Popular in Fight to Survive as Bank Updates ECB

The transcript discusses the uncertainty surrounding a planned meeting between Banco Popular and the ECB, highlighting the bank's financial struggles, including soaring default risk and a significant amount of non-performing loans. The issues stem from poor lending decisions made during Spain's real estate boom over a decade ago. Despite some transparency in reporting non-performing assets, the scale of Banco Popular's problems is evident, leading to questions about the bank's future viability.

What has been the market's reaction to Banco Popular's stock price and health?

How did the lending decisions made over a decade ago contribute to Banco Popular's troubles?