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Editorial Results (free)

1. Ex-IMF chief acquitted in Spanish bank stock listing case -

MADRID (AP) — Spain's National Court has acquitted 34 people who were tried over the stock market listing of financial firm Bankia, including former International Monetary Fund chief Rodrigo Rato.

Rato, who is serving a 4 1/2-year prison sentence for a separate case involving the misuse of Bankia's corporate credit card, was the Madrid-based lender's chairman between 2010 and 2012.

2. 2 Spanish banks merge amid tough times for financial sector -

LISBON, Portugal (AP) — Two of Spain's biggest banks are poised to merge and create the largest lender in the country, with assets of more than 600 billion euros ($708 billion), bringing the prospect of more job losses amid difficult times for the financial sector.

3. Moody's cuts debt ratings of 28 Spanish banks -

Spain's battered banks have taken another hit, this time in the form of a sweeping downgrade by Moody's.

The rating agency said that it is cutting its views on the debt issued by 28 Spanish banks, including international heavyweights Banco Santander and Banco Bilbao Vizcaya Argentaria.