Bank investors don’t like not getting bailed out. Now they’re worrying it could happen again… Read More Is Another Spanish Bank about to Bite the Dust?
Has the time finally come to test the EU’s bail-in law?… Read More Shock Waves Spread from Spain’s New Banking Crisis
“This sales process is atypical, as the seller itself cannot at this point make a rough calculation of what the value of the entity is, and if they can’t, neither can we.”… Read More Banco Popular’s Co-Co Bonds Plunge as Balance Sheet Chaos Revealed in Potential Forced Sale
“We probably have the best mortgage system in the world,” explained Francisco González, Executive Chairman of Spain’s second largest bank, BBVA, last week at the annual World Economic Forum in Davos. All seemingly said with a straight face.… Read More Spain’s Banks Openly Flout Law Like Never Before
More bad news for a bank that continues to drown in its own toxic soup eight years after the burst of Spain’s mind-boggling real estate bubble.… Read More UBS Warns: Spain’s “Most Italian Bank” Runs Out of Options
Short-sellers have a field day with Spain’s “Most Italian Bank”… Read More Crunch Time for “Zombie Bank… on Brink of Collapse”
Despite receiving some of the most generous public subsidies in recorded history, Europe’s financial sector continues to hemorrhage.… Read More Another European Bank Becomes a Penny Stock