Company: Pope & Talbot, Inc.

MADRID (Reuters) - Bankia SA's black hole may be so big that Madrid's only option for the Spanish bank will be to wind it down.

MADRID (Reuters) - Spain's top five lenders will set aside an extra 15 billion euros ($19.4 billion) in provisions to cover risky property deals, heaping pressure on their finances as the country battles to restore confidence in its banking industry.

MADRID (Reuters) - Spain's second-largest bank BBVA said on Monday it would set aside provisions worth around 1.8 billion euros ($2.3 billion) to meet new capital requirements demanded by a sector reform passed on Friday.

MADRID (Reuters) - Spain is set to intensify the clean-up of its banks on Friday after difficult last-minute talks between the government and lenders on details of planned financial system reforms.

MADRID (Reuters) - Spain is expected to present new reforms to complete the clean-up of its banks on Friday after difficult last-minute talks between the government and lenders.

MADRID (Reuters) - Spain is expected to present new reforms to complete the clean-up of its banks on Friday after difficult last-minute talks between the government and lenders.

MADRID (Reuters) - Spain is expected to present new reforms to complete the clean-up of its banks on Friday after difficult last-minute talks between the government and lenders.

MADRID (Reuters) - Spain is expected to present new reforms to complete the clean-up of its banks on Friday after difficult last-minute talks between the government and lenders.

MADRID (Reuters) - The transfer of Spanish banks' toxic real estate assets into holding companies to value and sell them off will be on a voluntary basis, the economy ministry said on Thursday.