Jan 11, 2013 (Morning Edition) — A major overhaul of Spain's banking system is in full swing. Felled by the housing crunch, Spanish banks are getting billions in rescue loans from Europe, but they'll have to lay off about 55,000 workers in exchange.
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Spain's Banks Face Layoffs, New Regulations
by Lauren Frayer
Jan 11, 2013 (Morning Edition) — A major overhaul of Spain's banking system is in full swing. Felled by the housing crunch, Spanish banks are getting billions in rescue loans from Europe, but they'll have to lay off about 55,000 workers in exchange.Missing some content? Check the source: NPR
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