Prime Minister Mariano Rajoy: says Spain’s banking system is in “stupendous” shape. Photograph: Sergio Perez/Reuters

Spanish banks were shown to need no more capital after the stress test. Liberbank, a lender with €45 billion of assets, was shown to have a €32.2 mill(...)

Bankia Chairman Jose Ignacio Goirigolzarri during a news conference in Madrid on Monday. Photograph: Reuters

Spain is preparing to start selling down its stake in Bankia SA, the bailed-out lender said yesterday, marking another milestone in the recovery from (...)

Bankia, Spain’s fourth largest bank saw its shares plummet at the end of last week to 65 cents, having lost about 90 per cent of their value since the start of the year.

Spanish lender Bankia suffered another day of losses on the stock market yesterday as speculation mounted ahead of a capital expansion planned for tod(...)