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Spain extends its short-selling ban for another week and moves to get approval from the EU for...

Spain extends its short-selling ban for another week and moves to get approval from the EU for another 90 days beyond that. The ban - which has mostly been in place since last summer (to no positive effect) - is meant to protect the banks as they take steps to boost capital.
Comments (1)
  • Studioso Research
    , contributor
    Comments (230) | Send Message
     
    Is meant to protect banks such as Bankia, a bank with market cap of about 2.2 billion EUR but needs 24.743 billion EUR in capital.
    19 Oct 2012, 03:30 PM Reply Like
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