BANKINTER. IMF believes a banking sector bail-out would be likely in the event of increase in systemic risk. The organism recommends to create a tax for largest banks (the too big ones to fall) aiming at boosting financial stability, rise the capital requirements and reduce larger entities’ size to minimize risks.
ACF. Santander buys BNP private banking unit in Miami. The Spanish bank considers the results improvement goal and the interest rate rise prospects.