Bankia to Cut 28% of Staff and 39% of Branches

BFA-Bankia said in a regulatory filing that it sees 19 billion-euro of losses in 2012. The Spanish lender will cut 28% of staff and 39% of branches between 2012 and 2015.
E.U. Leaders to Meet to Discuss Next Steps With Greece
26:46 - EU leaders will hold an emergency summit on Tuesday to discuss what’s next for Greece. Bloomberg’s Jones Hayden reports on “First Up.” (Source: Bloomberg)
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