I https://i-uv.com

  • Home
    • “Meetups” and Connecting with Your Soul Groups
      • Contact Sister Sites
  • OPPT Absolute
    • OPPT Tools
      • OPPT FAQ
      • The Foreclosure Flyer
      • OPPT Courtesy Notice
      • OPPT CN Guidelines
      • Which Courtesy Notice?
      • Cover Letters for CNs
      • Translations of Courtesy Notice
      • Public Interest Courtesy Notice: Monsanto
        • Public Interest Courtesy Notice: IRS
        • Public Interest Courtesy Notice: Chemtrails
        • FREEdom Flyer
    • OPPT Tool Complete
    • OPPT Goes Public
      • OPPT Definitions
      • OPPT Press Releases
      • Conversation with Heather & Brian
    • OPPT Initial Investigation
      • Original OPPT UCC Filings
      • OPPT Financing Statement July 25 2012
      • OPPT True Bill UCC Filing
      • OPPT Commercial Bill UCC Filing
      • Declaration of Facts
      • OPPT UCC Filings in CNs
      • The One People’s Public Trust (OPPT): Your Frequently Asked Questions…ANSWERED
      • E_Call Supporting Documents
  • I UV
    • HATJ: Trust ~ ALL ON!!!
      • Documents for Proof of Ownership for Funds
      • TDDA : Testing spread sheet
    • I and the UV Exchange
    • Heather Ann Tucci-Jarraf : I AM WITHOUT PREJUDICE
    • The Will and The Word of I
    • I UV GIFT HAS BEEN ACCEPTED
  • Media and News
    • Nova Earth News
    • Radio Shows
      • The One People Radio Show
      • The Collective Imagination
      • The Transitioning Radio Show
    • Show Transcripts
    • Radio Interviews
  • Freedom Stories
    • Share Your Freedom Story With The World
    • Checklist for Some BEing and DOing
  • Removing The Veil
    • Banking Industry Quarterly Reports
    • Our Cosmic Community
      • Friends in ‘High’ Places
      • Share Your Stories of Friends in ‘High’ Places
  • I UV Blog
    • Contact Us
    • Gold Meditations

Spain’s hemorrhaging Banco Popular bought by Santander for €1

by BZ ⒾAM Riger / Wednesday, 07 June 2017 / Published in Absolute Data

Spain’s hemorrhaging Banco Popular bought by Santander for €1

BANKING heavyweight Santander has agreed to buy toxic lender Banco Popular for just €1, saving the giant from total collapse.

By Lana Clements, published on The Express, on June 7, 2017

banco-popular-spain-814155

Spain’s biggest bank must now inject around £6.1billion worth of cash into the bankrupt lender to cover its book of disastrous property loans.

Santander will ask its investors to stump up the cash for the rescue plan, after the European Central Bank declared Spain’s sixth largest bank was insolvent and would be wound down.

Europe’s rules now ban taxpayer money being used to bail out banks that run not crisis, without retail investors also taking a hit.

Banco Popular shareholders have lost everything, while senior holders of the bank’s debts have been spared.

The Spanish Royal Family

The Spanish Royal Family

It is the first bank to be affected by Europe’s new bank bailout rules.

Shareholders recently started to run on the bank as it appeared there was no end in sight for Banco Popular’s troubles.

The ECB said a “significant deterioration of the liquidity situation of the bank in recent days” meant it “would have, in the near future, been unable to pay its debts or other liabilities.”

It comes as some of Italy’s lenders have faced similar problems over the last year.

But Rome is resisting forcing losses on investors, many of whom are ordinary Italian savers.

Spanish economy minister Luis de Guindos said Santander’s takeover was a good outcome for Popular and would have not impact the Government or other banks.

Santander chairwoman Ana Botin said: “We welcome Banco Popular customers.”

Share
  • Tweet

About BZ ⒾAM Riger

What you can read next

Statement From The Office Of The Former President
Lin Wood: “I believe the military is in control”, “Joe Biden is a fake president”
Marine Corps books all 966 rooms at Hyatt Regency in downtown Jacksonville, sources say

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow ~ I UV Blog
enter Primary email:
Must confirm email for Success

Delivered by FeedBurner

Share What You See

Share
Thank you for your exchange of value with us
If you find value in the I UV website & blog , enjoy the content , and appreciate the energy put into it for you, please consider returning some energy by making a donation.~ BZ

Updates

  • #UNIVERSALCLEANUP: HATJ & RKB Alleged Trial Transcripts w RKB Closing Statements
  • #UniversalCleanUp: EO 13818 & Letter from the President to the Congress of the United States
    • Quantum Playground: #HATJ #POTUS : “Universal Clean Up” & “Universal Backdoor”
  • Current Updates HATJ & RKB
    • Eastern District TN Court updates
    • Knox County Sheriffs Office Inmate Manual 2018
  • IRS Secret Manual for Agents 1982
  • Court Registry Investment System- CRIS
  • I and the UV Exchange

Recent Comments

  • Micki C on Simon Parkes Updates: 25th January Update
  • Hank on Simon Parkes Updates: 25th January Update
  • Graham on Constitutional Lawyer Talks Down Health Inspector In 5 Minutes
  • Sarah koo on Freedom Stories
  • Christina Amdahl on Rod Rosenstein and his Dirty Trick Squad…Whistle blower Video Testimony
  • Tony Glynn on L. Lin Wood and Mercer University Of Law… on Free Speech… Priceless Phone Recording
  • LM on PEDOGATE: Bombshell Disclosures About George H.W. Bush

Recent BEing & DOing

  • Quantum Playground
  • Expansion Meme
  • HATJ
  • Absolute Data
  • Abilities
  • Eternal Essence Embodied
  • Disclosure
  • Creative Arts
  • Freedom Stories
  • Removing the Veil
  • China Virus Unmasked
  • Deep State-Illuminati
  • Satanic Ritual Abuse SRA
  • Sex trafficking

Removing The Veil

  • HATJ: Trust ~ ALL ON!!!
  • OPPT Absolute
  • The Slavery System
  • Banking
  • Chemtrails
  • #UniversalCleanUp :History of Banking
  • Modern Money Mechanics
  • Top Secret Banker’s Manual
  • #UniversalCleanUp : Money & Banking Dallas
  • I Bet You Thought
  • Your Strawman
  • Clinton Body Count List Infographic

Archives

www.i-uv.com all content © Eternal Essence Embodied ©2020

TOP