Ireland returns to 10-year bond market
Ireland on Wednesday returned to the 10-year bond market for the first time since it benefited from an international bailout in 2010.
Archive | March, 2013
Italian Intesa Sanpaolo returns to profit in 2012
Tuesday, March 12, 2013
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Italy’s second largest bank, Intesa Sanpaolo, on Tuesday reported a 2012 consolidated net profit of 1.61 billion euros ($2.09 billion), returning into the black after a previous net loss of 8.19 billion euros a year earlier when the results were heavily weighed down by one-time costs.
Spanish ‘bad bank’ starts shifting problem assets
Tuesday, March 12, 2013
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The “bad bank” set up to purge Spain’s crisis-hit finance sector has begun operating and aims to sell off 1.5 billion euros’ worth of toxic assets in 2013, the government said on Tuesday.
Spanish ‘bad bank’ starts shifting problem assets
Tuesday, March 12, 2013
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The “bad bank” set up to purge Spain’s crisis-hit finance sector has begun operating and aims to sell off 1.5 billion euros’ worth of toxic assets in 2013, the government said on Tuesday.
Spain’s short-term borrowing costs ease
Tuesday, March 12, 2013
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Spain’s borrowing costs eased as it sold 5.832 billion euros in short-term debt on Tuesday, in a sign of further-strengthening market confidence in the crisis-hit country.
Creditors to iron out differences with Greek PM
Tuesday, March 12, 2013
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Greece’s international creditors will meet with Prime Minister Antonis Samaras on Tuesday in an attempt to iron out differences on reform measures required to open access to scheduled loans.
Deutsche Boerse head nominated to UBS board
Tuesday, March 12, 2013
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Swiss banking giant UBS said Tuesday it would nominate German stock market chief Reto Francioni to its board after the former head of Lufthansa, Wolfgang Mayrhuber, had opted not to stand for re-election.
Greece appoints third privatisation chief since July
Monday, March 11, 2013
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Greece on Monday appointed its third privatisation chief in a less than year as it struggled to speed up delayed state asset sales to meet bailout goals.
Asian markets mixed, China data offsets US jobs news
Monday, March 11, 2013
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Asian markets were mixed Monday after another record-breaking performance on Wall Street while Shanghai dipped as disappointing economic data fuelled concerns about China’s economy.
Wall St. Raider Icahn defends Dell assault
Saturday, March 9, 2013
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Wall Street raider Carl Icahn defended his twin attacks on computer giant Dell and offshore oil rig operator Transocean, saying such companies need “shaking up” for shareholders’ benefit.
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Wednesday, March 13, 2013
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