Banking, finance, and taxes
PIIGS Banks Get Reprieve From Spain (STD, BBVA, NBG, AIB, IRE)
Published:
Last Updated:
Yesterday was Portugal helping out, today is Spain… Debt sales that is. A debt sale in Spain is so far being hailed as a minor success and this comes on the heels of a similar successful debt private placement yesterday from the smaller and more troubled Portugal. With two PIIGS getting out of the bacon factory for another day, the rest of the PIIGS are getting some reprieve.
Spanish banks are higher. Banco Santander, S.A. (NYSE: STD) is up 3.8% at $11.30 and Banco Bilbao Vizcaya Argentaria SA (NYSE: BBVA) is up almost 7% at $11.02 in pre-market trading.
National Bank of Greece SA (NYSE: NBG) is trading up 2.3% at $1.73 in the pre-market.
In the land of leprechauns and four-leaf clovers, Allied Irish Banks plc (NYSE: AIB) is up 1.1% at $0.88 and The Bank of Ireland (NYSE: IRE) is higher by about 2% at $2.62 in the pre-market.
JON C. OGG
Credit card companies are handing out rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
