Spain pushes for domestic Bankia merger

Article reported that Spain’s new government was pressing in January 2012 for Bankia, a group of savings banks listed in 2011, to seek a merger with another Spanish bank in a deal that would create the country’s largest domestic lender by assets if it materialised.

ESO: Background information: Spain’s leading lenders resist ‘bad bank’ plan http://www.europeansources.info/record/spains-leading-lenders-resist-bad-bank-plan/

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