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December 10, 2010 |

Madoff Trustee Churns Out Suits Right Up to Deadline

Madoff trustee Irving Picard spent two weeks frantically filing civil suits before the statute of limitations deadline -- including a $19.6 billion suit against an Austrian banker.
3 minute read
January 28, 2011 |

Chile December industrial production exceeds estimates

Chile's industrial output grew faster than forecast and retail sales surged in December, bolstering speculation the central bank will resume interest rate increases next month.
3 minute read
February 23, 2011 |

Brazil's rising FDI helps finance current account deficit

Foreign direct investment in Brazil rose more than economists expected in January, helping finance a current account deficit that surged to a record for the month, the central bank reported.
2 minute read
November 18, 2010 |

Banorte to buy Mexico?s Ixe Grupo for $1.31 billion

Grupo Financiero Banorte SAB, Mexico's third-largest lender, agreed to buy Ixe Grupo Financiero SAB for 16.2 billion pesos ($1.31 billion) to expand in the nation's capital and gain wealthier customers.
3 minute read
May 02, 2011 |

Finding big-enough table tough during $737 million debt deal

Carlos Viana helped a major Spanish bank lead a $737 million debt restructuring agreement with so many parties that few offices had facilities to handle everyone at negotiating sessions.
3 minute read
January 10, 2011 |

Chile consumer prices unexpectedly rose in December

Chile's consumer prices unexpectedly rose in December from the previous month and climbed more than forecast on an annual basis, increasing the probability that the central bank will raise interest rates next week.
3 minute read
December 06, 2010 |

Chile's economy grew 4.8% October, missing estimates

Chile's economic activity increased less than economists forecast in October from the previous year, the central bank said on its website today.
2 minute read
December 17, 2010 |

Spain's banks face revenue drain in 2011 on funding costs

Spain's banks, burdened this year by rising defaults and flagging credit demand, will face further pressure in 2011 as funding costs eat away at the returns on their stock of home loans.
6 minute read
October 01, 2010 |

Find a Partner

When the European Union published the results of bank stress tests, Spain's troubled S&Ls dominated the list. That was just the latest spur to the country's banking merger mania.
13 minute read
August 12, 2011 |

Short selling of stocks banned in France, Spain

France, Spain, Italy and Belgium's bans on short-selling may fail to reverse the fall in financial stocks and instead may concentrate bets against banks elsewhere in Europe, according to lawyers, investors and academics.
6 minute read

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