Earlier in the week, the rumor was that Spain's BBVA was taking a look at it.
Since then Spanish groups including BBVA have taken over two of the other main banks.
Soc-Gen was off more than 15.5% Wednesday morning, Santander and BBVA more than 9% apiece.
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BBVA, which acquired first-e, says that the Internet is at best a zero-sum game for banks.
Eduardo Torres, a senior economist at BBVA Bancomer, Mexico's biggest bank, expects minimal fallout for the broader economy.
Around 60% of subordinated Spanish bank debt, excluding the healthy Santander and BBVA, is held by retail investors.
BBVA, meanwhile, has a big exposure to Mexico, an economy also entering recession.
Spanish banks BBVA and Santander Central Hispano also have significant exposure to Argentina.
Santander and BBVA get the vast majority of their profits overseas, and particularly from their growing Latin American subsidiaries.
Meanwhile, BBVA's managers do not own significant stakes in the bank and consider themselves to have a more conservative culture.
The private system, which now comprises ten funds whose managers include Britain's HSBC and Spain's BBVA, has had its problems.
The NBA Mexico Game presented by BBVA Bancomer features the Orlando Magic and the New Orleans Hornets in Mexico City.
"We are as committed as ever to the U.S. market, " Manolo Sanchez, chief executive of BBVA Compass, said in an interview.
The two biggest, Santander and BBVA, have beaten international competitors, partly thanks, if Spain's supervisors are to be believed, to good regulation.
Leading banks like Standard Bank and BBVA Bancomer have successfully leveraged this tool to expand their lending capacities to the missing middle.
These include Spanish banks Santander, BBVA, Banco Popular Espanol and Banco Sabadell.
The day after the measure was announced, BBVA slid 6.5 percent in Madrid and Repsol YPF SA, Spain's biggest oil producer, fell 13 percent.
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Spain's second-largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), in September acquired Laredo National Bancshares, which has a 23% market share in the Texas-Mexico border area.
These include Banco Bilbao Vizcaya Argentaria (BBVA), HSBC, ING and MetLife.
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Cox, still finding his way through the data at BBVA, is looking for ways to go after those Walmart shoppers to make them profitable banking clients.
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On Friday, Oliver Wyman completed the more granular audit, which only seven institutions passed ( Banco Santander, BBVA, Caixabank, Unicaja Ceiss, Bankinter, Kutxabank, and Sabadell).
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Ken: A Grexit by itself does not necessarily lead to a big win for Provida, unless it puts pressure on BBVA to sell its pension business.
By the way, it is worth noting that the IMF concludes that Spain's two biggest banks, Santander and BBVA, do not need to raise any additional capital.
Goldman Sachs' Jernej Omahen has "Buy" ratings on Spain's BBVA, Britain's HSBC, Italy's Unicredit and France's BNP, with predicted upsides of 45% or more for all four banks.
The BBVA bank, one of the 18 banks downgraded by credit agency Fitch on Monday, is now offering a mortgage with 100% financing on its real estate website.
Banco Popular Espanol has fallen 6.73% so far this year, Banesto has tumbled 17.07%, Banco de Valencia has sunk 25.47%, Bankinter has plunged 28.42% and BBVA has lost nearly 31%.
Among the largest underlying components of DEM, in trading today SK Telecom Ltd ( SKM) is off about 0.4%, and BBVA Banco Frances S A ( BFR) is up by about 1.1%.
While that is expected to slow in the second half, somewhat, Spanish bank BBVA raised their forecast for Mexican GDP growth to 3.7 percent this year, with unemployment falling to 5.1 percent.
In the Covestor Sizemore Investment Letter Model , I took positions in Spanish banking giants Banco Santander (NYSE: SAN) and BBVA (NYSE:BBVA), and my timing on these trades was better.
Only seven institutions passed the stress tests ( Banco Santander, BBVA, Caixabank, Bankinter, Unicaja Ceiss, Kutxabank, and Sabadell) while at least another nine were found to need capital to face a stress situation.
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