Spain's market regulator has suspended trading of shares in bailed-out lender Bankia ahead of a board meeting of the bank that is expected to decide on the amount of money it needs from the government.
Spain's market regulator suspended trading of shares in bailed-out lender Bankia on Friday ahead of a key board meeting at which the lender is expected to decide how much more rescue money it needs from the government.
Inquiring minds are interested in the recapitalization plans for the Bankia. Please consider this chain of posts.
ABC News reports Spain's Bankia set for massive bailout.
Spain's fourth-biggest bank Bankia says it is certain of securing the 19 billion euros ($24 billion) in state aid it is seeking in the largest bank bailout in the country's history.