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Banco Bilbao Vizcaya Argentaria SA

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  • Italy stuck in recession, next in line for Spain-style bailout?

    Italy stuck in recession, next in line for Spain-style bailout?
    Now that Spain has asked for its bailout — up to 100 billion euros, or $126 billion — speculation is now shifting to Italy as the next euro zone nation that could ask for a handout.
  • Euro slumps again as Spanish debt fears rise

     
    The euro is sinking again Wednesday after investors demanded sharply higher interest rates on Spanish government bonds -- raising fears that Europe’s debt crisis is entering a new and more dangerous phase. Greece’s government debt woes sparked the...

    Rumors of foreign buyout send Hanmi shares higher

     
    Shares of Hanmi Financial Corp. have doubled in recent weeks on rumors that the Los Angeles bank, hammered by losses on commercial real estate, would be purchased by a South Korean banking firm. The company is the parent of Koreatown's...