Catalonia’s Independence Strife Turns into Financial Showdown
Will Spain’s central government blink (again)?… Read More Catalonia’s Independence Strife Turns into Financial Showdown
Category: Spain
Former TBTF Banking Chief Found Dead in Dubious Circumstances
Blesa is not the first alleged white-collar criminal in Spain to have died in mysterious circumstances in recent years… Read More Former TBTF Banking Chief Found Dead in Dubious Circumstances
Fueled by Global Investors, Home Prices Go Nuts in Barcelona
“You could sell ten flats in a day” to Chinese investors on real estate excursions.… Read More Fueled by Global Investors, Home Prices Go Nuts in Barcelona
Catalonia and Spain to Push Each Other into Financial Abyss?
If Catalonia defaults, given the debts it owes Spain, markets would see it as a Spanish default… Read More Catalonia and Spain to Push Each Other into Financial Abyss?
Autopsy of Banco Popular Shows Fragility of EU Banking System
What would a disorderly bank collapse in Spain and Italy have done?… Read More Autopsy of Banco Popular Shows Fragility of EU Banking System
Fear of Contagion Feeds the Italian Banking Crisis
At first, deny, deny, deny. Then taxpayers get to bail out bondholders… Read More Fear of Contagion Feeds the Italian Banking Crisis
Is Another Spanish Bank about to Bite the Dust?
Bank investors don’t like not getting bailed out. Now they’re worrying it could happen again… Read More Is Another Spanish Bank about to Bite the Dust?
“Bail-In” Era for Europe’s Banking Crisis Begins
Many Banco Popular investors wiped out. Taxpayers off the hook. What it means for Italy… Read More “Bail-In” Era for Europe’s Banking Crisis Begins
Shock Waves Spread from Spain’s New Banking Crisis
Has the time finally come to test the EU’s bail-in law?… Read More Shock Waves Spread from Spain’s New Banking Crisis
Banco Popular’s Co-Co Bonds Plunge as Balance Sheet Chaos Revealed in Potential Forced Sale
“This sales process is atypical, as the seller itself cannot at this point make a rough calculation of what the value of the entity is, and if they can’t, neither can we.”… Read More Banco Popular’s Co-Co Bonds Plunge as Balance Sheet Chaos Revealed in Potential Forced Sale
Catalonia Threatens Spain with “Financial Bloodbath”
Spain’s defense minister María Dolores de Cospedal likened the plot to a coup d’état… Read More Catalonia Threatens Spain with “Financial Bloodbath”
Hit by Run on Deposits, Banco Popular Denies it’s Looking for Rushed Takeover to Avert Collapse
Spain’s 6th largest bank: “We have liquidity until the end of the year”… Read More Hit by Run on Deposits, Banco Popular Denies it’s Looking for Rushed Takeover to Avert Collapse
