Markets


Roberto Higuera

“German banks haven’t been supervised the way the Spanish have”

By Revista Consejeros | Roberto Higuera, deputy president of Banco Popular: “When they had trouble with Hypo Ryal more than €100 billion were needed, whereas in Spain it turned out that we could do with less than €40 billion. What marked the difference is that Spain had to ask for help, while Germany put the money from its own pocket.”



No Picture

Talking about interest rates

While emerging countries moderate interest rates to keep their currencies favouring exports and economic activity, the euro is appreciating. Does it makes sense?



FT

Botín, the FT and the age limit for bankers

MADRID | By Carlos Díaz Guell | “The FT’s addiction for obsessive and empty criticism over most euro periphery and particularly Spanish matters is getting boring but, nevertheless, worrying.”


No Picture

The Monte dei Paschi effect

The contagion chain between Italy and Spain in the troubled eurozone’s periphery seems to have left Madrid virtually untouched.




US banks

US banks must be kidding the EU

The Worden Report | Expertise in reducing the tax US banks pay in Europe does not make up for the greater ineptitude at those banks, so there is a significant possibility that they will go under.