Saving banks clean-up fuels Spain bailout fears | Reuters: "Spain's ailing savings banks, struggling to attract fresh investment capital after an overhaul, could become the Achilles heel that forces the country down the same path to a financial bailout as Ireland.
Under new rules the unlisted regional banks, or 'cajas', may sell up to half their equity to private investors -- a key plank of a government scheme to reform a banking system that analysts say needs tens of billions of dollars of fresh capital."
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Under new rules the unlisted regional banks, or 'cajas', may sell up to half their equity to private investors -- a key plank of a government scheme to reform a banking system that analysts say needs tens of billions of dollars of fresh capital."
:Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.
