Banco Santander wins $299m court case

A UK judge ruled in favour of Banco Santander Totta last Friday in its bid to collect over $299m from four Portuguese transit firms over a series of interest rate swaps decided upon prior to the financial crisis.

By Melissa Lipman (March 4, 2016, 8:51 PM GMT) -- A U.K. judge sided with Banco Santander Totta Friday in its bid to collect more than €272 million ($299 million) from four Portuguese transit companies over a series of interest rate swaps inked before the financial crisis....

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