Europe Report: Humanitarian Crisis in Greece, SocGen Plans for Losses in...
By Beth Connolly Here’s a survey of today’s stories about European debt: Italian Prime Minister Mario Monti met with Angela Merkel today and warned that Italy may become a populist nation unless it...
View ArticleSpain Finally Realizes It Lacks Productivity Because Employees Are Not At Work
Spain is contemplating a public holiday redistribution that could increase the number of days of work for its citizens, against intense public resistance.The post Spain Finally Realizes It Lacks...
View ArticleWall Street News to Know: April 3, 2012
A quick look at financial, legal, and political news here and abroad, including a Goldman board shake-up, RBC insider trading scandal, Spanish debt restructuring, and more.The post Wall Street News to...
View ArticleGreek Exit Plan, Goldman’s Protest-Free Shareholder Meeting, NYSE & Nasdaq...
NYSE and Nasdaq Face Off for Facebook, Nonsense-Driven Market, Goldman Breezes Through Protest-Free Meeting, Euro Plunge On the Horizon, Mutual Funds Promised Haven, Spain to Recapitalize Bankia,...
View ArticleJPM May Face $4.2Bn 2Q Loss, Time To Buy FB, Bad News From Germany, Spain &...
Today's top Wall Street stories include further developments in the European crisis and bad news about the U.S. economy, as well.The post JPM May Face $4.2Bn 2Q Loss, Time To Buy FB, Bad News From...
View ArticleAs Spain Euphoria Fizzles, Market Value of Lunch With Buffet Spikes: Wall...
The Spanish bailout euphoria didn't last, Goldman Sachs considers a hedge fund sale, banks try to regain public confidence by investing in green, and the winner of Buffett's lunch date.The post As...
View ArticleBBVA Eliminates 24 Banking Jobs in New York, Transfers 40
Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s second-biggest bank, has eliminated 24 banking jobs from its New York office and has offered to transfer 40 others to HoustonThe post BBVA Eliminates...
View ArticleSpain’s Banking Crisis Moves Into the Courtroom
On Wednesday, a Spanish national court judge ordered Rodrigo Rato, a political ally of Spain’s prime minister and former head of the International Monetary Fund, to appear in court to face criminal...
View ArticleOne Of The Financial Industry’s Harshest Critics Joins Board Of Spain’s...
Sheila Bair and Santander executive chairman Emilio Botín. Sheila Bair, who was FDIC chairman from 2006 and 2011 and often butted heads with other financial regulators and the Obama administration as...
View ArticleHistoric trial opens for Spain’s Princess Cristina, accused of tax fraud
Spain’s Princess Cristina went on trial Monday on charges of tax fraud in a historic case heard on the Mediterranean island of Mallorca, not far from a royal palace where she used to vacation — and...
View ArticleFive Chinese bank execs arrested in Spain in money laundering probe
The executives at ICBC have been arrested following a €40m international money laundering investigation by Spanish police and Europol. International police have arrested five directors of Chinese bank...
View ArticleSpain orders money laundering probe against HSBC executives
Spain’s National Court said it is investigating seven current and former HSBC executives in the private banking business charged with money laundering and criminal organization. HSBC’s Swiss banking...
View ArticleSpain Finally Realizes It Lacks Productivity Because Employees Are Not At Work
That’s right…they’re on vacation. A popular European phenomen, which for some reason never caught on in America, is called the “bridge” (or puente). When a legal holiday falls during the week, most...
View ArticleSpain’s Banking Crisis Moves Into the Courtroom
On Wednesday, a Spanish national court judge ordered Rodrigo Rato, a political ally of Spain’s prime minister and former head of the International Monetary Fund, to appear in court to face criminal...
View ArticleOne Of The Financial Industry’s Harshest Critics Joins Board Of Spain’s...
Sheila Bair and Santander executive chairman Emilio Botín. Sheila Bair, who was FDIC chairman from 2006 and 2011 and often butted heads with other financial regulators and the Obama administration as...
View ArticleHistoric trial opens for Spain’s Princess Cristina, accused of tax fraud
Spain’s Princess Cristina went on trial Monday on charges of tax fraud in a historic case heard on the Mediterranean island of Mallorca, not far from a royal palace where she used to vacation — and...
View ArticleSpain orders money laundering probe against HSBC executives
Spain’s National Court said it is investigating seven current and former HSBC executives in the private banking business charged with money laundering and criminal organization. HSBC’s Swiss banking...
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