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Mauro Guillén of the Wharton School said it makes sense for Spain’s Banco Santander to be proactive in navigating anti-market populist measures. “They can’t afford to be on the wrong side of things given the other challenges they’re facing,” he said.

https://www.bloomberg.com/news/articles/2019-12-12/santander-s-botin-may-face-latin-america-style-populists-at-home Bloomberg