Financial Services Financial Services

Banks and fintechs at disadvantage in Europe compared to US, Santander chief says

By Fiona Maxwell
  • 11 Oct 2021 09:19
  • 11 Oct 2021 09:19
Financial institutions of all sizes are at a disadvantage in Europe due to fragmented markets and tough rules compared to the US, despite the two jurisdictions having similar-sized markets, Santander group chairman Ana Botín said today.

Starting a business in the US versus Europe is a different experience, she told a

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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