Companies


Santander US holding

Analysis: Fed delivers a scathing blow to Santander bank

MADRID | March 13, 2015 | By JP Marín ArreseThe quantitative test conducted under the Dodd-Frank Act showed a comfortable capital cushion for all eligible banks. Yet both Santander and Deustche Bank subsidiaries blatantly failed the qualitative review undertaken by the Fed under the Comprehensive Capital Analysis and Review (CCAR). In short, the banking supervisor considered their capital plans and risk management to be utterly inconsistent. It has delivered a damaging blow that should prompt swift action to redress such an appalling outcome. Santander has already announced a major overhaul in its US banking arm, but the Group as a whole badly needs to address its failures. 



FashionWeek2015 TC

FW15: Extreme FX environment is benefitting Europe

BNP Paribas | March 11, 2015 | Fashion companies are showing their prudent confidence, pushing more sales through their stores, pricing, product innovation, digital and self-help. The sector is experiencing a rebound triggered by the ECB’s intervention and the euro weakness.


Bankia

Why Bankia’s dividend matters

MADRID | March 4, 2015 | By Fernando G. UrbanejaNo financial entity which enters a crisis and needs an external rescue retains its identity. Usually it just becomes integrated into another financial group which allows for a change of brand. Bankia may be the first exception to the long list of Spanish financial crises of the last half century. 


Telefonica cercanaTC

Investors celebrate Telefonica’s dividend

MADRID | February 26, 2015 | By Francisco López Small savers are penalised most heavily by zero-interest rate policies and what they appreciate most at the moment is good profitability through dividend payment. Stock market experts recommend betting on solid companies that pay high dividends to shareholders, and Telefonica certainly falls into that bracket. The company’s 2014 results showed a 34% drop in profit, but the tech giant has committed to sustainable and increased dividend payments in the future.


No Picture

EU markets opening

MADRID | The Corner | February 25, 2015 | Spanish telecom giant Telefonica reported a drop of 34.7% in net profit, although investors celebrated revenue picture  brightening up. Elsewhere, the Spanish Producer Price Index falls again, registering a drop of 2.8% for January.