October 14, 2008
Spain's Santander takes harvest of troubled banks to US
After snapping up stakes in two British banks hard hit by the financial crisis, Spain's biggest bank, Santander, has turned its sights across the Atlantic with the purchase of troubled US lender Sovereign Bancorp.
Property sales collapse, prices plummet
Estate agents are selling less than one property a week as a lack of mortgage finance hits the number of people moving house, fuelling plummeting prices, a surveyors' body said on Tuesday.
