Entries tagged "Bankia SA"

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EU lenders boost capital by more than required

The amount raised by 27 banks surpasses the €76 billion shortfall identified last December by the European Banking Authority Continue reading

Posted on July 11, 2012 3:21 PM

Adrift on a sea of bad debt

As the financial crisis hit in 2008, Madrid engaged in some vigorous denial of reality. The result is a hobbled banking sector Continue reading

Posted on June 11, 2012 2:42 PM

Spain prepares $11.4B Bankia bailout

Economy Minister de Guindos insists the lender is an isolated case. Continue reading

Posted on May 24, 2012 4:30 PM

Spain will nationalize Bankia

Prime Minister Rajoy abandons opposition to new banking bailouts after investors mark down Spanish debt and equities. Continue reading

Posted on May 10, 2012 10:56 AM

EC calls for overhaul of state aid rules

Brussels regulators look to focus enforcement resources on the most important cases. An efficient EU state aid regime could help foster economic growth Continue reading

Posted on May 8, 2012 10:45 AM

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