Tag Archives: spanish bank


Santander Bank Struggles to Meet Redemptions, Seeks to Halt Withdrawals

New York (HedgeCo.Net) – Spanish bank Santander is seeking to freeze redemptions after stating on Monday that they currently lack the liquidity to meet the rising demands for withdrawals.  Investors in the bank’s flagsihip real-estate fund, the Santander Banif Inmobiliario […]

Madoff Red Flags Could Have Been Raised by Santander’s Software

Bloomberg – Banco Santander SA’s hedge fund unit used risk software that according to its developer may have “waved red flags” about Bernard Madoff investments. “You definitely would have seen it,” Riskdata SA Chief Executive Officer Ingmar Adlerberg said in a […]