PUBLISHED UNITED STATES COURT OF APPEALS FOR THE FOURTH CIRCUIT
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In such a context, Spanish saving banks have undertaken a restructuring process that already
affects more than three quarters of the sector and that will result in a substantial reduction of
the number of entities and hence in an increase of the efficiency and soundness of the saving
banks sector.
This has been a significant first step. Nonetheless, the current reform of the international
financial system will result in new challenges in terms of higher capital requirements both in
quantity and in quality. Spanish credit entities must be prepared to face the new requirements
from a reinforced position to...
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PUBLISHED UNITED STATES COURT OF APPEALS FOR THE FOURTH CIRCUIT
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PUBLISHED UNITED STATES COURT OF APPEALS FOR THE FOURTH CIRCUIT
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