Published on May,17 2012 - by The Daily Telegraph
Moody's has cut the ratings of 16 Spanish banks, and Santander UK. Here is the rating agency's statement in full. Moody's Investors Service has today downgraded by one to three notches the long-term debt and deposit ...
Published on May,17 2012 - by Agence France Presse
Shares in Bankia, taken over by the Spanish state because of a mass of bad loans, plunged Thursday after a report that clients had withdrawn over one billion euros in the past week.The bank, Spain's fourth-largest, and ...
Published on May,17 2012 - by Bloomberg
(Updates with deputy economy minister’s comment in fifth paragraph.) May 17 (Bloomberg) -- Bankia SA, the publicly traded arm of the lender taken over by Spain’s government this month, plans to sell and lease back 400 ...
Published on May,17 2012 - by Bloomberg
(Updates with share price in fifth paragraph.) May 17 (Bloomberg) -- Bankia SA, the publicly traded arm of the lender taken over by the government earlier this month, plans to sell and lease back 400 million euros ($508 ...
Published on May,16 2012 - by Reuters
MADRID (Reuters) - Troubled Spanish bank Bankia <BKIA.MC> delayed publishing first quarter results on Wednesday, stoking fears over the scale of losses at the newly nationalized lender and sending shares down 10 ...
Published on May,10 2012 - by Bloomberg
May 10 (Bloomberg) -- European stocks rose, erasing an earlier decline, as companies from Deutsche Telekom AG to Repsol YPF SA posted better-than-estimated quarterly profit. Deutsche Telekom AG gained 3.5 percent and ...
Published on May,10 2012 - by Bloomberg
May 10 (Bloomberg) -- European stocks fell for a third day as chemical makers dropped and former Greek Finance Minister Evangelos Venizelos attempted to form a coalition government. U.S. index futures and Asian shares ...
Published on May,10 2012 - by Agence France Presse
Spain stamped out immediate fears of a banking catastrophe Thursday by nationalising its fourth-largest listed bank, Bankia, and salvaging its balance sheet, strewn with red ink.Bankia's stock slumped but the rest of the ...
Published on May,10 2012 - by Bloomberg
May 10 (Bloomberg) -- European stocks erased gains, following a two-day decline for the benchmark Stoxx Europe 600 Index, as food and beverage companies dropped. U.S. index futures and Asian shares were little changed ...
Published on May,10 2012 - by Bloomberg
(Updates with shares in fifth paragraph, bonds in sixth.) May 10 (Bloomberg) -- Spain said it would take over Bankia SA and prepared to inject public funds into the banking group with the most Spanish real estate as ...