Charles Penty Manuel Baigorri

Charles Penty Manuel Baigorri

June 07, 2017 | Daily Business Review

Santander Rescues Popular as Spain Real Estate Loans Sink Lender

In what may prove one of the final acts in Spain's banking crisis, Banco Santander SA stepped in to take over Banco Popular Espanol SA before the bank collapsed under a mountain of bad property loans.

By Charles Penty, Manuel Baigorri and Esteban Duarte

9 minute read