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Home News After Banco Popular was sold for €1 – two more Spanish banks are in trouble

After Banco Popular was sold for €1 – two more Spanish banks are in trouble

Published on 12/06/2017

After the purchase by Santander of Banco Popular, two more Spanish banks are in trouble.

The Santander purchase of Banco Popular, for a nominal €1, is being followed up by a €7 billion rights issue to bolster Popular’s finances.

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