Santander’s Botin Speeds Up Americas Pivot With Polish Unit Sale

Since Donald Trump’s sweeping tariffs upended global markets, many investors have turned their backs on the US. Not so the European Union’s most valuable bank.

If anything, Banco Santander SA is accelerating its pivot to the Americas.

The Spanish lender on Monday agreed to sell much of its Polish operations in a €7 billion ($7.9 billion) transaction, with half of the capital released by the sale earmarked for growth in other regions, including the Americas.

Ana Botin

Photographer: Chris Ratcliffe/Bloomberg

The deal, one of the largest in European finance in recent years, is part of a strategic shift under Ana Botin, who ...