Inflation can cause unemployment when: 1  The uncertainty of inflation leads to lower investment and lower economic growth in the long term. 2  Inflationary growth is unsustainable leading to a boom and bust economic cycle.
Santander, Spain. Santander is the capital of northern Spainâs La Montana Province, situated along the scenic Cantabrian Coast. The center of this charming town is marked by small buildings and squares with flowering gardens.
Banco Santander was founded on 15 May 1857, with Queen Isabel II 's approval. The bank grew and in the 1920s started to build a network of branches.In 1942 it opened in Madrid.s Banco Santander owned 25% of Sovereign, it had the right to buy the bank for $40 per share for one year beginning in the middle of 2008. On June 1, 2006, Sovereign Bank purchased Independence Community Bank Corp. of Brooklyn, New York, for US$ 3.6 billion in cash.