bankia on the markets

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Bankia’s CEO Goirigolzarri still doesn’t convince the markets

When the former CEO of BBVA, José Ignacio Goirigolzarri (62) arrived at Bankia in 2012, the most critical year for the bank (19.2 billion euros of losses), everyone celebrated his appointment. They saw it as a guarantee that Bankia would succeed in getting back on its feet within the expected timeframe, not only in terms of its business but also terms of its stock market valuation.