Banco Bilbao Vizcaya Argentaria SA dropped more than 3 percent as the cost of insuring Spanish and Portuguese subordinated bank bonds surged.

西班牙毕尔巴鄂比斯开银行(Banco Bilbao Vizcaya Argentaria)股价下跌超过3%，西班牙和葡萄牙的主权债务违约成本上升。

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Spain’s Banco Bilbao Vizcaya Argentaria made its first big acquisition outside the Spanish-speaking market by acquiring a 24.9% stake in Garanti, Turkey’s second-biggest bank.

西班牙毕尔巴鄂比斯开银行（BBVA）收购土耳其第二大银行¬——格蓝迪银行24.9%的股份，成功完成其在非西班牙语市场上的首次重大收购。

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The accounts were opened between 1987 and 1999, before Banco Bilbao Vizcaya's merger with Argentaria.

ECONOMIST: Down the abyss

In Spain, Banco Bilbao Vizcaya Argentaria fell 2.65% and Banco Santander dropped 2.2%, while the benchmark IBEX 35 index dropped 1.6% to 8353.60.

WSJ: European Stocks Slide

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.

FORBES: Show Me the Dinero