Next Spanish Bank up for Implosion is….?

Liberbank.

This is Spain’s 8th largest lender. Another ‘bad bank’ set up to house the a 2011 merger of three equally awful banks.

The take-away here is that the ECB will bail-in and sell this one off the same way it did Banko Popular earlier in the week. And it will do so without shareholder input.

Read the rest on Steemit.com

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