The editor of web publication Capital Madrid, Alberto Valverde, is mooting the
possibility of a merger between
Banco Financiero y de Ahorros - official name of the megafusion and conversion to a bank of Caja Madrid, Bancaja and several others - and no less than BBVA, all under the leadership of Rodrigo Rato. The resultant beast, were it to be born today, would sport 880 billion euros in assets.
For readers not able to read Spanish, the
Google Translate version will prove less than helpful. But it is pretty funny.
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2 Comments:
It's about time Spain had some of its own too-big-to-fails. Maybe Germany will be nicer to us then.
To me it's like a bunch of drunk gamblers yelling "double or nothing!"
Total offtopic, but your fans demand a reaction to the latest Ambrose piece
Has he just come back from spending the weekend with you in amongst your olive trees or what?!
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