Another Spanish Bank in Real Trouble

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This topic contains 3 replies, has 3 voices, and was last updated by Profile photo of angie angie 6 years, 5 months ago.

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  • #55607
    Profile photo of angie
    angie
    Spectator

    Straight from the horse’s mouth.

    A friend of mine works for Lloyds Bank in the City. Lloyds have to report to the FSA on their finances every 3 days because we all bailed them out. The FSA have now told them to report daily. Why? Because there is another Spanish Bank in trouble with knock-on effect and maybe Lloyds are involved. We will see!!

  • #99078
    Profile photo of rt21
    rt21
    Participant

    just read that Spain has admitted today “that foreign banks were refusing to lend to some of its banks, but denied it was on the brink of seeking a Greek-style European financial rescue”. Well with Spain having to refinance billions of loans in the next month it will be interesting to see whether they have to seek eurozone aid.

    Richard.

  • #99211
    Profile photo of Anonymous
    Anonymous
    Participant

    Maybe that’s why lloyds are ringing me here in spain , asking if I want to invest in their new offerings ? Need some investment.

  • #99231
    Profile photo of angie
    angie
    Spectator

    Have just asked the question does anyone know which Spanish Bank might be involved in anyway with Lloyds? Is it Solbank?

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