Santander rescues Popular as Spain real estate loans sink lender – Pensions & Investments


Pensions & Investments

Santander rescues Popular as Spain real estate loans sink lender
Pensions & Investments
In what may prove one of the final acts in Spain's banking crisis, Banco Santander SA stepped in to take over Banco Popular Espanol SA before the bank collapsed under a mountain of bad property loans. Santander will tap shareholders for about €7

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