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TEXT-Fitch cuts Santander to 'A' following sovereign action
Feb 13 - Fitch Ratings has downgraded Banco Santander's Long-term Issuer Default Ratings to 'A' from 'AA-' and Viability Rating to 'a' from 'aa-'. Fitch has removed the ratings from Rating Watch Negative .
Spanish judge Garzon disbarred for illegal wiretapping
The highest court in Spain ruled that judge Baltasar Garzon was guilty of illegal wiretapping and barred him from the legal profession for 11 years.
Algoma U gets courted by Spanish admirer
NEWS RELEASE ALGOMA UNIVERSITY *************************** Spanish institution visits Algoma University CESINE Centro Universitario in Sault Ste.
Spain Business Brief - Tuesday February 7 2012
The Government has announced today that they will impulse plans to allow the retired to continue to work if they wish.
Spain Coaxes Banks to Merge With Extra Time to Purge Losses
Spain's new government gave banks an extra year to recognize losses if they agree to merge, as it tries to overhaul the financial industry crippled by the collapse of the nation's property boom four years ago.
Spain Coaxes Banks to Merge With Extra Time to Purge Losses
Spain's new government gave banks an extra year to recognize losses if they agree to merge, as it tries to overhaul the financial industry crippled by the collapse of the nation's property boom four years ago.
Government toughens control on Spain's banks
The Spanish Government is introducing a reform of the financial system and toughening up on the demands for those banks which have real estate assets as part of their portfolios.
Santander, Intesa lead euro zone bank funding thaw
SHERMAN OAKS, Calif. -- Don Cornelius, who created the show "Soul Train," was found dead at his Sherman Oaks home Wednesday morning in an apparent suicide, the LAPD confirms.
Spain Papers Review - Wednesday February 1 2012
El Mundo has a photo of Baltasar GarzA3n in the Supreme Court yesterday in the Franco case.
The spotlight on: Ana Botin, chief executive of Santander UK
'First we give them a free haircut, then we buy them a suit and tieand a manicure.
Spanish court upholds Garzon case
The supreme court in Spain has refused a request to throw out a case against Judge Baltasar Garzon, accused of overstepping his authority.
Santander Quarterly Net Slumps on Real-Estate Charges in Spain
Banco Santander SA, Spain's biggest lender, said fourth-quarter profit plunged as it anticipated tougher rules on recognizing real-estate losses at home and earnings declined in the U.K. and Brazil.
UPDATE 1-Santander 2011 net profit down 35 pct on provisions
Spain's Santander reported on Tuesday 2011 net profit of 5.35 billion euros , down 35 percent after the group took extra provisions against deteriorating real estate assets.
Spain divided over corruption charge against judge who arrested Pinochet
He has put dictators, torturers, terrorists and drug barons in the dock. Now, he himself faces an extraordinary battery of criminal charges.
Spanish bank reform likely to need public cash
Spain's centre-right government is hoping a bank reform package to be unveiled in February will represent a big step towards setting the ailing sector back on the road to health.
ICO soothes unfounded fears of Spanish debt boycott
Spanish agency Instituto de Credito Oficial dispelled any nagging fears that a pulled deal from country peer FADE this week was a result of waning demand for Spanish debt after it raised a further EUR2bn partly on the back of reverse enquiries.
UPDATE 1-Property provisions hit Spain CaixaBank 2011 profit
Spanish bank CaixaBank reported 2011 net profit down 13 percent on Friday in its maiden annual results as a listed bank, after taking hefty provisions against rotten property assets.
Santander may be close to buying Kredyt Bank
Banco Santander has appeared on several headlines in Spain today with newspapers reporting that the Spanish bank may be very close to tying up a deal forKBC's Polish unit Kredyt Bank.
Renowned Spanish Judge Goes on Trial, Accused of Abusing Power
Baltasar Garzn, a high-profile Spanish judge who garnered international renown by pursuing political leaders, including Gen.