Bankia

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Riskier assets were in favour on Wall Street in early afternoon trading. Photograph: Bloomberg

Stock markets rose globally on Wednesday as investors cheered the outcome of the US midterm elections, which, in delivering a gridlocked Congress, eas(...)

The markets hit session lows  after US treasury secretary Steven Mnuchin (above)  pulled out of a major investment conference in Saudi Arabia. Photograph: Mandel Ngan/AFP/Getty

European shares swung back into the red yesterday as fears of rising rates and disappointing earnings from US industrials dragged Wall Street down, wh(...)

 Spanish prime minister Mariano Rajoy receives a standing ovation from his party colleagues at the end of a  no-confidence motion in parliament on Wednesday. Photograph: Emilio Naranjo/EPA

Spanish prime minister Mariano Rajoy has comfortably survived a parliamentary no-confidence vote brought against him due to a series of corruption sca(...)

Rodrigo Rato leaving  the High Court in Madrid after questioning in 2014 Photograph: Reuters

Former International Monetary Fund chief Rodrigo Rato should stand trial over his role almost six years ago in the ill-fated listing of Bankia, a Span(...)

Former Bankia chairman Rodrigo Rato (left) and former Caja Madrid chairman Miguel Blesa, who were convicted, along with more than 60 executives, of a €12.5 million  personal expenses scam. Photograph:  Chema Moya/Reuters

In April 2015, many Spaniards sensed something was shifting as they watched the television news. An ashen-faced Rodrigo Rato was being escorted out of(...)

Rodrigo Rato (left) next to former Caja Madrid chairman Miguel Blesa during the trial of more than 60 executives and former board members accused of illegally spending €12 million. Photograph: Reuters

The former International Monetary Fund chief Rodrigo Rato has been sentenced to four-and-a-half years in prison for misusing corporate credit cards wh(...)

Tullow Oil: The Kingfisher well at the Lake Albert Rift Basin, in Uganda. Tullow Oil added 4.1 per cent to €3.33 in Dublin yesterday

Irish shares and the broader European market ended the session on Monday little changed, following a choppy session which saw early gains give way to (...)

Nestlé’s new  Honeycomb Crunch: Nestlé fell 1.7 per cent as analysts said a company presentation  suggested organic sales growth may be lower than expected.  Photograph: Nestle/PA Wire

A rally in European shares stalled on Friday as investors sold large tranches of stock in a number of companies and there were indications that the co(...)

European bank shares had their worst two-day fall on record and world stocks, as measured by MSCI were on track for worst two-day fall since the aftermath of the Lehman Bros collapse in late 2008. Photograph: EPA

Britain’s decision to leave the European Union sent new shockwaves through financial markets yesterday, with the pound falling to a 31-year-low despi(...)

Some 40 banks were involved in the Spanish class action. Image: Thinkstock

Banks including Barclays and Santander face an €5 billion bill after a Spanish court ruled that the millions of fixed minimum rate mortgages are null (...)

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