Spanish Bank Banka massive Customers withdraw money: 1 billion a week. And the Greeks took only months, over 800 million

Customers Spanish bank Banka, nationalized last week because of the serious situation which is, last week withdrew more than 1 billion euros from the accounts, according to Thursday’s edition of the newspaper El Mundo, Reuters. div new president of the Bank, Jose Ignacio Goirigolzarri, informed the board that customers withdrew their money More...

by Financial Advisor | Published 19 hours ago
By Jim Rodric On Saturday, May 19th, 2012
0 Comments

Spanish Bank Banka massive Customers withdraw money: 1 billion a week. And the Greeks took only months, over 800 million

Customers Spanish bank Banka, nationalized last week because of the serious situation which is, last week withdrew more than 1 billion euros from the accounts, according to Thursday’s edition of the newspaper More...

By Johnson Wayne On Friday, May 18th, 2012
0 Comments

16 Spanish banks, downgraded by up to three stops. Madrid Stock Exchange dropped to the minimum the last 9 years

Moody’s downgraded the ratings of 16 Spanish banks, including Santander and BBVA. Agency action motivates the economic recession, rising losses from bad loans and reduced ability of the government in Madrid More...

By Pierre de Croux On Friday, May 18th, 2012
0 Comments

Thieves attack, more recently, in the stores POS. How do you recover money stolen during the card payments VIDEO

divMunteanu Felicia was on vacation when he learned that one account was emptied. “ I was called by an agent of the bank in Bucharest, who told me that my account had been transferred some money. I was told More...

By Johnson Wayne On Thursday, May 17th, 2012
0 Comments

Fitch: Top 29 global banks may need additional capital of 556 billion dollars

divdiv rating agency examined 29 banks deemed systemically important G20 leaders worldwide, they are obliged to increase its capital adequacy ratio to 9.5% until early 2019, Mediafax. Of these banks, 17 are from More...

By Jim Rodric On Thursday, May 17th, 2012
0 Comments

ECB monetary operations off with some banks in Greece. Four financial institutions became insolvent as

divECB perform operations refinanced only with creditworthy banks. Without access to funds ECB , banks should seek emergency financial assistance to Bank of Greece. It is not clear how many banks are affected More...

By Anastasia Botkin On Wednesday, May 16th, 2012
0 Comments

Director of operations of NBR, Serban Matthew, will represent Romania at the IMF, instead of Mihai Tanasescu

divdiv “Serban Matthew will take a position representative of Romania at the end of this summer”, said sources close of Tuesday. Matthew in 1992 graduated from the Faculty of Finance and Banking More...

By Pierre de Croux On Wednesday, May 16th, 2012
0 Comments

Employees pay for a mistake of $ 2 billion. JP Morgan, American justice in sight

JPMorgan Chase, the largest U.S. bank, is considering recuperearea bonuses from several former and current executives and employees, including former chief investment officer Ina Drew, whose division has unveiled More...

By Financial Advisor On Tuesday, May 15th, 2012
0 Comments

26 Italian banks were downgraded by Moody’s. The reaction was not late to come: “It is an attack on Italy”

UPDATE: Moody’s downgraded the ratings of 26 Italian banks, with one to four steps. These include UniCredit and Intesa Sanpaolo and groups. Agency financial institutions accused profits decline and deterioration More...

By Madison Alyssa On Tuesday, May 15th, 2012
0 Comments

For now, Moody’s downgrade banks delay. Financial institutions and could lose shine

Moody, AOS will delay downgrading ratings of over 100 banks to assess the loss probability of dissolution JP Morgan and the euro area, said an official of the financial rating agency, quoted by Bloomberg. Agency More...