The pain in Spain

8 September 2017 By Christopher Thompson

Shares in the country’s lenders have been on a tear this year, outperforming the Madrid bourse by 5 pct. Now Liberbank is raising 500 mln euros – over half its market value – to scrub its balance sheet. The rights issue will test optimism about lower bad debts and rising rates.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)