Spain says can avoid 2nd wave of savings bank mergers | Reuters

Spain says can avoid 2nd wave of savings bank mergers Reuters: "Spain's Economy Minister Elena Salgado said on Friday the country's troubled savings banks can avoid a second wave of mergers if they continue to carry out the necessary restructuring.
'If they do their homework, we can avoid a second wave of mergers,' Salgado said in an interview on Spanish television"