bank of spain news
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Spanish banker faces jail over US acquisition
Miami Beach :: FL :: USA | 5 days ago
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Blesa was chairman in 2008 when Caja Madrid announced the purchase of 83 percent of City National for $927 million, though he had left the post by the time Caja agreed two years later to buy the remaining 17 percent of the US institution for an
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Spain bank cleanup enters new phase
Brussels :: Belgium | 9 days ago
Credibility
Spain's banking sector cleanup is about to enter a decisive new phase, with new rules forcing lenders to recognize yet more bad debts widely expected to be toughened up as time goes on. Analysts and bankers say the rules released by the Bank of
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TABLE-Spain banks' refinanced loans portfolios
Toronto :: Canada | 12 days ago
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Globe Unlimited now and be the first to know with ROB Insight! A Globe Unlimited subscription also gives you: Full access to all our award-winning news articles and exclusive features High resolution photo galleries and interactive videos Access and
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Spanish Central Bank to Face Suit Over Bankia Bailout
Tōkyō :: Japan | 12 days ago
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The Bank of Spain is facing an unprecedented lawsuit over its alleged failure to warn investors of the problems at Bankia, a giant mortgage lender that was nationalized a year ago, setting off a banking crisis that obliged Spain to seek a bailout
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Spain's economy contracts
Ine :: Japan | 21 days ago
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The gross domestic product contracted 2 percent in year-on-year terms in the January-March period, or one-tenth of a percent more than in the prior quarter. Spain's economy has now contracted for seven consecutive quarters, the INE said. GDP began
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Spain's economy contracts
Madrid :: Spain | 28 days ago
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The rate of economic contraction eased in the period, compared to the fourth quarter of 2012, when the gross domestic product shrank 0.80 percent, the central bank said in its latest bulletin Tuesday. The downturn in Spain's economy is easing as
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Spain central bank: recession continued in Q1
Madrid :: Spain | 29 days ago
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Spain's central bank says the recession continued in the first three months of the year, with the economy shrinking by 0.5 percent, its seventh quarterly contraction. The bank said Tuesday that the drop was somewhat milder than the 0.8 percent
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Spain has EU's largest deficit, hurting pickup
Madrid :: Spain | 29 days ago
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Rajoy is bidding for more time from EU peers to reorder public finances as he aims to end a six-year economic crisis, aided by the European Central Bank's pledge to do whatever it takes to preserve the euro. International Monetary Fund Managing
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Spanish minister sees deeper contraction
Madrid :: Spain | 30 days ago
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S economy will shrink by between 1.0 per cent and 1.5 per cent this year, Economy Minister Luis de Guindos has revealed in an interview in the Wall Street Journal. The prediction revises the government's official forecast of a 0.5 per cent recession
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Spain to seek softer deficit target with EU
Madrid :: Spain | 1 month ago
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Crisis-hit Spain wants the European Union to ease the country's 2013 deficit target to around 6.0 percent of economic output from the original target of 4.5 percent, a government source said Tuesday. Madrid also wants the European Union to agree to
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