The indiscretion was confirmed by Bankia, which however specified that there is no agreement - The two titles are flying on the Madrid Stock Exchange - The first Spanish group would be born, ahead of Santander.
The institution, rescued by Madrid in 2012, bought BMN (Banco Mare Nostrum), a small Spanish regional bank
The EU accounting judges argue that the tests of the European Banking Authority, due to serious methodological shortcomings, "could not identify the problems of those European banks that would later need to be bailed out".
The Spanish bank nationalized in December 2012 recorded a net profit of 2013 million euros in the third quarter of 161, compared to a net loss of 2,6 billion euros in the same period of the previous year.
The Spanish bank also confirmed its bailout plan: the elimination of almost one in four jobs in the current staff, and the closure of more than a third of the branches.
The action of the group involved in the scandal continues to lose - In Madrid, the list that loses the most in Europe today, Bankia collapses: the bank's shareholders will be drastically diluted by the capital increase necessary to keep it standing - Influence…
The financial crisis has reduced the profitability and margins of banks, partly guilty of irresponsibly riding the wave of creative finance, but also afflicted by a productivity deficit and technological innovation that make them, especially in the case…
The European Commission has approved the restructuring plans of Bankia, Ngc Banco, Banco de Valencia and Catalunya Banc, giving the green light to a 37 billion euro intervention - The aid package is provided by the EFSF fund,…
This is what the Iberian economic newspaper Expansion reports: Spain's fourth largest bank is said to be almost doubling the negative result of the whole of 2011, when it lost 3 billion euros.
A spokesman for the Spanish Ministry of Economy announces that Madrid is about to ask for the payment of a first tranche of the 100 billion aid package made available by the Eurogroup - The first institution to receive funds will be Bankia - In…
Sources from the European Commission confirmed that a first tranche of aid could be sent sooner than expected to the Government of Madrid in the event that "a Spanish bank cannot wait for the first disbursement expected in November".
The Spanish bank bailout fund has announced that "private investors will also have to participate in the recovery costs" - Frob's statement immediately triggered a wave of sales on the title, which lost up to 27%.
The Spanish banking sector, as established in the memorandum, will begin to receive part of the 100 billion euros granted by Brussels - According to what was reported by the El Pais newspaper, the first tranche will be paid in the next few days - Meanwhile, S&P has…
Draghi should cut rates by a quarter of a point, bringing them from 1% to 0,75%, the historic minimum - Piazza Affari is starting well - Meanwhile Merkel and Monti find full harmony at the Rome summit - After Diamond, overwhelmed by…
The Minister for European Affairs, Enzo Moavero Milanesi, said today in Brussels: "It is being discussed, but there are legal issues" - In fact, the guidelines of the State-saving Fund are very clear on the fact that…
Spanish football has a total debt of 5 billion, of which one with the State for "subsidised" taxes, and 4 with the banks of the Bankia pool, recently nationalized and about to ask Europe for help for a hole…
The Wall Street Journal spoke of a plan to help Madrid in the event that the Rajoy government fails to find the 19 billion euros needed to save Bankia, the country's fourth largest bank, on the market.
The promises of the ECB president to intervene against the flight from European bank deposits and in favor of the recapitalization of the banks ignite the markets but the new American macro data immediately slow down the stock exchanges - Brussels asks for clarifications from…
Yesterday the Group's board of directors announced the 2011 results: a consolidated loss of 4,95 billion and toxic assets linked to the real estate sector over 40 billion - But only the Bfa, which owns most of…
Government sources quoted by the newspaper El Pais let it be known that the Spanish Executive could recapitalize Bankia through the contribution of government bonds that could be used as collateral to receive loans from the ECB - Spread between Bonos and Bund to…
The Bankia bailout will cost the Spaniards more than 20 billion euros, which adds up to those (heavy) already invested in other entities that would have been better off bankrupt - The crisis in Catalonia demonstrates the failure of Spanish federalism,…
