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Grouped Articles
Spain Launches Privatization of Bankia
Wall Street Journal 02/28/2014
What Spain owes the ejected Mariano Rajoy
The Economist 06/11/2018
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.
Grouped Articles
Spanish Banks More Vulnerable Than Italy's
Wall Street Journal 07/13/2011
Investors in Bankia to Sue Bank of Spain Over Losses
New York Times 05/09/2013
Spain's banks: Two cheers, three tiers
Economist 10/02/2010
Spain's Bankia Returns to Profit
Wall Street Journal 02/04/2014
Spain Launches Privatization of Bankia
Wall Street Journal 02/28/2014
A Former IMF Leader Tackles IPO Challenge
Wall Street Journal 06/08/2011
Efforts to recapitalize Spain's savings banks.
Grouped Articles
Spanish Banks More Vulnerable Than Italy's
Wall Street Journal 07/13/2011
Investors in Bankia to Sue Bank of Spain Over Losses
New York Times 05/09/2013
Spain's Bankia Returns to Profit
Wall Street Journal 02/04/2014
Spain Launches Privatization of Bankia
Wall Street Journal 02/28/2014
A Former IMF Leader Tackles IPO Challenge
Wall Street Journal 06/08/2011
In Spanish, Bankia Starts Wooing IPO Investors
Wall Street Journal 07/01/2011
Shares of Bankia reached 1.31 euros in Jan 2014. The government valued each share of Bankia at 1.35 euros at the time of the government bailout of Bankia. The government has till 2017 to sell its 68% stake in Bankia under the eurozone banking bailout. Much remains to be done to complete restructuring of the bank including recovering losses in a separate "bad" bank. Shares of Bankia were up 65% since Sept. 2013.
Grouped Articles
Spain's Bankia Returns to Profit
Wall Street Journal 02/04/2014
Rodrigo Rato Resigns as Executive Chairman of Bankia
New York Times 05/07/2012
Spain Launches Privatization of Bankia
Wall Street Journal 02/28/2014
What Spain owes the ejected Mariano Rajoy
The Economist 06/11/2018
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