Tuesday Sep 9
Putin Sanctions Divert Lending to Haven: Turkey Credit
Lending to Turkish companies is surpassing credit being extended to Russian corporates for the longest run in almost a year, fueled partly by international banks recoiling from the crisis in Ukraine . Loans to companies in Turkey exceeded those to Russian businesses each month from April through August, totaling $16.5 billion in the period, according to data compiled by Bloomberg.
Europe's Yields Turn Negative on ECB Rate Cuts, Asset Purchases
Bloomberg's Guy Johnson reports on actions by the ECB including a benchmark rate cut and broadened purchase of asset backed securities. He speaks with Betty Liu on Bloomberg Television's "In The Loop."
Sharon named city president at BBVA Compass
Sharon will represent the bank's interests, working closely with businesses in Bay, Okaloosa and Walton counties.
The Washington Post
CaixaBank to Buy Barclays Spain Businesses for $1.1 Billion
CaixaBank SA, Spain's third-biggest lender, agreed to buy banking operations in the country from Barclays Plc for about 800 million euros in cash to expand its business as economic growth picks up.
Spanish court fails in its attempt to stop U.S. court judgements...
Spain's infamously leftist courts failed miserably in their attempt to block a U.S. court judgement against Cuba's murderous Castro dictatorship.
Wall Street Journal
Europe's Banks Boost Lending in Asia
European banks are lending in Asia at the fastest pace since 2008, attracted by the region's relatively strong economic growth and expanding list of large companies.
Granier, Hill, Vanderstraaten named to BBVA Compass' Dallas advisory board
The new members include Wanda Granier, who is CEO and majority owner of BridgeWork Partners, a Dallas-based human resources recruiting firm.