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SPAIN-FINANCE-ECONOMY-BANKING
(FromL) Bancaja's President Jose Luis Olivas Martinez and Caja Madrid's President Rodrigo de Rato Figaredo sign an alliance that will help 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 |
| Loc: |
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Madrid, SPAIN |
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| Sursa: |
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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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3602 x 2334 (1.29 MB) |
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