Monday, October 29, 2012

Santander Takes a Big Writedown on Its Spanish Real estate Loans



10/25/2012
Banco Santander said profit fell after it amassed provisions against real-estate losses in Spain and as economic activity stuttered in some Latin American markets. Dow Jones's Margot Patrick reports:

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1 comment:

Anonymous said...

Shades of the US real estate bubble bursting in 2007-08 as well as norther rock's UK collapse too.

9:24 PM

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