Now this will be a stress test: Spain's largest savings bank, Bankia, will go public on July 20....

|By:, SA News Editor

Now this will be a stress test: Spain's largest savings bank, Bankia, will go public on July 20. Bankia was created from the merger of 7 of Spain's cajas, best known for their heavy exposure to the country's rapidly depreciating real estate. The lender is attempting to raise €4-4.5B in capital to stave off a government takeover.