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Best and Worst Investments of 2012

By Ben Steverman - 2012-12-12T21:04:13Z

Photograph by Denis Doyle/Bloomberg

Company Symbol % Change
5 of 18

Worst International Stock

Bankia SA


The biggest target for the European Union's bailout fund for Spanish banks, Bankia SA (BKIA:SM), forecasts it will lose $25 billion in 2012. The bank, formed last year from the merger of seven regional savings banks damaged by Spain's real estate downturn, is in the midst of cutting more than a quarter of its workforce.

Universe and criteria: the MSCI AC World Index, which includes 2,443 stocks from both developed and emerging markets.