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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.

Rates

Our solutions for you

Our teams are based at our hubs in London, Madrid, New York, Sao Paulo, Mexico, Santiago, Bogota, Lima, Buenos Aires, Warsaw, and Hong Kong, from where we offer a product suite that includes:
Primary dealerships for government bonds
SSAs – Sovereign, Supranational and Agency Bonds
Interest Rate and Inflation Linked Swaps
Vanilla and exotic interest rate products
Rates strategy research & trade ideas in all the above underlyings

Awards

2018
Extel
#1 Trading/Execution: Brokerage Firm Spain & Portugal
2019
FX-W
Best bank for emerging LatAm currencies 2019
2024
Extel
Best Iberian Broker
2022
Euromoney
Market Leader Corporate Banking Chile
2022
FX-W
Best Bank for USD/BRL
2024
Latin Finance
Infrastructure Financing of the Year: Latin America
2021
Latin Finance
Bank of the year: Argentina, Chile, Mexico and Southern Cone
2022
Global Capital
Latin America Derivatives House of the Year
2024
Euromoney
Latin America Best FX Bank
2024
Global Capital
Derivatives Risk Solutions House of the Year: Europe & Asia
2018
Extel
N.1 Leading Brokerage Firm Spain & Portugal
2019
Extel
N.1 Cash Equities Spain & Portugal
2018
FX-W
Best Bank - Latam Currencies
2018
Extel
#1 Equity Sales: Brokerage Firm Spain & Portugal
2020
FX-W
Best Bank for Latin American Currencies
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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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Contact us

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