CÓRDOBA, Spain—Catholic priest Fernando Cruz Conde carries a rare distinction: He is among the few bankers who paid a price for his role in the financial crisis.
Eight years ago, Spanish taxpayers bailed out a small bank controlled by the Spanish Catholic church after a real-estate binge came to a crashing halt. Regulators ousted Father Cruz Conde and Córdoba’s other banker-priests and slapped them with fines for their financial mismanagement.
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