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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.
Snap takes advantage of recent stock surge to sell convertible debt
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Snap’s stock pulled back Wednesday after the parent of the video-messaging
app Snapchat planned to take advantage of the recent runup in its stock
price to...
27 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.