Bankia, alongside other Spanish banks, sold billions of euros of preference shares and subordinated debt to high street clients, many of whom say they were tricked into parting with their savings ...

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 ...

Bankia S.A. was formed in 2010 by merging seven savings banks. Back then it was one of Spain's top financial entities and heralded as the solution to the country's banking problems following the ...

Caixabank has agreed to buy Bankia for 4.3 billion euros ($5.1 billion) in an all-share deal that creates Spain's biggest domestic lender and signals a pick up in mergers among Europe's banks as ...

Bankia, the part-nationalised Spanish savings bank, bought 4.3 per cent of its own shares in the months before being taken over by Madrid, in transactions that analysts said would have propped up ...

Bankia was Spain's biggest mortgage lender until the euro zone debt crisis in 2012 pulverized the country's banking sector, triggering a a 22.4 billion euros ($26.6 billion) state bailout.

Shares in Bankia had originally been floated at €3.75 ($4.85) in 2011, with investment banks targeting domestic buyers after seeing limited interest from large institutional investors.

Bankia was bailed out in May 2012, less than a year after its listing, and stood accused of misrepresenting its accounts ahead of the flotation. The scandal also saw former economy minister and ex ...

Bankia's shares will be suspended from Spain's benchmark Ibex index starting January 2, the stock exchange said. The stock has lost about 85% of its value since the bank was listed in July 2011 ...

Shares in Bankia took a fresh tumble on Tuesday, the first day of trading after the nationalised Spanish lender issued 11.5bn new shares as part of a huge state-backed recapitalisation plan.