Bankia closes with markets at their worst
Bankia closed books for a Eu3.09bn-Eu3.4bn IPO on Monday after earlier cutting the price during an exceptionally difficult trading day for European financial institutions as Spanish and Italian debt came under renewed pressure and Friday’s stress test results did little for sentiment.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts