BRIEF-Former adviser to Banco Santander CEO indicted in U.S. for insider trading

Tue Feb 3, 2015 1:51pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Feb 3 (Reuters) - * U.S. says cedric cañas maillard, a former bank adviser, has been indicted for

insider trading * Cañas, a former adviser to Banco Santander SA chief executive, is

accused of trading based on information gained through his employment * Cañas was accused of insider trading over the planned acquisition of Potash

Corporation of Saskatchewan Inc by BHP Billiton PLC * U.S. attorney preet bharara in Manhattan says cañas' trades resulted in more

than $917,000 of illegal profit * Cañas, a Spanish citizen, has not been arrested, and has been charged with

two counts of securities fraud