Spanish banks could require cash infusions of €70B-€105B, said Moody's, whose estimates are well...

|By:, SA News Editor

Spanish banks could require cash infusions of €70B-€105B, said Moody's, whose estimates are well above the €53.7B gap found by independent stress tests. However, the agency said a recapitalization is still "intrinsically credit positive" for Spain's lenders, as it would involve more capital and banks than previous attempts.