Analysts believe Ibex 30 companies will press further ahead to increase deleverage, no matter how much risk premiums deflate.
All posts by Victor Jimenez
Eurocrisis back in financial intermediaries’ agenda of economic concerns
LONDON | By Victor Jimenez |Â Considering the recent turmoil in the Eurozone, it is unsurprising that intermediaries are concerned about overall global economic health.
UK banks in search of £25 billion to close capital deficit by 2014
LONDON | The UK’s financial system suffers a capital deficit of up to £25 billion, according to the regulator, a gap that must be covered in 2013 to reach the minimum 7 percent core tier 1 capital ratio target.
The shape of English Euroscepticism
LONDON |Â In a way, the Great English Euroscepticism was irrational until the Eurozone began to burst here and there, and the well-meaning rhetoric of the elites in Brussels and Strasbourg fell into a provincialism-stinking pit.
Foreign investors return to non-Treasury Spanish debt
LONDON/MADRID | Up to 80 percent of all issuances–some €30 billion so far this year–were bought by non-resident investors, proof that confidence is on its way of being restored.
ECB monetary policy runs in the opposite direction
LONDON/MADRID |Â The link between less liquidity and worse economic figures looks clearly defined by the extreme timidity of the ECB and the fact that Germany last March joined France, Italy and Spain in the contraction zone.
Those €120 billion deposited in the ECB
LONDON | Why would eurozone banks still have up to €120 billion deposited with the ECB, instead of using them to prop up businesses and consumption? At zero percent interest rate?
Some eurozone SMEs need more than credit
LONDON | The lack of credit to small business must really worry Brussels, because its own figures have revealed that new firms (younger than five years) are responsible for an overwhelming majority of these new jobs.
French banks warn about higher costs, opacity if interchange fees abolished
LONDON |Â In 2011, 60 million new interbank cards were issued and 7.9 billion transactions recorded: one in every two payments happened in France and the UK, where banks would be the most affected by new interchange fees regulations.
SAP’s Jim Hagemann: “In 2020 there will be up to 200,000 IT jobs vacant in the EU”
LONDON | “It is not about how much an hour of work costs but how much value produces an hour of work if we add technology to the equation.”
