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Santander buys back asset management unit, eyes Allfunds sale

November 21, 2016 by Fund Pro Latin America
Santander buys back asset management unit, eyes Allfunds sale

The Spanish bank is clawing back the 50% stake in Santander Asset Management it sold to Warburg Pincus and General Atlantic for EUR 2 billion in 2013. It manages EUR 170 billion in client assets.

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Filed Under: News and Trends, Private, Region Tagged With: Allfunds, asset management, Banco Santander, Bank, buy, General Atlantic, Intesa Sanpaolo, Rodolfo Crespo, Warburg Pincus

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