Brazil Bank Stock Goes From Worst to First After Investors Bail

When Banco Santander SA offered to buy out minority investors in its Brazil unit last year, many saw it as a chance to ditch the country’s worst-performing bank stock. They should have held on.

Santander Mexico Said to Seek Up to $4 Billion in IPO

Banco Santander SA (SAN)'s Mexican unit plans to raise as much as $4 billion in a record initial public offering for Latin America's second-biggest economy, according to two people familiar with the matter.