Spain's Bankia eyes stake sales after record bailout

Spain's Bankia loses 19.2bn euros

Spain's troubled Bankia - formed of the merger of seven savings banks - has made a record loss despite being bailed out with 18bn euros.

bbci.co.uk (2 months and 20 days ago)

Losses Set for Bankia Holders

Shareholders in Bankia will be nearly wiped out and its junior bondholders will lose about 30% of their original investment in the restructuring plan for Spain's largest ailing bank, the country's bailout fund said.

wsj.com (1 month and 25 days ago)

Bankia investors to absorb heavy losses

Spain’s bank bailout fund warns of significant losses for Bankia shareholders as part of the European Union–financed cleanup of the nationalized lender.

marketwatch.com (3 months and 3 days ago)

Spain's Bankia Posts Record $25.2 Billion Loss

Spain's Bankia on Thursday posted a net loss of $25.2 billion for 2012.

cnbc.com (2 months and 20 days ago)

Bankia's Record Loss Amid Spanish Recession

As Spain received word that its recession had deepened, Bankia confirmed a record loss for a company in the troubled euro nation.

sky.com (2 months and 20 days ago)

Bankia Shareholders Face Losses

Spain's bank bailout fund has warned of significant losses for Bankia shareholders as part of the European Union-financed cleanup of the nationalized lender.

wsj.com (3 months and 3 days ago)

Qatar Eyes Bankia's Stake in British Air Parent

foxbusiness.com (10 days ago)

A Lesson In Magical European "Value Creation"

Behold a lesson in magical "value creation": SPAIN'S BANK RESCUE FUND TO VALUE BANKIA SHARES AT EUR 0.01 - As a reminder, Bankia is the recently broke bank that was created when it subsumed a bunch of other formerly broke banks. SPAIN BANK FUND AIMS FOR NOMINAL BANKIA SHARE VALUE OF EUR 1.00 SPAIN'S BANK RESCUE FUND TO DO REVERSE STOCK SPLIT OF BANKIA STOCK SPAIN BANK RESCUE...

zerohedge.com (1 month and 25 days ago)

Spain's bailed-out Bankia posts £16bn losses

Spain's bailed-out Bankia has posted a full-year net loss of 19.2 billion euro (£16.4 billion), the biggest ever suffered by a Spanish company, after the lender cleaned up its balance sheets of bad property loans and other risky investments.

independent.co.uk (2 months and 20 days ago)

Bankia Protestors Use Disruption Tactics

A protest with a difference. Demonstrators used social media to coordinate action at branches of Spain's Bankia bank.

palmbeachpost.com (9 days ago)