Smaller is beautiful for Santander

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Three years ago, dwindling demand for structured deposits prompted Santander to refocus its retail treasury business with the establishment of Santander Global Connect (SGC), a unit dedicated to delivering products and services to small-to-medium-sized businesses (SMEs) and high-net-worth individuals (HNWI). There are no other banks in Spain that have a treasury business unit exclusively dedicated to servicing SMEs. SGC's success has been in bringing treasury products to smaller businesses t

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