SANTANDER STILL SEES SEPTEMBER FED HIKE
July CPI is unlikely to decide the Fed’s September move, according to Santander’s Stephen Stanley.
Unrounded core CPI rose 0.215% M/M, equivalent to a 2.6% annualized pace.
Despite the broadly in-line inflation report, Stanley continues to expect the Fed to raise rates in September, followed by another hike in December.
Banco Santander and BBVA are stepping up their efforts to win corporate and investment banking business in the US, turning a division that once attracted relatively little attention from analysts into a topic on their earnings calls.
Banco Santander, BBVA and Deutsche Bank are working on multiple significant risk transfers, testing the resilience of booming demand for the high-yield trade as threats to the global economy grow
Banks including JPMorgan and Santander are leading a debt financing of more than £1 billion to fund Drax’s purchase of renewable energy company Bluefield