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Spain's Santander bank buys failing local rival for 1 euro

Spain's Santander bank buys failing local rival for 1 euro

Spain's Banco Santander says it is acquiring Banco Popular, the troubled lender that lost more than half of its share value over the past week.
Spanish bank buyout showcases Europe's new anti-crisis rules

Spanish bank buyout showcases Europe's new anti-crisis rules

Spain's Banco Santander says it is acquiring Banco Popular, the troubled lender that lost more than half of its share value over the past week.