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Rodrigo Rato, chairman of Spanish savings bank Bankia, delivers ...
Jul 20th, 2011
(Reuters) - Rodrigo Rato, chairman of Spanish savings bank Bankia, delivers a speech after its bourse debut in Madrid July 20, 2011. Shares in Bankia made a tepid bourse debut on Wednesday, opening below a deeply-discounted 3.75 euros initial public offering price and sliding further. Bankia, formed from the merger of seven regional banks, raised 3.1 billion euros ($4.4 billion) on Monday when it slashed its IPO price to 3.75 euros at the 11th hour to attract investors amid a spiralling euro zone debt crisis. REUTERS/Andrea Comas (SPAIN - Tags: BUSINESS) -
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