European bank jitters as Spain steps in to save Cajasur
"Banks may not be able to recoup large parts of these loans. These losses will have to be recognised eventually, bringing down many institutions," it said. The bank added that the two giants, Santander and BBVA, are in good health.
Link:
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7757398/European-bank-jitters-as-Spain-steps-in-to-save-Cajasur.html
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