Spanish banks face $4.2bln hit from EU loan ruling

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Spanish banks must repay customers more than 4 billion euros ($4.2 billion) after Europe’s top court unexpectedly overturned a Spanish ruling that capped liabilities relating to a disputed mortgage clause, posing a new challenge to some lenders. David Pollard reports.

Spanish banks face $4.2bln hit from EU loan ruling

Tags : spanish, Spanish42 bln, ruling, loan, hit, face, european, court, banks, 42 bln

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