Spanish Lender Seeks State Aid; Ratings Cut On 5 Banks

Spain’s banking crisis got worse as Standard & Poor’s downgraded five of its banks and one of them, Bankia, said a bailout would cost far more than the government had estimated.

Topics:  standard    poor s   bankia   aid   banks   
BING NEWS:
  • Nassau County bond ratings get upgrades from three Wall Street credit rating agencies
    The Wall Street agencies cited healthy reserves and budget surpluses. But they also raised concerns about liabilities including $6 billion in health care benefits Nassau owes retirees.
    05/23/2024 - 12:26 pm | View Link
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