Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

CAM Clients Pulled 22% of Deposits in September, Economista Says

Dec. 31 (Bloomberg) -- Caja de Ahorros del Mediterraneo clients withdraw 22 percent of their deposits in September after the company was criticized by Bank of Spain governor Miguel Angel Fernandez Ordonez, El Economista reported today.

Clients took 11.8 billion euros ($15.3 billion) out of CAM accounts after Ordonez called it “the worst of the worst,” the newspaper said, citing a regulatory filing.

To contact the reporter on this story: Ben Sills in Madrid at bsills@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.