Deposit Flight From European Banks Seen Eroding Common Currency

Deposit Flight From European Banks Seen Eroding Common Currency

Angel Navarrete/Bloomberg

Banco Santander SA, Spain’s largest bank, lost 6.3 percent of its domestic deposits in July, according to data published by the nation’s banking association. Savings at Banco Popular Espanol SA, the sixth-biggest, fell 9.5 percent the same month.