thewickedwiz
Long

Santander representative till now of European Banking misery

BME:SAN   BANCO SANTANDER S.A.
European banks have been much maligned and languishing for years.
Some banks have been trading at yields of close to 6 per cent ( UBS and BNP are good examples.)
Despite the bad news and continued QE , banks in Europe even Deutsche seem to be forming long term bases.
The bases seem to be rounding bottoms and despite the fact that I am not bullish in general the following look as though they may be long term buys with potential to double in the next years.
Banco Santander
BNP Paribas
UBS Group

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