Spain May Buy Stakes To Boost Banks

The Spanish government may acquire stakes in some of the savings banks in order to boost their capital bases.

  • 16 Jun 2009
The Spanish government may acquire stakes in some of the savings banks in order to boost their capital bases. Elena Salgado, the country’s finance minister, said the government would use some money in a €9 billion ($12.46 billion) rescue fund to buy securities and would remain a part ...

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1 Citi 3,691 11 20.69
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 8.77

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