NEW Banco Santander chairman Ana Botin has issued a cash-call to strengthen the bank with fundraising.
Botin asked shareholders for €7.5 billion, about 10% of the bank’s capital value.
Shares for the eurozone’s largest bank were temporarily suspended on the Madrid stock market pending the announcement.
- Police uncover 36 Egyptian artefacts in Valencia - 1 Feb, 2015 @ 12:00
- Zara boss buys iconic building on Madrid’s Gran Via - 1 Feb, 2015 @ 11:00
- Huge sports complex to open in Sabinillas - 1 Feb, 2015 @ 08:00
- Expat searches for ‘perfect home’ for Costa del Sol turtle - 31 Jan, 2015 @ 11:00
- ‘Tolkien universe’ theme park to open in Rincon de la Victoria - 30 Jan, 2015 @ 17:24
- IMF raises Spain’s growth forecast saying it has entered a ‘virtous circle’ - 30 Jan, 2015 @ 08:00
- Organic success in Marbella - 30 Jan, 2015 @ 08:00
- European Central Bank to buy 10% of Spain’s public debt - 29 Jan, 2015 @ 18:09
- WikiLeaks threaten legal action after Google hand over journalist email data to US government - 28 Jan, 2015 @ 13:47
- Swans talent show stuns audience - 28 Jan, 2015 @ 08:00