Only two things keep these banks alive.
What would a disorderly bank collapse in Spain and Italy have done?
Organized criminals from Russia are subletting apartments to tourists, as locals struggle with soaring rents.
Liberbank’s stockholders and junior bondholders fear a “bail-in.”
Many Banco Popular investors wiped out. Taxpayers off the hook. What it means for Italy.
Has the time finally come to test the EU’s bail-in law?
Spain’s sixth largest bank “itself cannot at this point make a rough calculation” of what its value is, “and if they can’t, neither can we.”
Catalonia’s independence would set off Spain’s debt time-bomb.
When locals can’t afford to live there anymore.
Spain’s 6th largest bank: “We have liquidity until the end of the year.”