Banco Santander Share Price (BNC)

You Couldn't Make It Up .......... At Least They Will Be Able To Say They bought A Tier One Asset ....... Till It's Not.

Trouble Is The Banks Are Not Lending And Tightening Lending Standards ......... But The Main Problem Is US GDP Is So Low And Revenue Falling They Have To Print Just To Pay The Interest ....... Without Fiscal Spending The "Fed" Is Powerless In The "Real" Economy.

well the fact that they keep creating scrip divs doesnt help...and ulta low interest rates fo 3 years..if the FED is right..will continue to hit their earnings ...so..they are a bit hemmed in at the moment...poor revenue inat one end, and loan loss risks at the other end ...not the best business to be in right now

BNC shares soon to be 'junk bond ' status.
It's the lowest these shares have ever been.
Remember the financial crisis these shares were selling at £4 a go.
So the question is 'how low can BNC shares go'?

I thought the US Fed were merrily buying up US Corporate debt and US Treasuries and shoving it on their balance sheet?
Whilst US Governmen Debt issue is high he notion that the FED isasying it sees interest rates at rock bottom until 2023 suggests that ianterest payments will remain somewhat steady.

The situation today is that they can have, for example, 30% more debt on their books than 10-15 years ago...but as a result of rock bottom interest rates are actually paying, in relative terms, less than then in interest payments for it... so it is cheaper to borrow more money now, than less money then...