Banco Bilbao Vizcaya
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They rose 22%, making up for a similar drop the previous day.Banco Santander and Banco Bilbao Vizcaya Argentaria...
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10-year government bond yields and French yields on similar-maturity debt narrowed.UniCredit and Intesa Sanpaolo...
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The Stoxx Europe 600 index Friday closed at 238.88 points, plunging 5% on the week and wiping out its gains in 2012. Spanish equities fared worse, falling 6%, fueled by Moody's downgrade of the credit ratings for Banco Santander (STD), Banco Bilbao... Full Article at Barron's Online
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It was bailed out only last week when the government converted loans into a 45 per cent stake. Moody's cut by three levels the ratings of Spain's two biggest lenders, Banco Santander and Banco Bilbao Vizcaya Argentaria. The moves follow the May 14... Full Article at Sydney Morning Herald
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People march in front of bank Banco Bilbao Vizcaya Argentaria headquarters during a demonstration against the government's new labour reform and cuts in social services on February 25, 2012 in the Northern Spanish Basque city of Bilbao. The conservative... View Photo »
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They rose 22% today, making up for a similar drop the previous day. Banco Santander and Banco Bilbao Vizcaya Argentaria were up more than three points in mid-morning trading. The level of bad loans on the books of Spain's banks has risen to an 18-year... Full Article at The Independent
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Spanish banks erased initial losses to trade up. Banco Santander rose 3.4% and Banco Bilbao Vizcaya Argentaria added 3.9%. Bankia's shares surged 27%, bouncing back from the previous session, when they were pummeled by a local newspaper report—later... Full Article at Wall Street Journal
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But both the index and bank stocks recovered later. Banco Santander, SA and Banco Bilbao Vizcaya Argentaria, SA were up more than 3 points in mid-morning trading. Both were mentioned in the downgrade. Shares in Bankia , SA, a recently nationalized bank... Full Article at FindLaw: AP News
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The rapid deterioration of the loan books was one of four reasons cited by Moody's Investors Service as it downgraded credit ratings of Banco Santander SA (STD), Banco Bilbao Vizcaya Argentaria SA (BBVA) and 14 other banks in the country late Thursday. Full Article at FOX Business
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The country's Ibex 35 index was off more than 2 points shortly after trading began Friday. Banks were among the biggest losers. But both the index and bank stocks recovered later. Banco Santander, SA and Banco Bilbao Vizcaya Argentaria, SA were up... Full Article at The State
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The five-year credit default swap on Banco Santander SA (STD) was 10 basis points wider at 454 basis points, while Banco Bilbao Vizcaya Argentaria SA (BBVA) was 15 basis points wider at 502 basis points, according to data-provider Markit. This means it... Full Article at FOX Business
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