(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 ...
Spanish savers and pensioners who have seen their money wiped out by investing in state-rescued lender Bankia are likely to seek redress in court rather than wait for any official inquiry, which looks ...
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 ...
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 ...
One of the biggest risk Bankia, S.A. (BME:BKIA) faces as a bank is bad loans, also known as credit risk. As a small cap stock in the heavily regulated financial services sector, its stock has many ...
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