As in the case of the sale of preferred shares, and other products sold by banks to their customers, today we would like to speak about another toxic product, marketed by a Spanish bank: Mandatory Subordinate Bonds Convertible into Banco Popular Shares (BO POPULAR CAPITAL). These bonds issued by Banco Popular, are an extremely complex […]
Claims against banks for the sale of preference shares and complex financial products.
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As previously noted, individuals and also companies affected by a mortgage floor interest clause, or by the purchase of preference shares, or Bankia shares on its IPO, or etc., can, in most cases, successfully claim against banks. All such legal actions, whilst not identical, have many similarities with each other, usually they contain the possibility […]
Following on from last week’s article, we at White Baos Lawyers are proud to be able to say that up to now, we have won 100% of our claims on behalf of our clients against Bankia, for their IPO and shares sale in 2011. It is very gratifying to see that the Spanish courts understand […]