We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Arrivederci, cajas

9 July 2010 By Fiona Maharg-Bravo

The country’s troubled cajas will be allowed to issue voting shares for up to 50 pct of their capital. It’s a good first step, but leaves too much influence with local politicians and may come too late for smaller lenders. Besides, it’s not clear investors will be interested.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)