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News 2026-09-15 12:07 UTC

Santander wins UK appeal over $912 million AXA US PPI ruling

Santander BME:SAN won its appeal on Tuesday against a London court ruling that had ordered it to pay about £677 million ($912 million) to French insurer AXA EURONEXT:CS for costs arising from the mis-selling of payment protection insurance in the U.S.London's Court of Appeal overturned a High Court…