Bank mergers solve the debt crisis. At least that is the strongly held view in Madrid, where Spanish prime minister Mariano Rajoy is considering yet another rescue, this time involving a possible merger of Ibercaja with rivals Liberbank and Caja3. It follows a longstanding policy, established by the previous socialist administration, that smashing together almost…
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Standard & Poor’s downgrades top Spanish banks
by Newswires • • 0 Comments
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