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KM Financial Solutions | UPDATE 1-Burnt Banco Popular investors contest “flawed” rescue valuation
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UPDATE 1-Burnt Banco Popular investors contest “flawed” rescue valuation

08 Feb UPDATE 1-Burnt Banco Popular investors contest “flawed” rescue valuation

Posted at 14:57h in News by
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FRANKFURT, Feb 9 (Reuters) – European authorities used a
“flawed” negative valuation for the sale of Spain’s failing
Banco Popular last year which undermined the process, a law firm
seeking redress for investors who lost money on the bank’s bonds
said on Friday.

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