Spain will pump $24 billion into troubled lender Bankia, effectively nationalizing the country's third-largest bank in a dramatic effort to assuage concerns about the stability of its financial sector.
WSJ.com: What's News US, Wall Street Journal
Sun, 05/27/2012 - 1:38pm
Spain will pump $24 billion into troubled lender Bankia, effectively nationalizing the country's third-largest bank in a dramatic effort to assuage concerns about the stability of its financial sector.