(MoneyWatch) Bankia, Spain's 4th largest bank, suspended trading in its stock today as it waits to see if Madrid will be able to come up with more than $23 billion in bailout funds. This action, along ...
MADRID Bailed-out Bankia on Thursday posted a full-year net loss of 19.2 billion euro ($25.2 billion), the biggest ever suffered by a Spanish company, after the lender cleaned up its balance sheets of ...
MADRID (AP) -- Shares in Bankia, the bailed-out Spanish bank, lost almost a fifth of their value Thursday after officials with the nation's bank bailout fund said the nationalized institution was ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The consolidation of the Spanish banking sector continues apace, after state-controlled Bankia agreed to take ...
Bankia, which has become a symbol of Spain's banking collapse, said the losses were in line with its expectations after the Spanish government nationalised it in May. In December it received 18 ...
The embattled Spanish government has begun the process of financial sector reform via the nationalization of BFA, which indirectly means the government has taken a 45% stake in a publicly traded ...
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