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Spain Banking News. Service for global professionals. Constantly updated news and information about Spain.
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  • As Shipping Slows, Banks and Carriers Fear Loan Defaults 12 Nov 2009 10:11 GMT
    ... carriers could rise. But in Europe, where banks hold over $350 billion of increasingly dubious ... with their real estate loans. And in Spain, where loans to companies working in the real ... said Anthony B. Zolotas, a shipping industry banker at Eurofin in Athens. “At that point ...

  • Pace of mortgage help rising but still slow 12 Nov 2009 20:10 GMT
    ... By ALAN ZIBEL AP Real Estate Writer PLANO, Texas ... administration's program has been riddled with problems. Banks couldn't hire and train employees fast enough ... and one in Costa Rica that handles Spanish-speaking callers. Many new hires have no previous ...

  • TUI banks on Boeing to cut its carbon 12 Nov 2009 09:51 GMT
    ... TUI had cut its emissions by 8% between 2007-08 TUI banks on Boeing to cut its carbon aims ... the mistakes of over-development seen on the Spanish Costas in the 1960s. “In Mexico there ...

  • Conditions Worsening In Spain's Real Estate Market 12 Nov 2009 16:44 GMT
    ... The Spanish real estate market continues to struggle, and ... will hold even more bad news for Spain's real estate market. See the following article ... dwelling starts in 2008, at 360,000 units Spaniards traditionally did not finance house-purchases through mortgages. ...

  • A briefing on derivatives: Over the counter, out of sight 12 Nov 2009 16:51 GMT
    ... Derivatives are extraordinarily useful—as well as complex, dangerous ... that their use by the world’s largest banks should be outlawed. But derivatives have defenders ... unfettered access to dealers’ trades. BME, the Spanish stock exchange, launched a new one this ...

  • Little Cargo, Loads of Debt 12 Nov 2009 02:50 GMT
    ... a price recovery. But in Europe, where banks hold over $350 billion of increasingly dubious ... with their real estate loans. And in Spain, where loans to companies working in the real ... said Anthony B. Zolotas, a shipping industry banker at Eurofin in Athens. “At that point ...

  • Lex: Spain's economy 12 Nov 2009 16:37 GMT
    ... 2009 16:29 The hangover just won’t lift. Spain is still paying for the collapse of ... GDP – among the highest in Europe. Madrid hopes to recoup some of its largesse ... The recession has been keenly felt by Spanish banks. Compared with their peers, weathered the global ...

  • AEGON Returns to Profit in Q3 2009 12 Nov 2009 06:51 GMT
    ... results for CAM Vida, one of AEGON's Spanish bank partners, and the Life business in ... 21% compared to Q2 2009, while in Spain sales declined during the quarter. In Asia ... a slowdown in the real estate and mortgage market; - Adverse claims experience in Fire ...

  • BEA shares rise further on takeover talk 12 Nov 2009 10:51 GMT
    ... BEA shares rise further on takeover talk Published: November ... network is very appealing. Very few foreign banks have as big a presence as they ... its first inroad into Hong Kong’s competitive banking market in 1982 when it acquired Dao ...

  • Banco Santander: Back Door Into Brazil 12 Nov 2009 10:19 GMT
    ... crisis, partially as a result of stringent Spanish banking laws forcing it to avoid toxic assets. ... the bank's slowing operations in other regions—particularly Spain and Britain—during the worst of the downturn. ...

  • Hock shop for the high and mighty 12 Nov 2009 05:51 GMT
    ... Hock shop for the high and mighty Unpaid bills ... you are. Times are harder than a banker's heart. Your mortgage is underwater and your ... consider comical bids. Castle in Europe. Possibly Basque region or Frisia. Very drafty but high-quality ...

  • Hock shop for the high and mighty (Today) 12 Nov 2009 06:53 GMT
    ... Hock shop for the high and mighty Unpaid bills ... you are. Times are harder than a banker's heart. Your mortgage is underwater and your ... consider comical bids. Castle in Europe. Possibly Basque region or Frisia. Very drafty but high-quality ...

  • Hock shop for the high and mighty 12 Nov 2009 07:34 GMT
    ... Hock shop for the high and mighty Unpaid bills ... you are. Times are harder than a banker's heart. Your mortgage is underwater and your ... consider comical bids. Castle in Europe. Possibly Basque region or Frisia. Very drafty but high-quality ...

  • '...the point is to change it...' 12 Nov 2009 10:45 GMT
    ... What Ireland needs is a revolution, a revolution to ... “criminal”. NAMA will bail out the reckless banks but leave the public saddled with a ... shoulder the burden of Government incompetence, reckless bankers, and unscrupulous property developers, while the system ...

  • World markets subdued as S&P heads for 1,100 12 Nov 2009 11:54 GMT
    ... record low, signaling that most Asian central banks are in no hurry to raise borrowing ... of recession despite some laggards, such as Spain. Data earlier showed that Spain contracted a ... rate for fear of undermining its own banking system but the pressure to take steps ...


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