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Bankia and BFA merger not on the table for now: chairman

Source: Hartford Courant

MADRID (Reuters) - Bankia's chairman said on Saturday that a merger of the troubled bank with its parent group BFA was not on the table for now. The two entities asked for a 19 billion euro ($23.77 billion) state bailout on Friday to cope with possible r ...
Full article at: Hartford Courant  More like this  3 hours ago

Bankia preference shares not to be converted into capital - chairman

Source: Hartford Courant

MADRID (Reuters) - Bankia's chairman Jose Ignacio Goirigoizarri said on Saturday he did not envisage converting about 4 billion euros ($5.00 billion)in preference shares held by investors into capital. "We don't envisage that the solution around ...
Full article at: Hartford Courant  More like this  3 hours ago

Bankia says it could sell Spanish company stakes

Source: Hartford Courant

A man shouts slogans during a protest outside headquarters of Spain's fourth largest bank Bankia in Madrid (Sergio Perez Reuters, REUTERS / May 24, 2012) MADRID (Reuters) - Spain's Bankia said on Saturday that it could sell its stakes in Spanish compani ...
Full article at: Hartford Courant  More like this  4 hours ago

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