CaixaBank and Bankia received approval from their boards to merge, creating a bank worth more than $786 billion on Friday. CaixaBank will exchange 0.6845 of its shares for one Bankia share.

MADRID Bailed-out Bankia on Thursday posted a full-year net loss of 19.2 billion euro ($25.2 billion), the biggest ever suffered by a Spanish company, after the lender cleaned up its balance ...

Bankia, a merger of seven savings banks listed on the Madrid stock market in July 2011, was forced to request a €19.5bn state rescue in May, with the government removing Rodrigo Rato, the former ...

MADRID—Bankia SA said Monday that first-quarter net profit more than doubled from a year earlier as the lender, the largest to be rescued during Spain's financial crisis, cemented a turnaround ...

Bankia SA. (BME:BKIA) generated a below-average return on equity of 3.10% in the past 12 months, while its industry returned 9.45%. BKIA’s results could indicate a relatively inefficient ...

Markets appear to have forgotten Europe’s sovereign debt crisis and the woes in Spain: on Tuesday, new shares in nationalized financial institution Bankia began trading, closing the day at €0. ...

The deal values Bankia, which was bailed out by the government during Spain’s banking crisis in 2012, at €4.3 billion ($5.1 billion), according to Jefferies analysts. The new entity will have ...

MADRID, July 9 (Reuters) - Spain's largest domestic bank Caixabank (CABK.MC), opens new tab said on Friday it agreed to sell two businesses from its recently acquired rival Bankia to Global ...

Bankia, a merger of seven savings banks listed on the Madrid stock market in July 2011, was forced to request a €19.5bn state rescue in May, with the government removing Rodrigo Rato, the former ...