Banco Santander SA Chief Executive Officer Alfredo Saenz and Chairman Emilio Botin may be grilled by investors over the next two days on whether Spain’s biggest bank needs more capital as a surge in bad loans curbs profit.
Stocks in Switzerland, up the most in 15 months last week, may extend gains as investors speculate the country’s drug- and foodmakers will boost earnings even after the franc reached a record high.
Copper rebounded after sliding into a bear market, gold rose and European stocks climbed for a fourth day on speculation central banks will ease monetary policy. U.S. shares ended little changed.
European stocks rose, extending their highest level since June 2008, after the Bank of England raised its growth forecast for Europe’s third-biggest economy.
Investors seeking to ride a wave of growth in Mexico through the share offering of Banco Santander SA’s unit in the country must look past the difficulties dogging the bank in Spain.
"I'm optimistic that we won't see any major failures in the AQR results."
- Andrea Williams on Oct 19, 2014