Grupo Santander, Spain's largest bank, is looking to build its global asset management business by moving into the United States and the United Kingdom

Santander announced that it had hired an investment team from Baring Asset Management Inc. that includes Philip Bullen, former president of the ING Group subsidiary. Mr. Bullen will lead the group from Boston, while three colleagues from Baring - Christopher Goudie, Peter Hartley, and Kathryn Matthews-will work from Boston and London.

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