Spain aims to close sale of nationalised NCG bank by year-end
A sale of nationalised Spanish bank NCG Banco, a former savings bank based in the north-western region of Galicia, should be wrapped up by the end of the year, the head of Spain's bank restructuring fund Fernando Restoy said on Wednesday.
Mon Dec 02, 2013
Italy And Spain Move To Help Banks
European banks continue to be engaged in deleveraging. It is partly driven by new capital requirements and partly by preparing for the next year's ECB's asset quality review and stress test.
Madrid, Barcelona among those fined over TV rights
The hefty penalties were given to Mediapro and the four clubs for agreeing to four-year contracts on TV rights when only three years is allowed.
Santander rebranding means business for two local sign companies
This fall's rebranding of Sovereign Bank to Santander Bank has meant more business for two local sign companies.
Fri Nov 29, 2013
UPDATE 1-Spanish tweaks tax rules to give banks a 30 bln euro boost
Spain gave its banks a 30 billion euro capital boost on Friday by allowing them to transform part of their so-called deferred tax assets into state-backed tax credits and count them as core capital under new global banking rules.
Thu Nov 28, 2013
UPDATE 1-Santander's Mexican unit to pay dividend of up to $1.3 billion
Spain's Santander said its Mexican unit would pay a special dividend and issue subordinated debt in an operation that would strengthen and diversify the Latin American bank's capital.
Wed Nov 27, 2013
Banco Santander: Should You Buy This 9% Yielder?
Banco Santander is a global, multinational bank based in Spain. It was founded in 1857and has nowadays about 187,000 employees across several countries.
Tue Nov 19, 2013
Spain launches sale of nationalized lender NCG Banco
Spain's bank restructuring fund said on Tuesday it had formally launched the sale of nationalized lender NCG Banco, one of three banks still controlled by the state following a European bailout of the country's financial system last year.
UPDATE 1-Domtar to buy diaper maker to expand personal care business
Canadian paper and pulp products maker Domtar Corp said it would buy privately held Spanish diaper maker Laboratorios Indas, as it tries to expand its personal care business and reduce exposure to weak pulp prices.
Mon Nov 18, 2013
The Miami Herald
Spanish royalty in Miami to celebrate 500-year link to Florida
Miami welcomed Spanish royalty two days in a row as Prince of Asturias Felipe de Borbón and Princess Letizia Ortiz basked in the recognition that began on Sunday at the opening of the Miami Book Fair International and culminated Monday with dinner, speeches and awards.
Wed Nov 13, 2013
Pictured: Devastated gorilla mum whose daughter died last year gives birth again
When Chelewa accidentally crushed her daughter last year, she stayed close to the lifeless body and tried to bring her back to life This gorilla mother lost her daughter in a tragic accident, but now she is full of the joys of parenthood once again.
Mon Nov 11, 2013
Metrovacesa receives two offers for Gecina stake: report
Two funds have put in non-binding offers for Spanish property firm Metrovacesa's 26.7 percent stake in French peer Gecina and a Canadian pension fund put in an offer by a deadline on Friday, as did Orion with Credit Agricole's ( Metrovacesa was taken over by Santander and other creditors after Spain's property market crashed in 2008 and it could ... (more)
RPT-Fitch revises outlooks on 3 Spanish covered bonds to stable on bank and sovereign reviews
Fitch Ratings has affirmed the ratings of the following Spanish covered bonds programmes and revised their Outlooks to Stable from Negative: - Cajas Rurales Unidas Sociedad Cooperativa de Credito's cedulas territoriales , affirmed at 'BBB'; Outlook revised to Stable from Negative The revision of the rating Outlook of Santander's and CLCC's CH ... (more)
Fri Nov 08, 2013