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."
What You Need to Know: Big Oil, China, U.K. GDP
06:03 - Bloomberg's Jonathan Ferro briefs you on the top stories of the day.
  • Oil Price Retreats as U.S. Producers Build Supply
  • China Stocks Extend Losses in Volatile Trading Day
  • 'Remorseless Overhang' of Oil Market Supply: Atkinson