A look at UK bank results: How RBS survives the apocalypse it brings
RBS posted gross profits of GBP 1.3 bln from its insurance on GBP 4 bln in Gross premium even as 2011 revenue fell an expected 13% to GBP 28 bln, … Continue reading
S&P confirms its Spain ratings impact | Banking insight
BBVA and Santander were among more than a dozen banks downgraded in Spain after ?Italian Baanks suffered a similar fate last week on the sovereign downgrade impact. Fitch alsolowered ratings … Continue reading
European Sovereign Debt Crisis: It's done (almost there!) Greece has defaulted without accident
As the news ticker everywhere s squawking right now, the investors’ deal post being past, the borrowers will deign the securities to be eexchanged at a rate less than 3.5% … Continue reading
European Banks recapitalization: Italy falls?
On the Contrary, Belgium and Portugal become happier places.. Italian Default Probabilities Rise exponentially overnight even as Belgium and Portugal enjoy good fortune and the Eurozone investors keeps saying … Continue reading
European sovereign debt crisis: Italian downgrade a good pointer to FOMC proceedings
As Silvio Berloscuni continued to invoke great theater and try its best to pass austerity measures of $18 blln hanging fire for more than three months, S&P finally downgraded Italy … Continue reading
The European Sovereign debt crisis – A refresh edition
The European Sovereign debt crisis basics in September The Grecian Economy manage a 8% contraction in Q1 and another 7.3% in Q2 over 2010 and that debt is already trading … Continue reading
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