hpspain

First Spanish Bank close to default if not raises capital

Short
CHXEUR:POPE   None
Banco Popular may hit 0.40-0.50 after 3,000 Mn.Euros Raising Capital Scheme

Company has cooked books last 4 years and may have to be partially bailoutted.

Other bank to crash its SABADELL till 0,70 euros per shares (ticker SAB SM EQUITY)
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