Bank Of Spain To Get New Powers

The Spanish government is said to be preparing to give the Bank of Spain more powers, including the ability to intervene more quickly to help troubled lenders and to take over banks even if they meet liquidity and solvency requirements.

  • 23 Aug 2012

The Spanish government is said to be preparing to give the Bank of Spain more powers, including the ability to intervene more quickly to help troubled lenders and to take over banks even if they meet liquidity and solvency requirements.

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