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Tag Results for "Bfa Bankia"

Audit Shows Spanish Banks Need $76 Billion, Banks Only Asking For $40 Billion Bailout

Spain's troubled banks need roughly 59.3 billion euros ($76.3 billion) to shore up their finances, according to the results of an independent audit released Friday. continue reading »

Spanish Bank Requests $23.77 Billion Bailout and Admits to Lying About 2011 Profits

Spain's fourth-largest financial institution said Friday that it needs an additional 19 billion euros ($23.77 billion) from the government to boost loss provisions. continue reading »