Spain $185 Billion Refinancing Tests Rajoy’s Bank Cleanup Effort

Spain $185 Billion Refinancing Tests Rajoy’s Bank Cleanup Effort

Angel Navarrete/Bloomberg

Customers gather around a broken automated teller machine outside a Banco Bilbao Vizcaya Argentaria SA branch in Madrid, Spai. BBVA, Spain’s second-biggest bank, said it’s got lending risks under control.