UPDATE 1-Spanish, Italian politics jolt euro zone stock markets as peripheral banks tumble [Reuters]
Banco Bilbao Vizcaya Argentaria S.A. (BBVA)
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Source: Reuters
UPDATE 1-Spanish, Italian politics jolt euro zone stock markets as peripheral banks tumble | Reuters Reuters Staff 4 Min Read * Euro zone stocks down 0.1 pct * Risk of snap election in Spain hits IBEX * Italian, Spanish banks lead losses * Italy banks hit 11-month low * Autos rebound as Trump tariff plans criticised (Updates prices, adds quotes, details) By Danilo Masoni and Helen Reid MILAN/LONDON, May 25 (Reuters) - Euro zone shares hit a roadbump on Friday as heightened risk of a snap election in Spain piled new political anxiety on investors already shaken by the new Italian government’s plans to ramp up fiscal spending. Spanish and Italian stocks fell sharply, with peripheral banks firmly in the firing line, while German shares and Bunds - considered a safe haven - made gains as investors pulled money from peripheral euro zone debt and stocks. Spain stole the spotlight from Italy as pressure built on Prime Minister Mariano Rajoy, with opposition parties calling for a no-confidenc
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Earnings
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- 3/25/24 - Barclays PLC
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