Regions Bank

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  • Spain To Brave Markets On Regions, Banks Funding

    yahoo.com 2 days, 8 hours ago

    MADRID (Reuters) - Spain, battling a debt crisis that is shaking its government, banks and companies, will soon issue new bonds to fund ailing lenders and indebted regions despite borrowing costs nearing the 7 percent level that drove other states to seek a bailout. The move will dent the country's strong liquidity position and further worsen public finances under scrutiny from investors and European officials who fear the euro zone's fourth economy may go the same way as Greece, Portugal and Ireland. ...

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