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  • Santander's property hangover

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Santander's property hangover

The euro zone's biggest bank Santander has reported a sharp drop in annual profit after it set aside money to cover foreclosed Spanish property, anticipating government demands for lenders to recognise losses in the sector.

Reuters | January 31, 2012Watch more videos from Reuters

Tags:. .World News. .foreclosed. .hangover. .santander. .lenders