'Pimco, Anchorage Seek €1.13 Billion In Trial From Santander, PwC' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
Pimco and Anchorage are seeking €1.13 billion in compensation from Banco Santander and PwC over a seven-year-old dispute related to the collapse of a Spanish bank.
October 29, 2024 | 1:54 pm
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Banco Santander is facing a €1.13 billion lawsuit from Pimco and Anchorage related to a Spanish bank's collapse.
The lawsuit could have financial and reputational implications for Banco Santander, potentially affecting its stock price negatively in the short term.
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