Skip navigation

Mass sell-off in Spain's Bankia hit small investors

MADRID (Reuters) - Small investors in shares of in Spain's nationalized lender Bankia suffered new massive losses on Thursday as the stock plunged by more than 50 percent amid an abnormally high volume of trading which the stock market regulator said would be looked at closely. Full story

Bankia compensation qualms signal loss of faith in Spain's banks

MADRID (Reuters) - Many duped savers at Spanish lender Bankia <BKIA.MC> are shunning a state-supervised compensation scheme in favor of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking system. Full story

Hunt for those at fault for Spain's bank crisis gains pace

MADRID (Reuters) - The arrest of a prominent former Spanish banker is raising hopes among campaigners that the hunt for those responsible for the problems inherited by Bankia <BKIA.MC> and other failed lenders will deliver results. Full story

Spain banks' cleanup to enter new phase as 'delay and pray' ends

MADRID (Reuters) - Spain's banking sector clean-up is about to enter a decisive new phase, with new rules forcing lenders to recognize yet more bad debts widely expected to be toughened up as time goes on. Full story

Spanish court calls top bank chairmen in Bankia probe

MADRID (Reuters) - A Spanish court has called the chairmen of the country's top three banks to testify as witnesses in an investigation into the 2011 initial public offering of lender Bankia <BKIA.MC>, which later had to be bailed out by the taxpayer. Full story

Repriced shares in Spain's Bankia see-saw after consolidation

MADRID (Reuters) - Repriced shares in Spain's nationalized lender Bankia <BKIA.MC> see-sawed at the open on Monday, falling by as much as 9 percent and rising by as much as 6 percent as they begin what will be a dramatic adjustment over the coming month. Full story

Sponsored Links

Articles

Banks line up to bid on City National: sources

EU wants bare minimum share price for Spain's Bankia: source

Insight: In Spain, banks buck calls for mortgage law reform

Spain's Bankia hires Rothschild to sell company stakes

Spain's Bankia shares fall 22 percent as big dilution looms

Spain's bankers to strike as job cuts loom

Stung Bankia investors look to courts for justice

Long-suffering Bankia shareholders set for more losses

Spain should take its time to sell Bankia stake: chairman

Spain to overhaul rescued banks as condition of aid

Related Photos

Junior debt holder of Bankia holds up a garbage bag with a sign on it that reads, "Bankia's shares 0 Euros", during a protest outside the Stock Exchange in Barcelona
Junior debt holder of Bankia holds up a garbage bag with a sign on it that reads, "Bankia's shares 0 Euros", during a protest outside the Stock Exchange in Barcelona

A junior debt holder of Bankia holds up a garbage bag with a sign on it that reads, "Bankia's shares 0 Euros", during a protest outside the Stock Exchange in Barcelona May 23, 2013. Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favour of expensive

Junior debt holders of Bankia take part in a protest outside the Stock Exchange in central Barcelona
Junior debt holders of Bankia take part in a protest outside the Stock Exchange in central Barcelona

Junior debt holders of Bankia take part in a protest outside the Stock Exchange in central Barcelona May 23, 2013. The the signs read in Catalan, "Not to be shareholders, forced by Bankia".        REUTERS/Gustau Nacarino (SPAIN - Tags: CIVIL UNREST BUSINESS)

Junior debt holder of Bankia takes part in a protest outside the Stock Exchange in central Barcelona
Junior debt holder of Bankia takes part in a protest outside the Stock Exchange in central Barcelona

A junior debt holder of Bankia takes part in a protest outside the Stock Exchange in central Barcelona May 23, 2013. The sign reads in Catalan, "Not to be shareholders, forced by Bankia" and the banner reads, "Bankia thieves".        REUTERS/Gustau Nacarino  

Junior debt holder of Bankia blows a toy horn while ringing a cowbell during a protest outside the Stock Exchange in Madrid
Junior debt holder of Bankia blows a toy horn while ringing a cowbell during a protest outside the Stock Exchange in Madrid

A junior debt holder of Bankia blows a toy horn while ringing a cowbell during a protest outside the Stock Exchange in Madrid May 23, 2013. Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favour of expensive lawsuits, prolonging a mis-selling scandal

Bankia's junior debt holders blow toy horns and shout slogans as they protest outside the Stock Exchange in Madrid
Bankia's junior debt holders blow toy horns and shout slogans as they protest outside the Stock Exchange in Madrid

Bankia's junior debt holders blow toy horns and shout slogans as they protest outside the Stock Exchange in Madrid May 23, 2013. Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favour of expensive lawsuits, prolonging a mis-selling scandal and compli