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Spain Bank Audit to Reveal up to EUR65 Billion Capital Needs - Report

MADRID -(Dow Jones)- A new audit of Spanish banks is expected to uncover capital needs of between EUR60 billion and EUR65 billion, ABC reports, citing a preliminary draft of a report by auditors Oliver Wyman and Roland Berger. The Spanish government has requested up to EUR100 billion in European Union aid to recapitalize its ailing banks and has asked for the external assessment to help determine exactly how much they need. The results of the audit are due later this month. -Write to Madrid bureau at djmadrid@dowjones.com

Stock News for Banco Santander (STD)
DateTimeHeadline
06/14/201203:03:13Spain Bank Audit to Reveal up to EUR65 Billion Capital Needs...
06/12/201217:47:09ADR REPORT: Shares Close Higher Amid Hopes for Euro-Zone Banking...
06/12/201217:36:33Brazil Real Closes Weaker; Market Tests Central Bank; Investors...
06/11/201213:30:10Spanish Banks Face Pain Despite EU Help
06/11/201213:20:14Bank Bond Investors Take Heart From Spanish Bank Bailout
06/11/201213:00:03Fitch Downgrades Spanish Banks
06/11/201207:59:27Spanish Bank Debt Insurance Costs Drop On Bailout Loan
06/10/201221:02:30Spanish Banks Expect Government to Ask EU for EUR60 Billion -Report
06/09/201216:55:37Santander: EU Aid to Foster Completion of Bank-Sector Reforms
06/08/201216:28:12Banks Brace for Moody's Downgrades
06/08/201208:26:16EUROBONDS: Spanish Bank Fears Take Toll on Debt Sales
06/06/201217:31:44ADR Report: Shares Higher As European Banks Rally
06/05/201203:46:10Norwegian Air in Dispute with Spanish Lender Santander -Report
06/04/201217:38:15ADR Report: Shares Inch Up as European Bank Stocks Rebound
06/04/201211:00:06Santander's Botin: EU Contribution to Spanish Banks Could Solve...
06/04/201210:44:32Santander Chairman Says Brazil Is "Top Priority" - EFE
05/31/201211:13:48Peru's Cabinet Unveils Changes To Private Pension Funds
05/30/201217:41:05ADR Report: Shares Lower As Spain Worries Weigh On Financials
05/30/201217:24:08World Better Prepared For Crisis Than In 2008 - Mexico's Ortiz
05/30/201213:29:07Santander UK Prices Sterling, Dollar Mortgage-Backed Bond Issue

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