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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
06/24/201618:10:00Bank Shares Plummet Around the World, but Europe Fares Worst
06/24/201617:59:00Bank Shares Plummet Around the World, but Europe Fares Worst
06/24/201614:50:00European Banks Take Beating After 'Brexit' Vote -- Update
06/24/201613:26:00Spain's IBEX-35 Sees Biggest One-Day Drop in Its History After...
06/24/201609:09:00European Banks Take Beating After 'Brexit' Vote -- 2nd Update
06/24/201605:20:00European Banks Take Beating After 'Brexit' Vote
06/23/201617:10:00Fed Stress Tests: All Big Banks Clear Bar for Capital Requirements
06/23/201608:30:00Poland Looks to Buy Banks From Eurozone Owners
06/22/201608:10:00What to Watch for in Fed's Stress Tests of Big Banks
06/03/201609:01:00Spanish Police Seek Documents From Banco Santander--Update
06/03/201607:30:00Spanish Police Seek Documents From Banco Santander
06/03/201606:29:00Spanish Police Request Documents from Santander in HSBC Investigation
04/28/201603:20:00BBVA First-Quarter Net Profit Slides
04/27/201607:33:00Santander Brasil Profit Rises Slightly, As Provisions Charges...
04/27/201606:26:00Santander's Profit Slips on Currency Turbulence -- 3rd Update
04/27/201603:22:00Santander's Profit Slips on Currency Turbulence -- 2nd Update
04/27/201602:40:00Santander's Profit Slips on Weaker Lending and Fee Income
04/27/201602:30:00Santander's Profit Slips on Weaker Lending and Fee Income...
04/27/201601:46:00Santander 1Q Net Profit Falls 5% on Year on Weaker Lending Income
04/26/201613:30:00Weak Earnings Expected From Brazil's Banks

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