Santander seeks to freeze Banif fund

By A staff reporter 2009-02-18T00:00:00

Spanish bank Santander said on Monday it is has requested a freeze on payouts from Spain's largest real estate fund, Banif, after investors sought to withdraw 80% of the vehicle's capital. In a regulatory statement to Spanish stock market regulator CNMV, the bank said its Banif Inmobiliario investment fund is ...

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