Spanish Banks Eye Property Sales

Spanish banks are said to considering offering large volumes of properties for sale at deep discounts, which would acknowledge the true number of repossessions on their books.

  • 03 Nov 2010
Spanish banks are said to considering offering large volumes of properties for sale at deep discounts, which would acknowledge the true number of repossessions on their books. So far, Banesto Bank, a unit of Santander, has announced the sale of some 600 properties at 50% market value, while ...

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1 Citi 10.72
2 Bank of America Merrill Lynch (BAML) 10.66
3 Credit Suisse 6.45
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