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(AFX UK Focus) 2008-11-02 14:15 Sabadell says Spain bad loans to rise near 9 pct (Interactive Investor) MADRID, Nov 2 (Reuters) - Bad debt levels in Spain will rise close to 9 percent of banks' loan books, Sabadell Chief Executive Jaime Guardiola said on Sunday, before adding that the Barcelona bank was alert to takeover opportunities. Guardiola told newspaper El Pais, in an interview published on Sunday, that bad debt could approach the 9 percent level touched in Spain's last recession in 1993. ...
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