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Made Popular Dec 16 2008
Posted Under Business

Some of the world’s biggest banks have revealed they are victims of an alleged fraud which has lost $50bn (£33bn).Bernard Madoff, who was arrested on Thursday, has been charged with fraud in what is being described as one of the biggest-ever such cases.

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Dec 18 2008 by AP0 Comments

Crews with jackhammers worked Thursday to remove one of Spain’s last statues of the late Gen. Francisco Franco, eliminating a symbol of decades of right-wing dictatorship.

 
 
Dec 18 2008 by AP0 Comments

EU regulators on Thursday cleared Banco Santander to buy the retail banking arm of Bradford & Bingley, months after the British government bought the lender to save it from collapse during the financial crisis.

 
 
Dec 12 2008 by AP0 Comments

Spanish bank Santander said Friday it plans to cut 1,900 jobs in its three British businesses as part of commitment to reducing costs.

 
 
Nov 10 2008 by AP0 Comments

Spain’s Banco Santander announced Monday it would raise 7.2 billion euros ($9.2 billion) in a share issue designed to protect it from the international financial turmoil.

 
 
Oct 13 2008 by AP0 Comments

Sovereign Bancorp says it is in advanced discussions with Spain’s Banco Santander regarding a possible buyout of the Philadelphia-based thrift.

 
 
Oct 13 2008 by AP0 Comments

Spanish bank Banco Santander SA is in “advanced talks” to acquire Philadelphia-based thrift Sovereign Bancorp Inc., The Wall Street Journal reported on Sunday.

 
 
Sep 28 2008 by AP1 Comments

Britain’ Press Association says Spanish banking giant Santander is taking over British mortgage lender Bradford & Bingley’s retail deposits and branch network.

 
 
Jul 31 2008 by AP1 Comments

President Hugo Chavez said Thursday he intends to nationalize the Bank of Venezuela, which is owned by the Santander banking group of Spain.

 
 
Jul 14 2008 by AP0 Comments

Spanish banking giant Banco Santander said Monday it has agreed to buy the British mortgage lender Alliance & Leicester PLC in a deal valued at $2.5 billion.Banco Santander, which also owns Britain’s Abbey National Bank, said that under the terms of the..

 
 
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