Consultancy says Spain's banks could need 60 billion euros
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Consultancy says Spain's banks could need 60 billion euros

Madrid : Spain | Oct 01, 2012 at 9:42 AM PDT
Source: Canadian Free Press
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A long awaited independent audit result released following Friday's European financial markets close has reported that consultancy Oliver Wyman has said Spain's fourteen main banks collectively would need 59.3 billion euros in new capital in an adverse scenario' where during the three year period... FULL ARTICLE AT Canadian Free Press
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Spain has about 30 billion euros ($38 billion) in repayments looming in October
Spain has about 30 billion euros ($38 billion) in repayments looming in October
 
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