Bondholders launch legal action against Banco Popular resolution
Banco Popular was sold to Banco Santander for €1...
Tag : Spain
Jumio partners with Branddocs for expansion into Spain, LATAM
Jumio to provide digital verification security for eID and Trust Services provider...
Banco Santander’s Q4 profit rose to 1.6 billion euros
For 2016, Spain’s biggest bank reported net profit of 6.2 billion euros IFM Correspondent January 27, 2017: Banco Santander SA said fourth quarter profit rose to 1.6 billion euros on lower provisions for bad loans and higher income from fees and from its business in Brazil. Spain’s biggest bank boasted a 4 percent rise in...
UK Black Friday growth may surpass that of US
Global online retail analysis reveals rise in UK spending while US shoppers migrate to cyber Monday IFM Correspondent November 24, 2016: The UK is set for higher online Black Friday retail spending growth than the US, according to new data from Ingenico ePayments, the online and mobile division of Ingenico Group. Ingenico ePayments’ global analysis of online retail...
Inflation in Venezuela is expected to touch 700%
Many citizens can no longer afford to feed themselves leading to protests Marcus Turner Jones September 23, 2016: Venezuela remains in crisis, facing the largest demonstrations that the country has ever seen. The scale of the crisis has caused President Nicolas Maduro to declare a ‘constitutional state of emergency’, with rival pro and anti-government activists...
Get your tax affairs in order
Raids on Google in Spain and France indicate just how much importance is being placed on tax evasion by authorities across the world Aziz Rahman August 10, 2016: In June, tax inspectors raided Google’s offices in Madrid, Spain. Just over a month earlier, dozens of investigators went into Google’s offices in Paris, France to examine...
Dim outlook for Europe in 2016
Challenging political landscape, persistent high unemployment and a weak euro are a few of the challenges Suparna Goswami Bhattacharya February 2, 2016: Europe had been in the news in 2015, not every time for the right reasons though. Grexit, the Volkswagen scandal, migration crisis, Paris attacks were some of the low points which made economists...
Exports, Austerity Help Spain Recover from Recession
Based on a growth prediction of 0.7 percent the Spanish budget for 2014 included less cuts and greater stimulus. 7th October 2013 Spain’s Prime Minister has presented its most pain free budget in many years, banking on a nascent economic recovery gathering steam in 2014. Based on a growth prediction of 0.7 percent the Spanish...