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Banco Santander, owners of UK’s Abbey, are showing up its rivals in Britain
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Spain’s biggest bank Banco Santander SA intends to scoop up $7.1 billion
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Few of us would think of walking into a bank rather than an estate agent when looking for a new home. Not doing so could be a mistake. Spain’s banks, including savings banks known as cajas, have more properties on their books than do the estate agents...
La Vanguardia announced on Sunday that the Spanish savings bank Caixa Catalunya is selling 824 of its bank branches in an effort to raise cash. That is nearly 70% of all its locations (1200 buildings across Spain).
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Banco Santander one of the world’s leading banks may not have been hit by the subprime mortgage crisis in the US earlier this year, but media around the world is confirming today that Banco Santander has been exposed to the fraud of Bernard Madoff...