Free Republic

The bankruptcy of the Catalan electronic voting company Scytl is approaching its outcome. The Irish group Paragon will take control of the technology company, after months of negotiations with the bank to find a solution to its liquidation, according to ARA from sources close to the operation. Yesterday was the deadline the judge had given the creditors to reach an agreement on Paragon’s proposal, which, as he advanced The vanguard, was the only offer in this phase. Scytl was dragging a debt of 75 million euros, of which creditors will end up collecting only 3 in return for the brands...

More than two dozen people who used prepaid debit cards to steal from ATMs at banks around New Jersey have been arrested, according to three law enforcement sources. The sources told NJ Advance Media this is a multi-jurisdictional investigation in several New Jersey counties and in New York. The scam appears to be exploiting a glitch in Santander ATMs where the people were able to continue to withdraw amounts using prepaid debit cards, two sources said.

But it’s even worse than it looks. And this time, there is no jobs crisis. This time, it’s the result of greed by subprime lenders. Serious auto-loan delinquencies – auto loans that are 90 days or more past due – in the third quarter of 2019, after an amazing trajectory, reached a historic high of $62 billion, according to data from the New York Fed today: This $62 billion of seriously delinquent loan balances are what auto lenders, particularly those that specialize in subprime auto loans, such as Santander Consumer USA, Credit Acceptance Corporation, and many smaller specialized lenders are...

First exploded a car at the busy shopping street Drottninggatan in central Stockholm. Then came another explosion some distance away and one man died. According to news agency TT, the man had blown himself to death. There was a bag on the ground filled with nails, according to newspaper Expressen. Alarm calls poured in to the Emergency Services from concerned residents about the explosions in central Stockholm on Saturday afternoon. But the initial info from the police was extremely unclear. First there was talk of two cars that exploded, later it proved to be just one... At Bryggargatan a man...

Clients in Region Invested Millions Through Banco Santander, Fairfield Wealthy Latin Americans appear to be among the big losers in the $50 billion Ponzi scheme orchestrated by financier Bernard Madoff, although many in the region are reluctant to step forward due to the private nature of Latin American fortunes, worries about security, and concerns about tipping off local tax authorities.Some were brought into the Madoff investment fund, which the New York-based financier confessed earlier this month was a Ponzi scheme, through Banco Santander, the Spanish bank, which has major operations through the region. Other investors appear to have been introduced...

BOSTON — Banco Santander, the Spanish company that owns a minority stake in Sovereign Bancorp Inc., has reached an agreement to buy the rest of Sovereign that it doesn’t already own in a deal valued at $1.9 billion.

Wachovia has begun preliminary talks with Citigroup about a potential merger, people briefed on the matter said Friday afternoon. Feelers have also been extended between Wachovia and Wells Fargo and Spain’s Banco Santander, these people said. These talks are early, however, and no deal may emerge from them.

Santander Traded with Blacklist Iranian Bank July 23, 2007 Telegraph Katherine Griffiths Santander, one of Europe's biggest banks, has been trading with an Iranian bank that is blacklisted by the US for allegedly financing nuclear proliferation. Santander, Spain's largest bank and the owner of Abbey in the UK, was doing business with Teheran-based Sepah as recently as March, The Daily Telegraph can reveal. Trading with businesses that are blacklisted for alleged links to terrorism is a serious breach of US law and can have draconian consequences. A spokesman for the US treasury department said: "Violations of US sanctions programmes may...