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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on June 19, 2025

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    MADRID (Reuters) -Spain's Supreme Court has ruled that the descendants of dictator Francisco Franco must return two valuable Romanesque statues to the northwestern city of Santiago de Compostela, according to a court statement released on Thursday.

    The statues were once part of the 12th-century "Door of Glory", a portico marking the entrance to Santiago's cathedral, which is widely considered a masterpiece of mediaeval art and which is where the famed pilgrim Camino (Way) ends.

    The works were removed during restoration works on the cathedral's facade and purchased by the city in 1948.

    Franco's wife, Carmen Polo, expressed interest in them during a 1952 visit to the city, after which they were sent to the Meiras palace - the dictator's summer residence.

    "Motivated by a desire to please the wife of the head of state", Santiago's then-mayor facilitated their transfer to Meiras, the ruling said.

    The court decided that despite Franco's family possessing the statues for a long time, they still belonged to the city of Santiago.

    Franco's descendants argued that the purchase by the city was never completed and claimed the statues were acquired through an antiquarian, citing an oral account passed down within the family.

    Francis Franco, the dictator's grandson, did not reply to a request for comment when contacted by Reuters.

    Franco rose to power through a military coup against the Republican government in July 1936 and ruled the country for almost 40 years, until his death in 1975. Fifty years later, his legacy still divides Spanish society.

    (Reporting by Emma PinedoEditing by Frances Kerry)

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