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 ...
MADRID – 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, ...
MADRID – Bailed-out Bankia on Thursday posted a full-year net loss of €19.2 billion ($25.2 billion), the biggest ever suffered by a Spanish company, after the lender cleaned up its balance sheets of ...
(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 ...
As shares in Bankia slid further away from their listing price on Wednesday, questions were being asked about the wisdom of having created and floated the Spanish lender in the first place. Billed as ...
MADRID (Reuters) - Spain's state-controlled Bankia (BKIA.MC) on Tuesday said it would return 2.5 billion euros (2.21 billion pounds) of excess capital to shareholders over the next three years in an ...
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Simply sign up to the FT Alphaville myFT Digest -- delivered directly to your inbox. (What’s Spanish for GUBU again? H/T Conor Cruise O’Brien and Nomura’s Daragh Quinn). And news of that bailout, ...
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 ...
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 ...