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Articles by Victor Jimenez

About the Author

Victor Jimenez
London contributor at thecorner.eu, reporting about the City and the Eurozone economies. He regularly writes for Spanish newspaper group Prensa Ibérica--some of his features include shared work with journalists of The Daily Telegraph and the BBC.
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Companies 6th July 2012

Santander branded best global bank in Euromoney’s Awards

LONDON | Spain's giant Santander must be doing something right. Santander was named best global bank while Deutsche Bank was awarded the title of best global investment bank at Euromoney’s Awards for Excellence ceremony in London last night. The best global bank award was collected personally by Santander’s chairman, Emilio Botín, a gesture that probably intended to demonstrate his UK shareholders and clients that the British branch have a top place…

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Spanish economy 5th July 2012

Catalan external balance goes foreign

The implications of recent developments in Catalonia's export activity are bound to agitate the political scene of the region more than its economic stand, which remains at a deficit of around €15 billion. According to the statistics institute of the autonomous government, the Generalitat, Catalan exports to non-Spanish markets in 2011 were higher for the first time than those to Spain: the regional department for the Economy said the international trade percentage…

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Markets 3rd July 2012

Barclays and the European free markets: the enemy within

LONDON | Whether it is electoral incentives or sincere concern what compelled the UK government to call for supervision from outside the banking sector, free market advocates must have felt an acute sense of betrayal. On Tuesday, the Chancellor of the Exchequer George Osborne no only reminded the City that the British Bankers Association members will not see a penny of the £290-million fine that has been imposed to Barclays…

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In Europe 2nd July 2012

The ephimeral Olympics’ effect

LONDON | How much the £16.5-billion pill administered by the London 2012 Olympics will help reinvigorate the British economy is shortly to become a matter of debate. The figure came Monday under the signature of Lloyds TSB, which released a research study that forecast increasing activity until 2017 across key sectors like construction and tourism. Just weeks before the celebrations, the City seems drawn to spark the discussion. Indeed, investment…

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In Europe 29th June 2012

The resurgence of the euro periphery

LONDON | It is a raging war what today burns within the Madrid-Rome-Berlin triangle, and with the survival of not only the European common currency but the future of the United States of Europe at the epicentre of the negotiations. Painful obedience has evolved into a tense, dynamic partnership. The stiff stillness imposed by the German Chancellor Angela Merkel as the most powerful economy representative has for once been broken…

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Markets 29th June 2012

Well done, hedge funds!: Friday’s chart

Hedge funds are better at fighting back amid terrible economic conditions and financial weather. Just look at the graphic. According to the FT Lexicon, they are investment funds that aim to meet high targeted returns using aggressive trading strategies that involve the movement of large amounts of capital from one market, asset class or currency to another. According to most European politicians, though, they are the greediest of the market…

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Markets 28th June 2012

The European Council has mainly disappointed expectations

In five out of nine times that the European Council has met since January 2011, market expectations have been missed. Analysts at BNP Paribas have done the research, which supports the heavy air of pessimism surrounding this Thursday's euro summit that is set to present some sort of action plan on Friday. “Although it is improbable that we get a final solution to the euro area crisis,” BNP Paribas said…

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Markets 28th June 2012

Rise in trade with emerging markets unlikely to offset UK’s euro dependency

LONDON | By 2026 the UK could have increased its international business activity a booming 66 percent. The latest Global Connections trade forecast this week from HSBC Commercial Banking predicted that emerging markets will experience a tipping point in the balance of trade power, where imports will grow faster than exports within the next five years. That's opportunity for British ears. how to get your ex back According to official data,…

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Interviews 25th June 2012

Three silver lines in the euro sky

LONDON | You needn't be a bureaucrat in the payroll of any of the myriad of euro institutions to launch a campaign that points at the various strengths the common currency area still possesses. Day after day, whether it's new developments in politics or foreign direct investment balances, some piece of data brings up the surprising resilience that wows non-euro observers. Amid the sorry situation of the euro estate, JP…

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Markets 18th June 2012

The Greek negotiations

how do you get a ex girlfriends trust back if it been months After New Democracy's win in the recent general elections in Greece with 29.8 percent of voting support, a coalition with Pasok seems the most reliable option. Together, both parties would gather 162 parliament seats and a sufficient majority (overall majority is obtained with 151 seats) to raise a stable government favourable to accept further austerity measures from…