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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
01/27/201611:10:00Santander Profit Plunges on U.K. Insurance-Related Provisions...
01/27/201609:08:00Santander: No Margin for Error -- Heard on the Street
01/27/201609:03:00Santander: No Margin for Error -- Heard on the Street
01/27/201608:18:00Santander: No Margin for Error -- Heard on the Street
01/27/201606:49:00Santander Profit Plunges on U.K. Insurance-Related Provisions...
01/27/201605:25:00Santander Profit Plunges on U.K. Insurance-Related Provisions...
01/27/201603:32:00Correction to Santander Story
01/27/201603:27:00Santander Profit Plunges on U.K. Mis-selling Provisions -- 2nd...
01/27/201602:34:00Santander Profit Bolstered by U.K. Business -- Update
01/27/201602:30:00Santander Profit Up Slightly
01/27/201601:41:00Santander Profit Up Slightly
01/26/201608:26:00Spanish Banks' Shares Hit Ahead of Quarterly Results
01/25/201608:34:00Banco Santander SA 4Q 2015 -- Forecast
01/21/201618:50:00Brazilian Banks to Form Credit Registry
01/21/201618:09:00Brazilian Banks to Form Credit Registry
01/05/201616:36:00J.P. Morgan Pays $48 Million to Close Regulatory Order on Mortgage...
01/05/201614:30:00J.P. Morgan Pays $48 Million to Close Regulatory Order on Mortgage...
01/05/201614:23:00J.P. Morgan Pays $48 Million to Close Regulatory Order on Mortgage...
12/30/201508:50:00Portugal's Central Bank Backs Novo Banco Cash Injection
12/24/201510:58:00Abengoa Says Signs Deal With Creditors for EUR106 Million Loan

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