Thursday, May 17, 2012

Bankia's deposits fall by a billion in a week

A Spanish bond auction is presently taking the main attention of the markets, but this report on that from Bloomberg has this paragraph:

Investors are also concerned over Spain's banking sector, which is struggling with bad property loans. Clients of troubled Spanish bank Bankia, nationalised last week, have withdrawn more than 1 billion euros since last Wednesday, El Mundo newspaper said.



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