Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Bank of Spain says three officials to resign over Bankia IPO case

Source: Reuters - Tue 14th Feb 2017
Bank of Spain says three officials to resign over Bankia IPO case

The Bank of Spain said on Monday that three officials would resign after the Spanish High Court named them on Monday as suspects in an investigation into Bankia's disputed flotation in 2011.

In a statement, Spain's central bank said supervisory managing director Mariano Herrera Garcia-Canturri, supervisory deputy managing director Pedro Comin Rodriguez and inspection head Pedro Gonzalez Gonzalez would resign on Tuesday.

The bank said they wanted to leave so as not to affect the Bank of Spain's supervisory functions while testifying as part of the case.

Recommended Reading :

* Ex Bank of Spain head faces probe on Bankia IPO, three officials resign

* Ex IMF Chief evaded EU6.8 Mln says Spanish Tax Agency