Global Markets
Our services
Cash Equity
Cash Equity
Due to its balanced geographic diversification and constant commitment, Santander CIB has long been a leader in Research and Corporate access in Latin American and Iberian Markets, providing expert advice and direct market access to our clients.
We believe that great partnerships can have an incredible impact on a business’s success. Our aim is to create relationships that bring value to our clients’ businesses.
Credit
Credit
Credit performs its activity focusing in delivering best in class pricing and customized solutions across our client franchise - Institutional, Financial Sponsors and Corporate clients.
Credit Research
Credit Research
We provide timely research on the sectors, companies and asset classes that we cover in order to generate actionable investment recommendations
Equity Derivatives & ETD
Equity Derivatives & ETD
Our Equity Derivatives & ETD business is based on a diversified geographical footprint, operating in both emerging and mature markets. It combines our capabilities to develop value-added solutions for institutional customers with structured products aligned with a unique blend of green framework and more innovative underlying assets such as LatAm, as well as Santander’s privileged position in terms of credit rating and balance sheet strength.
Our ambition is to become an established issuer in the world’s largest market for structured products and the partner of choice across the entire value chain from trading platforms, buy-side and financial advisors to the rest of the financial community.
FX
Santander’s global reach and access to the main financial hubs enable us to provide services across all time zones in a wide range of products. Combined with our local market knowledge, expertise and regional presence, Santander CIB FX solutions are a great choice to meet our clients risk management, financing and investment needs.
A global product offering and regional presence in over 13 countries across the Americas, Europe and Asia enable us to provide the solution that best suits our clients’ needs. Santander CIB strongly believes in a responsible market and this is part of our culture, as evidenced by our adoption of the FX Global Code and prioritization of ESG initiatives.
Macro & Strategy Research
Macro & Strategy Research
Our top-ranked economists and rates & FX strategists with solid market experience provide local colour out of our hubs located around the world. We provided detailed coverage of all countries in the respective regions by relying on our fully dedicated teams located in Argentina, Brazil, Chile, Mexico, the United States, the United Kingdom and Spain.
Our mission is to provide timely in-depth analysis of the economies we cover and investable trading recommendations in rates and FX markets. We also aim to provide our clients with thematic and customized research to support their investment and hedging decisions in the assets and geographies we cover.
Rates
Rates
Through our primary dealerships in Europe and Latam, our SSA trading capabilities and strong franchise in nominal and inflation-linked derivatives, we focus on delivering efficient pricing and customized solutions to our Institutional, Financial Sponsors and Corporate client base.
We specialize in flow distribution and structured solutions, supported by electronic and algorithmic trading capabilities. Our world-leading analysts work with sales, trading and structuring to deliver best-in-class, bespoke solutions that, in tandem with our strong balance sheet and in close coordination with our financing and advisory teams (including our ESG focus), deliver differentiation in the market.
Securities Financing
Securities Financing
We provide tailor-made solutions for clients covering Europe, the United Kingdom, North America and Asia, combining first-hand expertise from our local desks with a broad overview from our main desk in Madrid, as well as in South America, where our local presence maximizes our strong expertise in order to cover all our clients’ needs with a unique value proposition: all products, asset classes and geographies covered by an integrated team.
Meet our team
Mike Bagguley is global head of Markets for the Santander Corporate and Investment Banking (Santander CIB) division.
He reports to José M. Linares, Group Senior Executive Vice-President & global head of Santander CIB, and is a member of the SCIB Executive Committee.
Mr. Bagguley spent most of his over 30 year career at Barclays where he held multiple leadership roles within the markets business, leading Macro products, Trading for FX, Commodities, Linear and Options. He was also head of the Markets Business at ABSA Bank, where he was responsible for integrating it and turning it around following Barclays´ acquisition. Most recently, he was Chief Operating Officer of Barclays International and Barclays Investment bank, responsible for technology, operating platforms, risks and controls with a strong focus on improving commercial agility.
Mike Bagguley holds a bachelor's degree in Mathematics from Warwick University.