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Mexican Peso at 6-Year High, Bonds Surge as Yields Stoke Foreign Demand
Mexico's local-currency bonds rose for a second day as the highest yields in two years fueled foreign demand for the nation's fixed-income securities.
First Take: Having conquered its own demons, J.P. Morgan sells its expertise
J.P. Morgan Chase & Co., which has its own experience in cleaning up damage from the credit crisis, may now be peddling its expertise overseas.
Spanish Banks Sapped By Economic Slump
As the Spanish government slashed its economic outlook for the year, three of the country's leading retail banks reported a sharp increase in bad loans in the first half of 2008, setting a precedent for what ...
Mexico's Inflation Accelerated More Than Forecast Through Mid-July on Food
Mexico's consumer prices rose more than analysts forecast in the first half of July on higher costs for tomatoes, tourism packages and electricity.
British Lender Puts Faith In Spanish Bank
A week ago, Banco Santander announced it was in talks to buy Alliance & Leicester.
Mexican Peso at 6-Year High, Bonds Surge as Yields Stoke Foreign Demand
Mexico's local-currency bonds rose for a second day as the highest yields in two years fueled foreign demand for the nation's fixed-income securities.
UK mortgage lender faces takeover
British mortgage lender Alliance & Leicester PLC is in advanced talks about a possible takeover, the company said Monday.
Mexico's Peso at 5-Year High, Bonds Rally as U.S. Stock Gains Fuel Rally
Mexico's peso rose to a five-year high as a gain in U.S. stocks and mounting bets the Federal Reserve will hold off from raising lending rates next month fueled demand for higher-yielding assets.
Mexican Bonds Advance on Bets Central Bank to Hold Off From Raising Rates
Mexico's local-currency bonds rose as some investors bet the central bank will hold off from raising borrowing costs at a policy meeting this week.
Spain's Banco Santander snagged itself another banking bargain after it agreed to buy British mortgage lender Alliance & Leicester for $2.6 billion.
Fubon Financial:Unit Invested US$676 Million In Freddie,Fannie Notes
Banco Santander SA's planned acquisition of Alliance & Leicester PLC is unlikely to raise competition concerns and should relieve regulators of at least one potential victim from the ongoing turmoil affecting ...
Banco de Mexico May Raise Benchmark Rate in Bid to Rein in Consumer Prices
Mexico's central bank will probably raise its benchmark interest rate for a second consecutive month in a bid to curb the fastest inflation in 3 1/2 years.
Van Knapp Likes Banco Santander Too
In Tuesday's article , I created a shootout between Dave Van Knapp and Alexander Green on whether Bank of America or Banco Santander is the better dividend-paying stock.
Natl Australia may buy Abn Amro Australia, NZ
The talks come as Australia's big banks look to diversify their income streams in the face of slowing home loan growth and increased wholesale funding costs.
Santander's Luzon Unhappy at `Unpredictable' Argentina, La Nacion Reports
Francisco Luzon , head of the Latin American business of Banco Santander SA, complained about the lack of clear rules in Argentina, saying the unpredictability of the country was holding back its business ...
Mexican Peso Gains as CPI Data Adds to Interest Rate-Increase Speculation
Mexico's peso gained after the central bank reported that inflation quickened last month, adding to speculation the central bank will raise its benchmark lending rate for a second time this year.
Colombian Peso Rises to Two-Week High vs Dollar on Bets for Higher Rates
Chile's peso rose to a more than one- week high as lower oil prices helped boost demand for emerging- market assets.
Goldman: European banks could need another $94 billion
Goldman Sachs said Friday that European banks could need to raise around 60 billion euros in additional capital, or withhold dividend payments for a year, if recent moves by several banks to strengthen their ...
Mexican Peso Rises After U.S. Report Suggests Weak Economy, No Rate Change
Mexico's peso rose after a report showed a weakening U.S. economy, reducing the chances of a Federal Reserve lending-cost increase and supporting a rate difference that attracts capital.
Banco Santander Central Hispano S.A. - SWOT Analysis - New Research Report on Companies and Markets
The report examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.