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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 more than 13 countries across the Americas, Europe and Asia enables us to provide the solution that best suits our clients’ needs.

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Our solutions for you

We've been named "Latin America's Best FX Bank" by Euromoney, showcasing our commitment to delivering top-notch financial solutions globally:

A global player with seats on the world’s leading global and local exchanges and CCPs.
Strong balance sheet and rating.
Executing and clearing derivatives globally, specializing in all major underlying assets.
25 years servicing institutional clients and the Santander group in organized markets.
Regional execution desks in Madrid, Warsaw, New York, Mexico and Sao Paulo.
Post-trading, clearing & settlement centralised out of Madrid.
Developing a truly collaborative experience with institutional customers using technology.
A top team of professionals boasting over 15 years’ experience in listed derivatives.
Robust technology that ensures smooth transaction flow, something that proved to be particularly useful during the Covid-related market turmoil in 2020.
Positive track record in engaging with regulators: CFTC, SEC, FINRA, FSA, CNMV, BaFin, ECB, etc.

Awards

2022
FX
Best NDF's dealer
2018
Extel
#1 Country Research: Brokerage Firm Spain & Portugal
2022
Risk
Risk Solutions House of the Year
2024
Euromoney
Argentina Best FX Bank
2018
Global Capital
Best Liquidity Provider
2018
Extel
#1 Equity Sales: Brokerage Firm Spain & Portugal
2023
SCI
Impact deal of the year
2023
Global Capital
Most Innovative Deal of the Year
2022
Euromoney
Best Investment Bank in Spain
2018
Extel
#1 Trading/Execution: Brokerage Firm Spain & Portugal
2023
SRP
Best house
2024
Extel
Best Iberian Broker
2023
Global Capital
Most Impressive Bank for ESG Capital Markets in Latin America
2022
FX-W
Best Bank for Latam
2019
Global Capital
Best Liquidity Provider
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Why choose Santander Corporate & Investment Banking

We offer industry-leading support for global M&A activities, integrating comprehensive financial services through our local teams. With a strong record in Europe and Latin America, we advise on major global deals, combining local expertise with deep sector knowledge to support your transactions effectively.
High volumes
A fully integrated bespoke service that supports high volumes.
Strong relationships
Strong relationships with some of the world’s largest corporations and institutional investors.
Global presence
Combining a global presence in the world’s major financial hubs with leading market expertise in our core footprint of Europe and Latin America.

Meet our team

Mike_Bagguley

Mike Bagguley

Global head of Markets

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.

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