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Banking / Investment in Spain

  • The immigrant success story that led Spanish police to a Chinese banking behemoth

    CHINA, 2017/08/02 In Spain's Chinese community, Gao Ping was the ultimate immigrant success story. He was a young man at the same time as he arrived additional than two decades ago and took a job as a cook in a Chinese restaurant. By 1997 Gao had opened an import business and begun building a commercial empire that would make him the highest-profile Chinese in Spain. He became a patron of the arts and cultivated political ties in Spain and in his native Zhejiang Province. In 2007, Chinese media carried a picture of him with Spain's King Juan Carlos I. And in interviews he was quoted saying he wanted to become a bridge between the two cultures.

  • Asia and LatAm drive BBVA's positive Q3 results

    SPAIN, 2012/12/07 Spain's bank BBVA posted €9bn operating benefits at the end of the third quarter, with gross benefits up by 13.6% to €17.1bn. The increase in revenue was supported by a balanced diversification between emerging and developed economies, which contributed 57% and 43% of gross benefits respectively, the bank said.

  • Carmignac confirms exposure to Spanish and Italian bank bonds

    SPAIN, 2012/12/07 French manager Carmignac Gestion has increased its corporate bond allocation, following parallel interventions by the European Central Bank and the Federal Reserve, which significantly reduced the supply of bonds on the US market. "Feeling generally optimistic about corporate bonds, we have concentrated our purchases on the European financial sector, especially where discounted," the firm said.

  • Spanish banks will need almost €60b 2012-10-03

    SPAIN, 2012/10/03 更多    

  • Spain: bad bank loans hit record 9.4% high in June 2012-08-20

    SPAIN, 2012/08/20

  • Crisis: Spain takes out 8 bln euro bank loan for regions 2012-07-30

    SPAIN, 2012/07/30
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