Date: 5th October 2016
Author:
Type: In the news
Bankia’s debt holders comprising tens of thousands of retail clients will face a writedown of between 46 and 14 per cent as part of a restructering and burden sharing "demanded by Brussels in return for a capital injection that Spain’s fourth-largest lender is set to receive from the EU’s permanent rescue fund".
Read the full article here. (Source: Financial Times)