FCC’s refinancing deal captures Spain’s market chatter today



BANKINTER. IMF believes a banking sector bail-out would be likely in the event of increase in systemic risk. The organism recommends to create a tax for largest banks (the too big ones to fall) aiming at boosting financial stability, rise the capital requirements and reduce larger entities’ size to minimize risks.

ACF. Santander buys BNP private banking unit in Miami. The Spanish bank considers the results improvement goal and the interest rate rise prospects.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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