Caja Castilla La Mancha taken over by the Bank of Spain in emergency bailout

Caja Castilla La Mancha, which has been tottering for a while, quietly fell over today and was quickly taken over by the national bank Banco de Espana.

The politicians have been trying to quietly merge it with Andalucian giant Unicaja for a while now – No doubt Banco de Espana will keep the smelly bits while Unicaja, who are sharp cookies, keep the sweet pieces.

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