Statistically speaking, long term investing is a profitable endeavour. But no-one is immune from buying too high. Zooming in on an example, the Bankia, S.A. (BME:BKIA) share price dropped 64% in the ...
MADRID (Reuters) - Caixabank and state-owned Bankia on Friday announced the details of a merger to create Spain's biggest domestic bank by assets. - Caixabank offered 0.6845 shares for every share in ...
Bankia SA. (BME:BKIA) generated a below-average return on equity of 3.10% in the past 12 months, while its industry returned 9.45%. BKIA's results could indicate a relatively inefficient operation to ...
Spanish savers and pensioners who have seen their money wiped out by investing in state-rescued lender Bankia are likely to seek redress in court rather than wait for any official inquiry, which looks ...
The chief financial officer (CFO) of rebuffed questions on Monday about when the bailed-out Spanish lender might completely reprivatize, saying he was focused instead on enhancing the bank's value.
MADRID (Reuters) - Caixabank has agreed to buy Bankia for 4.3 billion euros ($5.1 billion) in an all-share deal that creates Spain's biggest domestic lender and signals a pick up in mergers among ...
MADRID (Reuters) - Spain's state-controlled Bankia (BKIA.MC) on Tuesday said it would return 2.5 billion euros (2.21 billion pounds) of excess capital to shareholders over the next three years in an ...