Full-Time
Posted on 9/11/2025
Global retail and commercial banking group
$29.3k - $45k/yr
Company Historically Provides H1B Sponsorship
Bridgewater, MA, USA
In Person
Santander is a global bank focusing on retail and commercial banking in Europe and the Americas. It serves individuals and SMEs through strong regional franchises (Spain, Brazil, the UK, the US) and a broad Consumer Finance arm, while supporting multinational clients via its Corporate & Investment Banking division. It digitalizes core banking on its Gravity cloud to rapidly deploy digital solutions like Openbank and cross-border services, blending fintech agility with a traditional bank balance sheet. Its goal is to improve efficiency under the One Santander framework, grow cross-border revenue, and finance sustainable initiatives aligned with Net Zero targets.
Company Size
10,001+
Company Stage
IPO
Headquarters
Boadilla del Monte, Spain
Founded
1902
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Health, dental, & vision
401k
Flexible PTO
Parental & sick leave
Discounts: technology, travel, auto, fitness, & tuition
EIB and ICO invest €325 million in UCI's Prado XII. The securitisation vehicle of the Banco Santander and BNP Paribas joint venture is backed by a €650 million portfolio of residential mortgages and will finance energy-efficiency renovations in homes. The EIB Group, comprising the European Investment Bank and the European Investment Fund, and the Instituto de Crédito Oficial (ICO) have invested in Prado XII, an Residential Mortgage-Backed Securities (RMBS) securitisation fund managed by Unión de Créditos Inmobiliarios (UCI), a joint venture between Banco Santander and BNP Paribas. The transaction involves an investment of €325 million. The EIB Group is contributing €225 million, of which €150 million comes from the EIB and €75 million from the EIF in the most senior tranche, while the ICO is investing a further €100 million. This is the second joint transaction between the EIB Group, the ICO and UCI involving a securitisation of residential mortgages originated in Spain. The funds raised will enable UCI to originate new sustainable loans for individuals and homeowners' associations for energy-efficient refurbishment works on buildings. Although the main focus will be on the renovation of the existing housing stock, mortgage loans may also be financed for the purchase of homes with high energy efficiency standards and nearly zero energy consumption. Prado XII is structured as a true sale securitisation of a portfolio of performing mortgage loans amounting to €650 million. The EIB Group and ICO are acquiring part of the senior tranche, while UCI retains the mezzanine and junior tranches. The fund is an RMBS (Residential Mortgage-Backed Security) and meets the European STS criteria - which stand for simple, transparent and standardised securitisations - as set out in the European Union's Securitisation Regulation 2017/2402. The transaction also complies with the regulatory requirements of the CRR (Capital Requirements Regulation) and the LCR (Short-Term Liquidity Coverage Ratio). Among the features of the transaction is a pro-rata amortisation of all tranches, which will be accelerated five years after issuance, on the adjustment date. The structure also includes a cash reserve to cover potential interest shortfalls and mechanisms to defer interest payments on the mezzanine and junior tranches should there be a deterioration in performance.
COTEC and Santander join forces to award innovation in internationalization. Link to Leaders April 8, 2026 The 3rd edition of the Innovation in Internationalization Award has opened registrations and this year will also evaluate the maturity of companies' internationalization models, in addition to the results achieved. COTEC Portugal and Banco Santander launch the 3rd edition of the Innovation in Internationalization Award, for which companies can apply until May 15. This year, the awards adopted a new evaluation model that seeks to identify not only companies that grow internationally but also those that demonstrate consistency, adaptability, and solidity in their expansion model. In other words, the Award aims to distinguish organizations that are effectively prepared to sustain and grow the scale of their international presence. "The Award evolves in this edition towards a more demanding logic, focused on how companies build their international presence. What we seek are organizations that can transform growth into structural capacity, combining strategy, execution, and adaptation to complex contexts," explained Jorge Portugal, General Director of COTEC Portugal. Thus, the 3rd edition is based on the distinction between performance and structure, as exporting intensively is no longer sufficient on its own as an indicator, now also highlighting how companies organize their international presence, make decisions in complex contexts, and articulate growth, innovation, and execution. The Award distinguishes companies based on their size (Small, Medium, and MidCap) and the geographic profile of their activity (Europe or global), ensuring an evaluation adjusted to different internationalization trajectories. The application process is based on objective indicators such as export intensity, international growth, investment in R&D, productivity, and profitability, ensuring a comparable and transparent basis for selecting companies. Three finalists will be selected per category. The jury, composed of personalities from business, academic, and public policy areas, will be responsible for choosing the winners in each category, considering the degree of innovation, strategic coherence, and demonstrated execution capacity. Among the winners, the Grand Winner will also be distinguished, corresponding to the company that best demonstrates an integrated, consistent, and differentiating internationalization model. They will additionally receive an experience for two people at the Formula 1 Tag Heuer Spanish Grand Prix 2026 in Madrid, offered by Banco Santander.
Grifols, a global healthcare company and plasma-derived medicines producer, has successfully refinanced all 2027 maturities with a significantly upsized €3 billion Term Loan B. The seven-year facility attracted strong institutional demand, allowing the euro-denominated tranche to be increased to €1.25 billion from an initial €500 million target, whilst the USD tranche reached $2 billion. The USD tranche was priced at SOFR + 250 with an original issue discount of 99.25, whilst the euro tranche was set at Euribor + 300 basis points with an OID of 99.75. Proceeds will refinance existing TLB maturities and repay €740 million of senior secured notes due in 2027. Upon completion, a €1.75 billion revolving credit facility will become effective, supported by major international banks including BofA, JPMorgan and Goldman Sachs.
Wallbox, the Barcelona-based electric vehicle charging systems company, has closed a debt restructuring agreement worth €169.5 million with creditors representing over 83% of its financial debt. The deal includes a capital increase that will bring the Generalitat of Catalonia in as a shareholder. The agreement, pending judicial approval and scheduled for signing on 8 April, restructures existing debt into a €57.6 million framework loan and a €69.1 million bullet instrument, both maturing in December 2030. A working capital agreement of approximately €42.8 million was also reached. The restructuring includes a €10.65 million capital increase, with strategic shareholders contributing €5.65 million and the Generalitat adding €5 million. Participating banks will provide €12.5 million in new financing. CEO Enric Asunción said the agreement strengthens Wallbox's financial position.
Cipher Digital has signed a 15-year data centre campus lease with an investment-grade hyperscale tenant and secured a $200 million revolving credit facility. The agreement marks Cipher's third data centre campus contract, though the company did not disclose financial terms or identify the tenant. The credit facility, which matures in March 2030, includes an accordion option of up to $50 million and carries interest at SOFR plus 1.25% to 1.75%. Morgan Stanley served as administrative agent and lead arranger, with participation from Banco Santander, Goldman Sachs, JPMorgan Chase, Sumitomo Mitsui Banking Corporation and Wells Fargo. Cipher will use the facility to enhance liquidity, support working capital and fund growth initiatives whilst developing a new high-performance computing data centre at an existing site.