It’s not looking good for the Spanish banking system. Standard & Poor’s just slashed the credit ratings of five banks and said the country is headed into a double-dip recession. One of them, Bankia, just asked the government for 19 billion euros in aid - a roughly $23.8 billion boost.

Topics:  it&rsquo   standard   poor&rsquo   bankia   banks   billion euros in aid   
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  • Spain, Cyprus Downgraded
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  • Spain Seeks $125 Billion Bailout as Bank Crisis Worsens
    Fitch Ratings downgraded Spain to BBB, within two steps of non-investment grade, on June 7 and said the cost to the state of shoring up banks may amount to as much as 100 billion euros in the worst ... “When Bankia got into trouble and they had to ...
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    Under pressure to bolster the balance sheets, three Spanish savings banks -- Ibercaja, Liberbank and Caja3 -- announced they would vote on a merger later in the day. Another lender, Banco Popular, whose long-term debt was downgraded Friday to junk-bond ...
    05/28/2012 - 8:50 pm | View Link
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  • Bankia
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  • :: 아이패스에 오신것을 환영합니다.
    공지사항 리스트; 1: cheap ray ban sunglasses: 2016.04.27 04:45:29 : With you (not that I truly would need . You undoubtedly put a brand new spin on a subject ...
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    Coverage of six banks and five insurance companies at Canaccord Genuity, many of them ranking in the top 20 companies by market cap, had to be briefly halted because ...
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