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Shop around the clock

13 September 2010 By Fiona Maharg-Bravo

The Spanish lender has spent 8 bln euros on deals recently, the latest being the purchase of a Polish retail bank. Santander could still attain a core Tier 1 ratio of 8 pct by 2011. But if it wants a bigger cushion, it may have to raise capital say by an IPO of its UK arm.

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