Looking at 2014 With a Critical Eye?
MADRID | By Álex García.
news
World left tweeting after a stark resignation
LONDON | For the European Central Bank (ECB), Mr Juergen Stark’s resignation from its executive board on Friday was a “personal” matter, and judging by the reaction on the markets that description turned out to be fitting: at 4:00 pm, the euro was trading against $1.37, down 1.6% and at its lowest level since the end of February. “No wonder,” as international financial markets, HF expert and Webster Finance Professor Jacob…
"BBVA, Santander up with the four most solvent European banks"
In a report that analyzed the fifty largest financial groups in Europe, the risk agency Standard & Poor’s (S&P) ranking highlights credit grades awarded to each of them. In the classification, the two Spanish giants BBVA and Santander appear in the top positions. El Economista informs that “They occupy third and fourth steps respectively, based on the quality of their rating.” Of course, both still face the threat of a downgrade if the…
“BBVA, Santander up with the four most solvent European banks”
In a report that analyzed the fifty largest financial groups in Europe, the risk agency Standard & Poor’s (S&P) ranking highlights credit grades awarded to each of them. In the classification, the two Spanish giants BBVA and Santander appear in the top positions. El Economista informs that “They occupy third and fourth steps respectively, based on the quality of their rating.” Of course, both still face the threat of a downgrade if the…
Renta4: "Telefónica is coming to London"
A brief note from analysts at Renta4 about Spain’s Telefónica announcing that it will create a London-headquartered unit, Telefónica Digital, which is part of further restructuring plans to become a global player in the sector. Renta4 says trading shouldn’t be affected, although Telefónica’s move certainly looks positive on the paper: “The Board of Directors Monday announced a profound organizational change in order to participate more actively in the digital world and take advantage…
Renta4: “Telefónica is coming to London”
A brief note from analysts at Renta4 about Spain’s Telefónica announcing that it will create a London-headquartered unit, Telefónica Digital, which is part of further restructuring plans to become a global player in the sector. Renta4 says trading shouldn’t be affected, although Telefónica’s move certainly looks positive on the paper: “The Board of Directors Monday announced a profound organizational change in order to participate more actively in the digital world and take advantage…
Inditex loves Britain, and Britain loves Inditex: a retail story
Optimistic reviews for Sabadell United Bank’s growth plans
Banking analysts in Spain have greeted with positive signals Sabadell United Bank’s (SUB) latest acquisition in Florida, after the Banc Sabadell subsidiary won the Federal Deposit Insurance Corporation-arranged bid for Lydian Private Bank.
Do we have to talk about it? Unemployment numbers in Spain
Someone even lost his temper: “If we need a bit of help with some tens of thousands of millions of euros, why not saying so? We must avoid the risk of an intervention. If a special loan could ease our internal difficulties, for instance with the financial system, let’s do it.” Finance minister Elena Salgado simply retorted to BBVA’s chairman Francisco González, whose words you just read, that such a question was…