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NEW YORK -- Banco Santander of Spain said Monday that it would buy the rest of Sovereign Bancorp Inc. that it didn't already own for $1.9 billion, extending a wave of consolidation as the banking industry struggles to deal with a load of soured debt ...
Read more...Banco Santander of Spain said Monday it would buy the other three-quarters stake in Sovereign Bancorp that it doesn't already own for $1.9 billion, extending a wave of consolidation as the banking industry struggles to deal with a load of soured ...
Read more...Spain's Banco Santander SA is taking its New World expansion northward. Already with a major presence in Latin America, the Madrid-based bank on Monday said it is buying the three-quarters stake in Philadelphia-based thrift Sovereign Bancorp Inc ...
Read more...A debt-management plan offered through a reputable agency may help you get back on track faster than if you attempt to go it alone. In many cases, counseling agencies have standing agreements with some creditors to lower rates or waive certain ...
Read more...One of the most widely significant ramifications of the credit crunch for British consumers appears to be that cheap borrowing is becoming increasingly hard to find, especially for those with a bad credit history. An interesting indication of the ...
Read more...For those hoping for private equity (PE) to act as a saviour of the global credit markets in these times of extra-tight liquidity, there is bad news. PE fundraising is now showing visible signs of affliction as investors become increasingly cautious ...
Read more...Our office building's deli posts beside the cash register a list of people in the building who have run up tabs and not paid them. (Free business advice: No office deli should ever extend credit.) Where possible, they also list the name of the ...
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