Santander Brasil
Coverage of Santander Brasil in the Nexus archive.
- Santander Brasil Q2 Profit Cements Brazil as No. 2 Market
Santander Brasil reported a €551 million quarterly profit in Q2, reinforcing Brazil's position as the second market. However, a closely monitored risk gauge increased, raising market concerns.
- B3 Names Christian Egan CEO as Vale Installs Interim Chair Bruijn
Christian George Egan was elected CEO of B3 on 19 May 2026, succeeding Gilson Finkelsztain, who is departing for Santander Brasil at the end of June. Egan's start date remains pending regulatory approvals and a garden leave period. Vale has also installed Bruijn as interim chair.
- Santander’s Brazil Unit Falls So Far Behind, a Buyout Is in Play
Santander Brasil units (SANB11) have fallen 21% in 2026, the worst performance among Brazil’s largest banks. Meanwhile, the Spanish parent company’s shares rose 24%, making it continental Europe’s most valuable bank. The valuation gap between the two entities is the widest since Brazil’s records began.