A financial group operating principally in Spain, the United Kingdom, other European countries and Latin America, offering a range of financial products.
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Recs
The market is freaked out currently w/ regards to the European debt crisis, and a Greek default is looking more and more likely. That's why there is a sell-off of European bank stocks. However, STD has minimal exposure to Greece, and has done well w/ regards to the bank stress tests. STD also pays a generous dividend.