Tuesday, May 29, 2012

In Spain, investors watch for run on banks

As depositors worry about their money, observers warn of panic. Banks and the government issue statements aiming to calm the public.

MADRID — Spaniards laze at sidewalk cafes on a street dotted with banks. The biggest bank bailout in Spanish history doesn't seem to have affected this weekend crowd: There are no lines of people trying to take out their money.


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