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SPAIN-FINANCE-ECONOMY-BANKING
(FromL) Caja Segovia's President Atilano Soto Rabanos, Caja Avila's President Agustin Gonzalez Gonzalez, Bancaja's President Jose Luis Olivas Martinez, Caja Madrid's President Rodrigo de Rato Figaredo, Caja Insular de Canarias' President Juan Manuel Suarez del Toro Rivero, Caixa Laietana's President Jaume Boter de Palau i Rafols and Caja Rioja's President Fernando Beltran Aparicio sign an alliance that will help the seven Spanish regional savings banks
survive the country's uncertain economic outlook on June 15, 2010 in Madrid. The tie-up would be a so-called "cold fusion" or "virtual" merger where each bank would keep its own brand, balance sheet and legal structure but monitor solvency and liquidity centrally under a single management. It will create the country's biggest savings bank by assets, surpassing Barcelona-based La Caixa. AFP PHOTO / Dani Pozo
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Detalii fotografie |
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Madrid, SPAIN |
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AFP / Mediafax Foto |
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| Fotograf: |
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Dani Pozo |
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| Data: |
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15 Iunie 2010 |
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| Dimensiuni: |
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3059 x 1055 (587.78 KB) |
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