New Santander Links Emerge to First Brands Bankruptcy and Ex-CEO

The exposure of Banco Santander SA to the First Brands Group bankruptcy and its former chief executive officer, Patrick James, is bigger than previously known and includes a company in...

By Jorge Zuloaga, Libby Cherry · Bloomberg Markets

The exposure of Banco Santander SA to the First Brands Group bankruptcy and its former chief executive officer, Patrick James, is bigger than previously known and includes a company in France and a loan facility in Mexico and Brazil.