Friday, February 1, 2013

FOXBusiness.com: Spanish Banks' Earnings Hit by Cleanup

FOXBusiness.com
FOX Business Network - The Power to Prosper
Spanish Banks' Earnings Hit by Cleanup
Feb 1st 2013, 13:15

Earnings from three Spanish banks were dragged down on Friday after they were forced to set aside cash to cover potential real-estate losses, with two big banks recording steep falls in profit and a midsize lender posting a record loss.

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