worldspy -
29.05.12 20:28
Move by bailed-out Spanish bank set to cause controversy if Europe is asked to foot some of €19bn needed by BankiaA former senior executive at bailed-out Spanish bank Bankia is to receive a €14m (£11.2m) payoff in a move that will cause controversy beyond the country's borders if Europe is asked to help rescue Spain's banks.As the government seeks to raise the €19bn needed by Bankia, the news that Aurelio Izquierdo would walk away with such a large payoff raised questions about what Spain's troubled banks have been doing with their money.Another former senior Bankia executive, Matías A mehr bei guardian.co.uk