Spain’s biggest bank has released its 2Q2015 results with an ordinary attributable profit of EUR 3,426 million in the first half, 24% more than the same period last year. Santander’s ten core markets increased profit, with a particularly important increase in the bank’s three largest markets: Spain, United Kingdom and Brazil.Read More
Spain’s public deficit ranks as the highest one in the eurozone, with the exception of Cyprus. Up to now, a set of exceptional circumstances has allowed for a stance of benign neglect at visible cost. But dangers loom ahead if fiscal rectitude is not firmly enforced.
LONDON | Barclays | The US dollar strengthened after the FOMC left the door open for a September move, although it did not provide any strong signal for the timing of the first hike.
CANCUN (MEXICO) | July 27, 2015 | By Pablo Pardo | A long time ago, in a galaxy far, far away…” the Federal Reserve did not even announce its interest rate movements. Fed watchers had to infer the lending policy of the world’s most powerful central bank just by painstakingly perusing the documents–release, obviously, in paper–of the Fed’s open market operations.