MADRID Nov 17 The euro zone's biggest bank,
Santander, plans to invest in Spain's bad bank, a
company spokesman said on Saturday.
"The bank plans on investing in the bad bank," the spokesman
Spain has set up the bad bank to siphon off toxic real
estate assets dating from a 2008 property crash from bank
balance sheets as a condition of receiving up to 100 billion
euros ($127 billion) of aid in a European bail-out of the
An Economy Ministry source said on Friday the bad bank could
go ahead with just domestic participation but non-resident
investors would give the vehicle credibility.