Bankia Plans To Postpone Listing
Bankia is planning to delay its planned initial public offering.
June 13, 2011
Mexico’s Su Casita To Swap $632M Debt
Mexican mortgage lender, Hipotecaria Su Casita, has unveiled a debt restructuring of about $632 million.
April 19, 2011
New Spanish Lender To Form Bad Bank
Bankia, the new retail Spanish bank made up of Caja Madrid and six other savings banks, is creating a bad bank to hold toxic assets to make its listing later this year more attractive, reports Financial Times.
April 7, 2011
Caja Madrid Sells €188M Mapfre Stake
Caja Madrid will get €188 million from Spanish insurance company, Mapfre, from the dissolution of their cross-shareholding pact.
March 29, 2011
Santander Names Third Party Funds Head
Santander Asset Management has appointed José Martínez-Sanjuán as new head of third party funds.
March 16, 2011
Spain Raises €4B In Bond Sale
Spain has raised a total of €4 billion in a bond sale.
March 8, 2011
Banco Financiero Earmarks €9.2B
Banco Financiero y de Ahorros is planning to reserve about €9.2 billion to cover loan losses and write down the value of its real-estate holdings.
January 31, 2011
Cajas Merge To Form New Retail Bank
Caja Madrid, along with six smaller Spanish savings banks, will combine their units to set up a new joint company.
January 30, 2011