Banco Santander is a leading retail and commercial bank, based in Spain, with a market share in 10 countries in Europe and the Americas. Santander is among the largest banks in the Eurozone by market capitalization and among the top banks globally. Founded in 1857, Santander had €1.52 trillion in managed funds, 12,500 branches and 190,000 employees at the close of June 2016. In the first half of 2016, Santander made underlying profit of €3.28 billion.