Spain To Bail Out Third-Largest Bank

The Spanish government has said it will bail out Bankia, the nation’s third-largest bank.

  • 08 May 2012

The Spanish government has said it will bail out Bankia, the nation’s third-largest bank. In a related development, Rodrigo Rato has stepped down as executive chairman of Bankia, which was formed two years ago out of a merger of seven Spanish savings banks.

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1 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78

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