MADRID | By Carlos Díaz Guell | The days of over-protection and unflinching pride are a thing of the past. At this stage, the curtains have been lifted for good in Spain. Corporations with a good level of international exposure, sound cash generation, proven growth and sustainable sales cannot escape the net of foreign investors.
SAO PAULO | By Marcus Nunes | “The past few days have made it overwhelmingly clear that the Fed is steering this recovery. That should be comforting; all it has to do is steer things in a more expansionary direction! But it isn’t.”
MADRID | By Luis Arroyo | Monetary policies are a by-product of politics, after all, and in Europe, politics are tightly controlled from Berlin, which will probably use the Fed’s reaction as example of what the ECB must do.
BARCELONA | By CaixaBank research | In spite of improvements, access to financing is still a problem for the periphery’s business sector. Specifically, 22% of SMEs in periphery countries state that access to financing is their main problem compared with just 11% in the core.
WASHINGTON | By Pablo Pardo | Maybe this time Bernanke is just trying to provoke a mini-crash to lay the foundations for a progressive withdrawal of the monetary stimulus in 2014 or, maybe, 2015.
BARCELONA | By CaixaBank research team | A significant narrowing of spreads has been decisive in reopening a window for corporate bond issuance in the periphery countries which is still open today.
MADRID | By JP Marín Arrese | Depriving the ECB of the capacity to deal with ailing entities does undermine its authority as a supervisor in a Banking Union.
MADRID | By Raimundo Poveda, former director general of banking regulation at Bank of Spain | Liquidity ratios may be Basel next error: a compulsory ratio of liquidity that shall enter into force in 2015.
SANTANDER | By A. Laso | Spanish banks association’s president is optimistic about weak entities paying back future help packages after they are restructured into the private sector.
LONDON/MADRID | To compensate the news of a banking bailout limitation, the Eurogroup today may bring up a few tricks: the protection of SMEs’ non-guaranteed deposits of up to €100,000.