Thursday, 31 January 2013

Finance News - Business news from the UK and world: Santander writes off €19bn as profits plunge

Finance News - Business news from the UK and world
Latest financial news, breaking business news, stocks and share prices from the UK and world from Telegraph.co.uk
Santander writes off €19bn as profits plunge
Jan 31st 2013, 09:05

Spanish bank Santander, the biggest in the eurozone by market value, said Thursday its net profit plunged in 2012 as it wrote off nearly €19bn for dodgy loans and property assets in Spain.

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