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Spanish Banks Add to Cushion

Wall Street Journal Original article ›

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Spain's Bankia bank

10/02/2010

The consolidation of a number of Spanish savings banks under government direction led to the creation of Bankia, Spain's third largest bank. Efforts to recapitalize these banks which have large accumulated large debt from the real estate boom is part of the Spanish government's effort to tackle the debt crisis facing Spain. Rodrigo Rato, a former finance minister and managing director of the IMF, heads Bankia and the effort to restore confidence in Spain's banking system.

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Spanish Banks More Vulnerable Than Italy's

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Investors in Bankia to Sue Bank of Spain Over Losses

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Spain's banks: Two cheers, three tiers

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Spain's Bankia Returns to Profit

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Spain Launches Privatization of Bankia

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A Former IMF Leader Tackles IPO Challenge

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Spain's banks and housing construction in 2011-2012

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Continued construction in housing suported by Spanish banks in 2011-2012. This is happening when a huge inventory of residential units estimated by some analysts at over 1 million remains unsold. It could further dampen home prices.

Grouped Articles

The Pain in Spain Falls Mainly on the Cajas

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Spain's banks: Two cheers, three tiers

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Spain's Bankia Returns to Profit

Wall Street Journal 02/04/2014

Spanish Banks Try to Build Their Way Out of Home Glut

Wall Street Journal 01/11/2012

Spain Spells Out Latest Plan to Bolster Health of Lenders

Wall Street Journal 02/03/2012

Spanish Banks Add to Cushion

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Spain's cleanup of bad bank assets under prime minister Rajoy in 2012-2013

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Grouped Articles

The Spanish Reform Model

Wall Street Journal 09/28/2011

Spain Emerges From Recession but Sees More Austerity Ahead

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Spain Weighing a Fast, Costly Cleanup of Banks

Wall Street Journal 12/07/2011

Why European Banks Are Sacrificing Growth

BusinessWeek 12/15/2011

Spain's Rajoy Takes Aim at Deficit

Wall Street Journal 12/20/2011

A Central Bank Doing What Central Banks Do

New York Times 12/21/2011


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