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Spain's Bankia seeks record bailout of €19 bn - Yahoo! News Singapore ;.. The government refused to comment on this possibility.
Prime Minister Mariano Rajoy's conservative government this month instructed Spain's banks to set aside an extra 30 billion euros in 2012 in case property-related loans go bad, on top of 53.8 billion euros required under reforms enacted in February.
Bankia's shares plummeted 7.43 percent on Thursday to close at 1.57 euros, taking total losses to more than 58 percent since their listing in July 2011.
Gold hits new high on rising uncertainty, while U.S. stock futures little
changed
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U.S. stock-market futures were flat Monday while gold futures hit a new
all-time high, amid uncertainty around the Fed’s independence and the Trump
adminis...
39 minutes ago
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The government refused to comment on this possibility.
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Bankia's shares plummeted 7.43 percent on Thursday to close at 1.57 euros, taking total losses to more than 58 percent since their listing in July 2011.