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Name | Symbol | Market | Type |
---|---|---|---|
Banco Santander SA | NYSE:SAN | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.145 | 2.96% | 5.045 | 5.06 | 5.0218 | 5.03 | 2,081,227 | 18:02:27 |
By Nathan Allen
Spain's market regulator has issued a 4.5 million euro ($5.11 million) fine to Banco Santander SA (SAN.MC), according to a Spanish government report published Tuesday.
The regulator, known by its Spanish initials CNMV, approved the fine in September.
It said it was sanctioning Santander over a failure to act in its customers' best interests and over the receipt of unlawful incentives.
The offences constitute a "serious infraction" of Spanish investor-protection laws, the CNMV said.
Santander can challenge the fine in Spain's national court.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
November 27, 2018 06:18 ET (11:18 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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