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Bankia Will Cap Compensation For IPO Bust At $350M

By Linda Chiem (February 27, 2015, 1:51 PM EST) -- Spanish lender Bankia SA said on Friday that it will cover up to €312 million ($349.2 million) of the estimated €780 million that will be paid back to retail investors who sued Bankia over its controversial and ill-fated initial public offering in 2011....

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