As a result, stocks markets across the globe (China excepted) have soared, with all-time highs being reached. One company that is benefitting from this is wealth management business, Brooks Macdonald (LSE: BRK). It has seen its bottom line rise at an annualised rate of 22.7% during the last four years, with the bull market during that period meaning that its fee income and profitability has soared. And, looking ahead, further growth it set to be delivered, with Brooks Macdonald expected to post earnings growth of 18% next year. This, when combined with its price to earnings (P/E) ratio of 20.6, equates to a price to earnings growth (PEG) ratio of just 1.1, which indicates that its valuation is very appealing at the present time.

Similarly, Virgin Money (LSE: VM) has benefitted from an improving UK economy, with its loan book increasing in size and its brand becoming better known and more diversified in recent years. Looking ahead, its growth appears to be on the up, with Virgin Money’s bottom line expected to rise by as much as 47% next year. Certainly, an interest rate rise later this year may hurt demand for new loans, but with Virgin Money having a PEG ratio of just 0.3, it appears to have a sufficiently wide margin of safety to take this into account. And, with dividends expected to increase by 90% in 2016, Virgin Money could quickly become a strong income play, too.

Of course, neither Brooks Macdonald nor Virgin Money offer the size and scale of Santander (LSE: BNC) (NYSE: SAN). It has endured a challenging period, with the Eurozone’s troubles weighing on its financial outlook. However, it now has a much improved capitalisation ratio following its 2014 placing and is committed to maintaining the regional diversity that remains a major selling point for potential investors in the bank.

Looking ahead, Santander is set to continue to deliver double-digit earnings growth and, as such, it seems to be worthy of a considerably higher rating than the P/E ratio of 12.6 on which it currently trades. And, with Santander set to increase dividends by around 13% next year, it could become an even more appealing income stock over the medium to long term, too, with its yield of 3% likely to rise in future.

The post Why These 3 Stocks Are Set To Sizzle This Summer! Banco Santander SA, Brooks Macdonald Group plc And Virgin Money Holdings (UK) PLC appeared first on The Motley Fool UK.

However, now could prove to be a great time to buy stocks that offer a degree of risk, but at a very appealing share price. That’s because it is during the more challenging periods, such as the outlook today, that the best bargains can be on offer.

For example, house builder, Barratt Developments

(LSE: BDEV), today announced that it was expecting a 45% increase in its pretax profits in the current year. That would represent a superb performance and show that the UK housing market continues to move from strength to strength, with Barratt’s considerable exposure to the London property market helping it to outpace some of its more regional-focused peers.

Furthermore, Barratt stated that the fall in the share prices of house builders yesterday following the changes to mortgage interest relief for buy-to-let landlords was overdone. Looking ahead, Barratt believes that the outlook for the UK housing market is very robust and yet its shares trade on a price to earnings growth (PEG) ratio of just 0.7, which indicates that capital gains could be on the cards.

Similarly, the banking sector remains very undervalued – perhaps even more so as a result of contagion fears regarding the Greek debt crisis. As such, Santander (LSE: BNC) (NYSE: SAN.US) continues to offer excellent value for money, with its future financial standing having been bolstered by a successful placing and its performance likely to benefit from its diverse product offering.

As such, Santander is expected to grow its bottom line at a double-digit rate over the next couple of years, which puts it on a PEG ratio of 1, which is great value for such a large, diversified and stable bank. And, while further problems in the Eurozone could put pressure on its share price, it remains a great buy for long term investors who are less concerned with volatility than most of their peers.

Meanwhile, there is also great value on offer within the chemicals sector. For example, Alent (LSE: ALNT) trades on a price to earnings (P/E) ratio of just 12.3 and yet is forecast to increase its bottom line at the same pace as the wider market. In fact, its net profit is set to rise by around 8% per annum during the next two years and, with it offering a well-covered dividend, there is scope for it to become a very appealing income stock. In fact, Alent pays out just 36% of its profit as a dividend and yet still yields 2.9%, which means that over the medium term it has scope to become a 4%+ yield play.

So, while the risk appetite of investors may be dwindling as volatility and fear rise, the likes of Santander, Alent and Barratt show that there are capital gains on offer at very appealing prices.

The post Looking For Capital Gains? Invest In Banco Santander SA, Barratt Developments Plc And Alent PLC appeared first on The Motley Fool UK.

Banco Santander

Shares in global banking behemoth Santander (LSE: BNC) have understandably taken a pasting over the past week as the Greek economic crisis has dominated the front pages — indeed, the Spanish firm is currently trading at levels not seen since the summer of 2013. Still, for more optimistic investors I believe the bank could prove a lucrative pick in the years ahead.

Firstly, Santander’s reduced exposure to bombed-out areas like the Spanish property sector leaves on much steadier footing than it was in the aftermath of the 2008/2009 financial crisis. Indeed, the bank’s continued success in European markets like the UK — not to mention hulking presence in massive growth markets like Latin America — make it a terrific selection for those seeking strong earnings growth, in my opinion.

The City expects the bottom line at Santander to expand 11% in both 2015 and 2016, leaving the business dealing on P/E ratings of just 11.4 times and 10.3 times for these years, just above the benchmark of 10 times that represents unmissable value. Meanwhile an expected dividend of 20 euro cents per share this year creates a decent yield of 3.3%, a readout which I expect to march higher thereafter in line with earnings.

Marks & Spencer Group

High Street stalwart Marks & Spencer (LSE: MKS) was recently trading lower in Tuesday’s session following a disappointing trading update. This showed like-for-like general merchandise dip 0.4% during April-June, reversing the rare 0.7% uptick in the previous three-month period. Still, this reversal was largely down to unseasonal weather during the period, the company said, raising hopes that Marks and Sparks’ turnaround story may still be broadly in tact.

And this belief would be grounded with good reason, I believe — sales in the critical internet sector leapt a stonking 38.7% during the period, while demand for Marks & Spencer’s premium Food remained extremely strong. With the retailer also expanding aggressively into lucrative Asian markets like India, China and Turkey, I expect earnings to rocket higher in the years ahead.

This view is shared by the number crunchers, who expect sales to edge 7% higher in the year ending March 2016 and 9% higher the following year. Consequently Marks & Spencer sports attractive earnings multiples of 15.3 times and 14 times for these years. On top of this, prospective dividends of 18.8p per share and 20.6p for 2016 and 2017 respectively create tasty yields of 3.5% and 3.8%.

Babcock International Group

Wider risk aversion across financial markets has also weighed on Babcock International (LSE: BAB) over the past month, but I believe this weakness represents a fresh buying opportunity for opportunistic investors.

The London firm saw revenues leap more than a quarter during the year concluding March 2015, to £4.5bn, its expertise across many hot engineering sectors allowing it to traverse the effect of reduced spending from the oil sector. And Babcock International’s terrific relationship with its customers allowed it to secure 90% of contract rebids during the period, helping its order book almost double to £20bn. The firm also won an exceptional 40% of new contracts that it had bid on.

The City is therefore rather upbeat on Babcock International’s prospects, and anticipate a 12% and 11% earnings jump in 2016 and 2017 correspondingly, creating very decent P/E ratios of 14.1 times and 12.7 times. Projected dividends of 26.1p per share for this year and 29.2p for 2017 are handy-if-unspectacular, creating yields of 2.4% and 2.7%, but I expect these to head skywards in the coming years as profits take off.

The post 3 Unloved Stocks You Must Check Out: Marks and Spencer Group Plc, Banco Santander SA And Babcock International Group PLC appeared first on The Motley Fool UK.

And, within the banking sector, Santander (LSE: BNC) (NYSE: SAN.US) stands out as a very appealing investment, since it offers a significant level of global diversity and growth opportunity. For example, Santander may have a large presence in Europe, but it balances this with operations across the globe that, alongside a capital raising in recent months, make it a relatively robust and reliable operator.

Furthermore, Santander offers good value for money, with its shares trading on a price to book (P/B) ratio of around 1.2. This indicates that there is upward rerating potential – especially as the global economy continues to recover. And, with Santander set to increase its bottom line by 13% this year and by a further 11% next year, such a low valuation could prove difficult to justify over the medium term and provide Santander’s investors with at least 20% upside.

Meanwhile, finance sector peer RSA (LSE: RSA) is also making changes to its strategy. Just as Santander raised capital recently, RSA has been restructuring its business to provide greater efficiencies, lower risks and greater returns. And, looking ahead, this is set to have a positive impact on its bottom line, with RSA’s earnings due to rise by 12% next year. And, with its shares trading on a price to earnings (P/E) ratio of 14, there seems to be at least 20% upside while the FTSE 100 trades at a premium of around 10% to RSA at the present time.

Of course, an improving global economy is also great news for car sales and, as a result, automotive dealer Inchcape (LSE: INCH) has grown its bottom line in each of the last five years. And, looking ahead, double-digit growth is being forecast for next year, too. Despite this, Inchcape trades on a price to earnings growth (PEG) ratio of just 1.4, which indicates that there is at least 20% upside in its valuation. In fact, with the FTSE 100 having a P/E ratio of less than 16 and an annual growth rate in the mid to high single digits, Inchcape’s PEG ratio could move up by a third and still be roughly in-line with that of the wider index.

Clearly, talk of an improving global economy includes the UK and, as such, support services provider Mitie (LSE: MTO) has a bright future. In fact, even while the UK economy was posting a disappointing rate of growth during the credit crunch, Mitie was still able to deliver positive earnings growth.

Looking ahead to next year, its bottom line is expected to grow by 8%. While the FTSE 100 has a P/E ratio of 15.5 (as mentioned), Mitie’s P/E ratio of 12.5 has scope to rise by at least 20%, since this would still have the company trading at a small discount to the wider index, with equally strong (and arguably more reliable) growth prospects.

The post 4 Stocks Set To Soar By 20%: Banco Santander SA, RSA Insurance Group plc, Mitie Group PLC And Inchcape plc appeared first on The Motley Fool UK.

The two companies continue to flirt with each other, and this morning announced a new fintech (financial tchnology) joint venture. According to the press release, the joint venture has the potential to redefine and support financial services globally.

Monitise and Santander will each take a 50:50 share in the new venture, the benefits of which are clear for both parties. 

Multiple benefits

By partnering up, Santander will gain access to Monitise’s world-leading mobile money platform. This includes Monitise’s new cloud-based platform designed to help banks collect and collate digital information for their customers. 

Meanwhile, Monitise will benefit from a multi-million pound upfront licence fee, with further ongoing revenues expected to be generated by the initiative. This is in addition to the company’s 50% share of the business and opportunity to work with one of the Eurozone’s largest banks. 

Both parties will commit £10m of capital each to the project over the space of two years. Through upfront fees and ongoing revenue related to the joint venture, Monitise should be able to realise a positive return on investment pretty quickly. 

Important deal

The importance of today’s deal between Monitise and Santander shouldn’t be underestimated. The two companies have worked together in the past and, as I’ve speculated before, a tie-up could be on the cards in the near future. 

Santander has long made it clear that the bank is looking to increase its online presence. Santander has 92m retail customers globally, of which only 12.2m do most of their banking with Santander. Management has stated that it wants to hike this figure to 17m by 2017, which the bank believes could add €2bn to €3bn of additional income.

And it seems that Monitise is a crucial part of this growth plan.

Working together

So far, Monitise and Santander have already collaborated on the development of three different mobile money apps for customers. The first was Yaap, Santander’s Spanish m-commerce joint venture with CaixaBank and Telefónica.

The second, Santander’s SmartBank app designed for students, and lastly, Santander recently released the UK’s first standalone ISA mobile app. Once again, the ISA app was designed in conjunction with Monitise. 

Santander’s relationship with Monitise also gives the bank access to IBM’s technology and global presence. Monitise signed a joint-venture deal with IBM last August, which was once again focused on developing mobile banking solutions for the financial services industry. 

Attracting customers

Monitise’s deal with IBM has already started to attract customers.

At the beginning of May, another European banking giant, Société Générale, released a mobile banking app that was developed with the support of IBM and Monitise. Also, Virgin Money and Turkey’s, Türk Ekonomi Bankası have both recently signed deals with Monitise.  

So overall, today’s deal between Monitise and Santander is great news for both parties, but Monitise is set to benefit the most: the company has locked in a significant revenue boost while strengthening its relationship with a key partner. 

The post What Monitise Plc’s Latest Partnership With Banco Santander SA Means For The Group appeared first on The Motley Fool UK.

The financial levers are there to prevent a Greek drama turning into a European tragedy, and Central Bank president Mario Draghi has pledged to do “whatever it takes”.

Of course, markets are wobbling, as they always do, when uncertainty is in the air. Are Grexit fears providing a good opportunity to buy depressed shares of UK-listed companies with a high exposure to Europe? In particular, are Vodafone (LSE: VOD) (NASDAQ: VOD.US), Banco Santander (LSE: BNC) (NYSE: SAN.US) and Northgate (LSE: NTG) attractive buys?

Northgate

FTSE 250 firm Northgate is the UK and Spain’s leading specialist in light commercial vehicle hire. The Spanish business contributes 30% to the group’s revenue. As it happens, Northgate released its annual results today for its financial year ended 30 April.

The company reported a 45% increase in underlying earnings, and hiked its dividend by the same amount. Management said the weakening euro adversely impacted pre-tax profit by £2.6m, but provided a favourable £28.8m impact on net debt.

Northgate is a well-run business with decent margins, and the price-to-earnings (P/E) ratio of 11.4 looks attractive compared with 18.5 for the FTSE 250 index. Similarly, a dividend covered 3.5 times by earnings and a yield of 2.5%, compares favourably with the mid-cap market’s 2.4% yield and 2.25 times cover.

Banco Santander

In 2014, Banco Santander reported an increase in profits in all 10 of the group’s key markets for the first time since the financial crisis. Europe contributed 52% to profits (UK 19% and Spain 14%), Latin America 38% and the US 10%.

Earnings were up 24% on the previous year, and analysts are forecasting 12% annual growth for the next two years. In addition to its solid earnings prospects, Santander is financially strong, having added €7.5bn to its capital from an equity fundraising in January and rebased this year’s dividend to one third of the 2014 payout.

On a current-year forecast P/E of 11.2, with a still-decent 3.2% dividend yield, Santander looks an attractive proposition.

Vodafone

Vodafone has always had significant exposure to Europe, and the FTSE 100 telecoms giant has been intent on increasing it, following the sale of its stake in US phones firm Verizon Wireless last year.

Vodafone’s most recent results show that just over half of the group’s revenue was generated in Europe (excluding the UK). Acquisitions in Germany and Spain, substantial organic investment in Europe, and early-stage discussions with TV and telecoms group Liberty Global about asset swaps on the continent all highlight the importance of Europe to Vodafone.

The trouble I have with the company is it’s current valuation; namely, a P/E of 41.5 based on forecast earnings for the year to March 2016. A prospective 5% dividend yield has more appeal, but the payout is uncovered by earnings, and I’m not convinced the dividend is sufficient compensation for the nosebleed P/E.

The post Should You Ignore Trouble In Europe And Buy Vodafone Group plc, Banco Santander SA & Northgate plc? appeared first on The Motley Fool UK.

Banking

Banco Santander (LSE: BNC)(NYSE: SAN.US) shares have fallen 21% over the past 12 months, to 455p — and that comes after the bank has reversed its earnings decline, put in two years of strong growth, and is forecast to see EPS rise by 12% this year and 11% next. The dividend has been slashed, but that ended a crazy policy of paying very high dividends that were nowhere near covered by earnings, in the hope that people would take scrip instead of cash — we’re now looking at yields forecast of 2.9% and 3.3%.

The P/E would drop to 12.8 this year and 11.5% next, based on current expectations, which is a good bit below the FTSE average. But there is the fact that Santander is based in Spain, and there must be fears that Spain could go the way of Greece, so that’s possibly holding the price down.

Energy

A strong high-dividend utilities company can be a good one to have in your portfolio, and Centrica (LSE: CNA) fits the bill nicely. Its dividend is expected to drop a little this year, but should still yield around 4.4% — and the City is predicting a rise to 4.5% a year later.

But over the past year the share price has fallen 12% to 39p, and by 24% over two years. That’s partly justified by a fall to a lower lever of earnings on the back of plummeting oil prices and a competitive pricing squeeze, but the shares are still on a forward P/E of about 15 — and I think that’s good value for such a solid dividend payer.

Pills and potions

Finally I come to GlaxoSmithKline (LSE: GSK)(NYSE: GSK.US), whose shares are down 13% in a year — 2015 started out strongly, but since a peak in April the price has fallen back down to 1,359p. Our big FTSE 100 pharmaceuticals companies have been struggling to get back to earnings growth in recent years, and AstraZeneca was looking like the turnaround star for a while. But 2015 is expected to see the end of the slump for Glaxo with a 16% fall in EPS, and then a return to growth with a 10% rise pencilled in for 2016.

Dividend yields of better than 6% should only just be covered, but if we do get the likely growth return, the firm should be able to maintain them. On a 2016 P/E of 15.5 is Glaxo a comeback bargain? It could well be.

The post Do Price Falls Make Banco Santander SA, Centrica PLC And GlaxoSmithKline plc Look Like Bargains? appeared first on The Motley Fool UK.

British American Tobacco

The tobacco sector has long been a haven for those seeking reliable dividend growth, making the likes of British American Tobacco (LSE: BATS) a sure-fire winner. More recently, however, a combination of crimped consumer spend and increasingly-hostile attitudes towards smoking has smacked cigarette sales, in turn denting the earnings visibility of tobacco manufacturers, a critical quality for dividend hunters.

But with British American Tobacco’s revenues-driving brands like Kent and Pall Mall helping the business make the most of recovering emerging markets, and moves into the e-cigarette sector lighting a fire under its earnings profile, I reckon the London company is a concrete pick for those seeking lucrative dividends in the years ahead. Indeed, for 2015 and 2016 British American Tobacco is anticipated to deliver payouts of 156.9p and 161.7p per share respectively, creating mammoth yields of 4.4% and 4.6%.

Legal & General Group

Underpinned by its drive into the lucrative overseas markets like the US and Asia, I believe that financial products at Legal & General (LSE: LGEN) should continue flying off the shelves, a promising omen for income seekers. On top of this, the company’s fleet-footedness has already seen it traverse the impact of many regulatory and demographic changes, most notably from the UK’s pension reforms back in March, helping it to keep earnings — and crucially for its dividend profile, cash reserves — ticking steadily upwards.

Like British American Tobacco, Legal & General has been a dependable pick for those seeking exceptional dividend growth for many years, and is expected to lift last year’s 11.25p per share reward to 13.3p in 2015, and again to 14.5p next year. As a consequence the life insurance leviathan carries heart-stopping yields of 5.2% and 5.7% for 2016 and 2016 correspondingly.

Banco Santander

At first glance Banco Santander (LSE: BNC) may not appear to be the most logical dividend candidate on the market, the bank having decided in January to slash the dividend to 20 euro cents per share this year in order to reinforce the balance sheet. But with these measures — combined with an earlier rights issue — having shored up Santander’s finances, I expect dividends to start chugging higher once again.

Don’t get me wrong; it may take some time for dividends to reach levels around 60 cents seen in recent years. But with terrific emerging market exposure expected to underpin huge earnings growth from here on in, I fully expect payments to take off beyond the current period. In the meantime 2015’s proposed dividend yields a decent-if-unspectacular 3.1%.

Taylor Wimpey

I bought into housebuilder Taylor Wimpey (LSE: TW) late last year on the back of its mammoth dividend prospects, and believe the business will remain a lucrative pick for many years to come. The number of homes coming onto the market remains weak as homebuyers refuse to put their properties up for sale, while builders like Taylor Wimpey simply cannot meet insatiable demand — mortgage approvals hit their highest for 14 months in June at 42,530, the British Banking Association said this week.

This housing shortage is not going to disappear any time soon, and so I expect house prices — and with it earnings at the likes of Taylor Wimpey — to keep heading skywards. Indeed, for 2015 the construction play is expected to chuck out a dividend of 9.2p per share, yielding a terrific 4.9%. And this reading moves to 5.4% for 2016 amid estimates of a 10.3p payment.

The post Are British American Tobacco PLC, Legal & General Group Plc, Banco Santander SA And Taylor Wimpey plc The Hottest Dividend Stocks Available? appeared first on The Motley Fool UK.

Looking ahead, further strong performance could be on the cards. That’s at least partly because Aldermore is operating amidst excellent trading conditions that are allowing it to increase the size of its loan book and grow its customer numbers and profitability. And, with the UK economy moving from strength to strength and being one of the fastest growing economies in the developed world, the outlook for Aldermore looks to be very bright.

For example, Aldermore is expected to increase its bottom line by 49% in the current year, followed by growth of 31% next year. That’s an astounding rate of growth and means that the bank’s net profit could be as much as 95% higher next year than it was last year. Furthermore, Aldermore still offers a very wide margin of safety, with the stock trading on a price to earnings growth (PEG) ratio of just 0.3, which indicates that even if its guidance is downgraded, its shares should still perform well moving forward.

Another Option

Of course, Aldermore is not the only financial services company with a bright future. Standard Life (LSE: SL), for example, is expected to increase its earnings by 65% this year, followed by further growth of 19% next year. And, despite seeing its share price double in the last five years, Standard Life still trades on a PEG ratio of just 0.8 and this shows that its valuation is hugely appealing at the present time.

Furthermore, Standard Life also offers stunning income prospects. As well as yielding 4.1% at the present time, it is expected to increase dividends per share by 7.5% next year and, with it having an excellent track record of dividend growth (they have risen at an annualised rate of 8.2% during the last five years), it looks set to be a super stock for income-seeking investors moving forward.

Santander

Clearly, investor sentiment in Santander (LSE: BNC) (NYSE: SAN.US) has been rather weak in recent months, with the global banking giant seeing its share price slump by 26% in the last year. And, while the improving global economy is good news for the highly diversified bank and it does offer upward rerating potential as a result of its price to earnings (P/E) ratio of 11, its growth potential is far lower than that of either Aldermore or Standard Life. As such, those two companies seem to have a more obvious positive catalyst to push their share prices higher.

Certainly, Santander offers greater stability, with its recent placing beefing up its capitalisation ratios and its regional diversity providing a very robust and consistent future outlook. However, when it comes to capital gain prospects, Aldermore and Standard Life seem to be the preferred options.

The post Why I’d Buy Aldermore Group PLC And Standard Life Plc Before Banco Santander SA appeared first on The Motley Fool UK.

Only a few weeks later, the manager’s view was vindicated. Barclays was ordered to pay a settlement of £1.5bn after the bank was found guilty of manipulating the foreign exchange markets.

Unfortunately, this won’t be the last fine Barclays is going to be forced to pay.

And with this being the case, I’d argue it could be wise for investors to dump Barclays and buy Santander (LSE: BNC) instead.

Misbehaving

Barclays’ reputation has shot to shreds during the past five years, as lawsuit after lawsuit has been filed against the bank.

One such suit currently going through the courts is a demand from US regulators, who are seeking $488m in compensation from the bank following allegations that Barclays manipulated trades on electricity contracts across the US.

Further, some reports from City analysts suggest that Barclays could be facing another $1bn in fines related to the recent foreign exchange market manipulation case.

Additional provisions for mis-sold payment protection insurance could set the bank back another £600m, while miscellaneous legal costs have the potential to add another £800m to Barclays’ legal bill.

Overall, one set of analysts has estimated that Barclays could be facing an additional £3bn of conduct costs during the next two years.

Holding back growth

These rising legal costs are holding Barclays back. Including the estimates above, the bank will have paid out more than £15bn in fines settlements, and other charges, since 2009.

That’s around a third of Barclays’ current market cap. If the bank returned the same amount of cash to investors, shareholders would be in line to receive a one-off dividend payout of around 89p per share.

Additionally, investors need to consider the effect that Barclays’ “bad bank” is having on group profitability.

Barclays is using its bad bank to dump unwanted parts of its business including parts of its fixed income, commodities, and trading operations as well as retail banking units in Spain, Italy, France and Portugal.

However, as the bank sells off non-core assets, it is having to take some losses. Losses from Barclays’ bad bank division cost the group £1.2bn during 2014, around 22% of group pre-tax profit.

Brighter outlook

Santander is one of the few global banks that behaved itself in the run-up to the financial crisis. While the bank may have been forced to pay some small fines, on the whole Santander has avoided much of the regulators’ wrath directed at banks since 2009.

And without a wall of legal worries facing the bank and its management, Santander should outperform Barclays during the next few years.

First-quarter results are a great indicator of the two banks differing outlooks. 

Specifically, Santander’s first quarter 2015 profit jumped 32% year-on-year. While Barclays only managed to report adjusted pre-tax profit growth of 9% for the period, legal costs wiped out impressive growth at the bank’s UK retail and investment bank arms.

Primed for growth

While Barclays concentrates on its legal issues, Santander has been able to focus on its growth strategy. The bank recently raised €7.5bn through a share sale, some of which will be used for select acquisitions. It’s rumoured that Santander could be looking at HSBC‘s Brazilian business, too. Moreover, the bank is looking to increase its lending to customers by around 30% by the end of the decade.

The post Why I Would Sell Barclays PLC But Buy Banco Santander SA appeared first on The Motley Fool UK.