Banco Santander buying rest of Sovereign for $1.9B: Links, Pics, Videos, and News

Banco Santander buying rest of Sovereign for $1.9B

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AP - 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 debt related to mortgages.
Yahoo News Most Emailed about 7 weeks ago
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