Around 500,000 insitutional and small private investors that invested in Bankia have lost an average of 39% of their investments for now. They are victims of the Spanish banking system bailout. The EU backed it, for good reason, but investors are also bearing the cost of the overhaul by taking on massive losses.
Around 500,000 insitutional and small private investors that invested in Bankia have lost an average of 39% of their investments for now. They are victims of the Spanish banking system bailout. The EU backed it, for good reason, but investors are also bearing the cost of the overhaul by taking on massive losses.
