Santander goes T2 shopping after results

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Santander goes T2 shopping after results

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File photo dated 14/02/15 of Santander signage above a branch in London, as the profits at the bank's UK operation have been dragged down by their exposure to collapsed construction giant Carillion. | Laura Lean/PA Wire/PA Images

Banco Santander brought out a 10 year tier two bond on Thursday on the back of announcing its full year results, at which it said it needed extra subordinated debt because of its acquisition of Banco Popular.

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