Bankia Posts $27.6B Record Loss on Clearing Assets

Feb. 28 (Bloomberg) -- Bloomberg Markets Editor Manus Cranny reports that BFA-Bankia posted a record after-tax loss of $27.6 billion as it cleaned its balance sheet. He speaks on Bloomberg Television's "The Pulse."

Nordea CEO Is Concerned About New Swedish Bank Tax
24:42 - Nordea Bank AB said profit rose 14 percent last quarter, beating analysts’ estimates and helping the Nordic region’s largest lender exceed the capital requirement set by Sweden’s regulator. Net income in the three months through September reached 888 million euros ($967 million), up from from 780 million euros a year earlier, the Stockholm-based bank said in a statement on Wednesday. That topped the average 825 million-euro estimate of 13 analysts surveyed by Bloomberg. Nordea Chief Executive Officer Casper von Koskull discusses with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."
  • Apple Remains Safe for Long Term Investing, Says Windsor
  • Pharos Holding's El-Swaify: Egypt Devaluation Is a Must
  • The European Headwinds Facing Draghi and the Euro