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DBRS: Santander unchanged
DBRS said that its ratings of Banco Santander SA remain unchanged after the group's 3Q11 results announcement.
The agency said that it rates the group's senior unsecured long-term debt & deposit at AA with a negative trend.
While DBRS views Santander as benefitting from its internationally diversified franchise, the challenging macro environment, especially in Europe, continues to pressure earnings.
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