HALISTER: Spanish Banks Lose EU Case Over Mortgage Interest Repayments

Spanish Banks Lose EU Case Over Mortgage Interest Repayments

(Bloomberg) -- Spanish banks, including Banco Popular Espanol SA and Banco Bilbao Vizcaya Argentaria SA may have to give back billions of euros to mortgage customers after a ruling by the European Union’s top court.
  • Borrowers who paid too much interest on home loans prior to a May 2013 Spanish ruling on so-called mortgage floors are entitled to a refund, judges at the EU Court of Justice ruled in Luxembourg Wednesday
  • EU court says time limit on refunds is illegal
  • SEE: Spanish Banks Surge as Fears Subside Over EU Mortgage Ruling Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
POP SM (Banco Popular Espanol SA)
SAB SM (Banco de Sabadell SA)
CABK SM (CaixaBank SA)
LBK SM (Liberbank SA)
BBVA SM (Banco Bilbao Vizcaya Argentaria SA)

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UUID: 7947283

HALISTER1: Ex-BSI Banker Yeo Jiawei Convicted in Singapore 1MDB-Linked Case

Ex-BSI Banker Yeo Jiawei Convicted in Singapore 1MDB-Linked Case

Alert: HALISTER1
Source: BN (Bloomberg News)

Tickers
0206021D MK (1Malaysia Development Bhd)

People
Low Taek Jho (Jynwel Capital Ltd)
Yak Yew (BSI Bank Ltd)
Yeo Jiawei (BSI Bank Ltd)

Topics
Criminal Practice & Procedure
Evidence

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UUID: 7947283

HALISTER: Coca-Cola Pays $3.15b for AB InBev’s Stake in Africa Operations

Coca-Cola Pays $3.15b for AB InBev’s Stake in Africa Operations

(Bloomberg) -- Coca-Cola agreed to pay $3.15b for AB InBev’s 54.5% for stake in Coca-Cola Beverages Africa, co. says in statement Wednesday
  • The African operations include South Africa, Namibia, Kenya, Uganda, Tanzania, Ethiopia, Mozambique, Ghana, Mayotte and Comoros
Link to Statement:Link Story Link:NSN OIIUBK6S9729
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
KO US (Coca-Cola Co/The)
ABI BB (Anheuser-Busch InBev SA/NV)

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UUID: 7947283