Bankia Posts Record Loss
MADRID—Bankia SA on Thursday reported a net loss of €19.06 billion ($25.04 billion) for 2012, by far the largest in Spanish corporate history, after the bailed-out lender cleaned its balance sheet of soured property loans and other loss-making activities.
The Madrid-based bank had warned of the massive loss in November last year, when ...
Bankia Posts Record Loss
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