Spain

Alpine Bau declares insolvency

The Austrian construction group Alpine Bau claims insolvency, and stands to be the largest ever in Austrian history.

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Banco Sabadell puchases Lloyd's Spanish retail and private banking business

Banco Sabadell purchases Lloyd's Spanish retail and private banking operations.

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Bids Filed for Catalunya Banc

Three major banks interested in purchasing Catalunya Banc

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Vulture funds smell blood from Spanish bank woes

A flock of "vulture" funds is gathering in Madrid in the hope that a banking sector shakeout will finally deliver a bonanza of real estate and distressed company assets at rock bottom prices.

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