Santander's exposure to failed lender MFS is over $267 million, Bloomberg News reports
Santander's exposure to failed lender MFS is over $267 million, Bloomberg News reports is drawing significant interest across the industry.
Banco Santander is owed between 200 ?million pounds ($267 million) and 300 million ?pounds by a company tied to Market Financial Solutions, a UK mortgage lender that ?collapsed last week, Bloomberg News ?reported on Wednesday, citing a person ?familiar with the matter.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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