You are here
ECB triggers overnight Santander rescue of Spain's Banco Popular
EUROPEAN authorities stepped in to avert a collapse of Spain's Banco Popular following a run on the bank, orchestrating a last-minute rescue on Wednesday by Santander, the country's biggest lender.
Owners of Popular bonds face losses of some two billion euros (S$$3.10
- CALL +65 6388 3838
- EMAIL firstname.lastname@example.org