- Reuters•16 hours ago
Former International Monetary Fund chief Rodrigo Rato was sentenced to 4-1/2 years in prison by Spain's High Court on Thursday following a scandal over the widespread misuse of company credit cards during his tenure at lender Bankia. Rato, who was economy minister in Spain and a prominent figure in the ruling People's Party (PP) before moving to the IMF, chaired Bankia for two years until just before its state bailout in 2012. The case is one of several high-level corruption investigations now coming to fruition and seen as a test of whether Spain's rich and powerful are accountable to the law.
- Bloomberg•9 days ago
The court summons served on a clutch of current and former central bankers this week may help Spain show it’s finally cleaning house after its financial crisis as it bids to tout Madrid as a haven for ...
- Reuters•11 days ago
The Bank of Spain said on Monday that three officials would resign after the Spanish High Court named them on Monday as suspects in an investigation into Bankia's disputed flotation in 2011. In a statement, Spain's central bank said supervisory managing director Mariano Herrera Garcia-Canturri, supervisory deputy managing director Pedro Comin Rodriguez and inspection head Pedro Gonzalez Gonzalez would resign on Tuesday. The bank said they wanted to leave so as not to affect the Bank of Spain's supervisory functions while testifying as part of the case.
BKIA.MC : Summary for BANKIA, S.A. - Yahoo Finance
Bankia, S.A. (BKIA.MC)
MCE - MCE Delayed Price. Currency in EUR
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|Bid||0.92 x 1239200|
|Ask||0.92 x 4019500|
|Day's Range||0.92 - 0.93|
|52 Week Range||0.53 - 1.04|
|PE Ratio (TTM)||13.14|
|Dividend & Yield||0.03 (2.95%)|
|1y Target Est||N/A|