Europe banks hold €988 billion in NPLs: IMF
Bank in Europe still hold "a very high" €988 billion ($1.17 trillion) in non-performing loans (NPLs) on their…
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Spanish banks
European stocks waver as Spanish banks slide, oil stocks rise
European stock markets wobbled on Thursday, with Spanish banks under pressure as Banco Popular Español SA plunged,…
Hosni Mubarak Treated In Cairo Hospital After Fall
Egypt's former President Hosni Mubarak has been treated in a military hospital after slipping and injuring his…
TEXT-Fitch:Stable Outlooks Dominate Global Bank Ratings In Q212
Fitch Ratings says that over 70% of Outlooks assigned to bank ratings globally are Stable. This considerable degree…
EU Approves Aid For Spain, Italy
Under pressure to prevent a catastrophic breakup of their single currency, euro zone leaders agreed on Friday to…
Moody’s Cuts Credit Ratings Of 28 Spanish Banks
Banco Santander SA (SAN) and Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s largest lenders, were downgraded by…
Spain Officially Requests European Aid
Spain formally requested on Monday European aid of up to 100 billion euros for its banks, the Economy Ministry said…
Spain Pays “Unreasonable” Interest Rates: PM Mariano Rajoy
Prime Minister Mariano Rajoy today said Spain is paying “unreasonable” interest rates because of the country’s high…
Dispute Arises Over Spain’s Banking Bailout
Spanish Prime Minister Mariano Rajoy on Wednesday defended the country's request for EUR100 billion ($125 billion)…
Spain Requests $125 Bln Bailout
Spain became the fourth euro member to seek a bailout since the start of the region’s debt crisis more than two…
Spanish Banks May Receive Aid On IMF’s Recommendations
Spain may today move closer to becoming the fourth euro-area nation to receive aid, as the International Monetary…
Spain Calls For A New Fiscal Authority
Spain on Saturday proposed the set up of a new fiscal authority in the euro zone which would control and harmonize…
Euro Nears Two-Year Low On Spain’sn Banks Concern
The euro fell to the lowest in almost two years against the dollar as the nation struggled to rescue its troubled…
Spain’s Banks In No Need For International Bailout: Mariano Rajoy
Spain's prime minister has insisted his country will not need an international rescue for its banks as investors…
Spain’s Bankia May Be Recapitalized By Govt. Bonds
Spain may recapitalize Bankia (BKIA.MC) with Spanish government bonds in return for shares in the bank which last…
Spain’s Bankia Says It Will Be On Solid Ground After Bailout
The president of troubled Bankia tried yesterday to calm fears about the future of the bank, saying Spain's second…
Fitch: Spanish Banks’ NPLs Surge
The reclassification of Spanish bank loans as non-performing following state intervention is the primary driver…
Moody’s Warns Spanish Banks Are Vulnerable
An effort by Spain to restore confidence in its financial system with measures including additional loss…
Spain Nationalizes Bankia To Overcome Crisis
Hoping to put an end to a four-year banking crisis, Spain's government effectively took over Bankia SA (BKIA.MC),…
Spain Banks’ Bad Loans Rise To 7.9%
Spanish banks' bad loans rose to 7.9 percent of their outstanding portfolios in January, up from 7.61 percent, and…