Tag: banks
New year in Spain opens with 150 corruption cases in the courts
Court dates loom for several high profile trials
Bankia sells off unsecured loans
Two American firms have purchased millions of euros worth of unsecured loans
Spain’s ‘toxic’ banks increase property portfolio at alarming rate
The 13 largest banks in Spain increase property portfolio by €6.1 billion in single year
ECB cuts rates causing euro to weaken dramatically
The changes are aimed at forcing banks to lend
Spanish bank borrowing down for 17th month
Less than half of all time high 411 billion euros borrowed from ECB in January
Banco Santander reports 90% profit increase
A drop in bad loans, and a boost in emerging markets, steered Santander to profit surge
Banks go it alone as Spain exits bloc aid programme
Spain praised for turning around its failing banks
Mortgage refinancing on borrowed time
The Bank of Spain said that around one in 12 mortgages had been refinanced over the past few years
Spanish bank borrowing falls as confidence returns
Thirteenth consecutive month of falls in borrowing from ECB
Traveller’s cheques: DO leave home without them
A visitor's holiday funds ran short when banks and hotels refused to exchange his traveller's cheques
EU rejects ‘Cyprus solution’ in Spain
EU denies that savers could see accounts raided to save the euro
6,000 job cuts and 1,100 Bankia branches to close in €36.9 billion bailout
Struggling banks hoping to return to profit in 2013 by slashing jobs and closing branches
Good(ish) news for Spanish banks
Relief as ‘stress tests’ reveal only half its banks need a bailout
Maximilian Bartie: ‘What a banker’
Our resident columnist, formerly of Royal Tunbridge Wells, puts the world to rights
Union enters final stages of three week march across Andalucia
Around 1,300 members of the Andalucian Workers Union have arrived in Sevilla to attend a public meeting
Agony Ant asks Spanish bank customers: Will your deposits be safe?
Antonio addresses the growing uncertainty that customers face in their transactions with struggling banks
‘Junk’ status as Spain asks for bailout
Ratings agency Moody’s took the action against lenders including Santander
How safe is your money if your bank should fail?
Why you should consider possible contingency plans in case things go badly wrong
Victims of illegal equity release scam in Spain take the banks to court
A group of 25 foreign residents, who could lose their homes, have filed a lawsuit in the High Court in Madrid against the banks for crimes of fraud and false advertising
Riot breaks out as family are evicted for failing to pay €24,000 mortgage in Spain
The family with three children were forcibly evicted from their home in Jerez as six police were injured and guns were fired in the air. Exclusive By Jon Clarke
Gibraltar bank sends 40,000 euros to wrong account in Thailand
Olive Press steps in to help woman, after Jyske bank sent 40,000 euros of her money to a third party in Thailand in error. EXCLUSIVE by Anatoly Kurmanaev
Bank book bonanza
Flashback to her childhood in the States as Caitlyn battles with an ATM in Seville
A lot of stress over what exactly?
Olive Press finance writer Ian Le Breton on how the vast majority of Spanish banks have passed the so-called "stress tests"
Hurting homeowners
Reposessions are expected to rocket this year with Andalucia topping the tables
Meltdown confirmed
Prices slump across Spain as US economist Greenspan claims Spanish economy in danger.
Meanwhile banks stop lending on country properties and golf course schemes!
By Jon...