Frob plans €5.8bn capital, liquidity injection for CAM

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Frob plans €5.8bn capital, liquidity injection for CAM

Spain’s bank restructuring fund has taken over troubled lender CAM, injecting €5.8bn in capital and liquidity and preparing to sell it on. The move follows the collapse of the bank’s planned merger with other Spanish savings banks, and its failure in the recent European bank stress tests.

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