Santander Expands In New York After Conquering Peseta Market
BANKS
Banco Santander is setting its sights on the major currencies now that it has established itself as one of the key market makers in the Spanish peseta in New York, according to Ravi Mehra, a senior vice president and director of capital markets at the bank in New York.
"In my opinion we've reached the top, I think we have the biggest market-share [of the Spanish peseta market] in the U.S., and there is only so much one can invest in one product or one currency," says Mehra.
The bank just took its
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