Deutsche Bank | The 2025 fourth-quarter earnings season for Spanish banks will begin with Bankinter on 22 January and conclude with Sabadell on 6 February. Overall, we expect another solid quarter, with little change in the trends seen in Q3 2025, although with some seasonal adjustments typical of Q4. Net interest margin is likely to confirm a further recovery, helped by volumes, despite some additional effects from the interest rate…
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CdM | The unemployment rate fell slightly in November in the Eurozone, to 6.3%, one tenth below the previous month’s figure, but one tenth higher than the previous year’s figure, according to Eurostat, the statistical office of the European Union (EU). Across the EU, the unemployment rate stood at 6% in November, stable compared to October and higher than the 5.8% recorded in the same month in 2024. Compared to…
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Bankinter | Chinese authorities ban the use of cybersecurity products from American and Israeli companies for national security reasons. Among the names mentioned are Palo Alto, Fortinet, CrowdStrike, SentinelOne, CyberArk and even companies such as VMWare (acquired by Broadcom), Mandiant and Wizz (acquired by Alphabet) and Orca Security and Cato Networks (acquired by Thales). Bankinter analysis team’s view: This is a further step by the Chinese authorities to protect local…
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Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…
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In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…
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