BGN Entrepreneur

The biggest bank in the eurozone by market capitalisation–Spain’s Santander, is quietly trying to sell a €3bn package of thousands of repossessed properties and lots of land to foreign investors. According to people familiar with the talks, the bank is doing so in order to clean up its balance sheet.
However, it is revealed that at [...]

According to analysts, one of Europe’s leading banks—Spanish-owned Santander, may not be same from further blows to the banking sector expected in 2009.
The bank is regarded as robust after the start of the financial crisis, as it has snapped up three UK’s high street banks, which are Abbey National, Alliance&Leicester and Bradford & Bingley. However, [...]