News
Successful Barcelona Seminar Summary April 17 2012
An Insight into Successul Financial Planning in Spain Seminar was held at the Granados 83 Hotel, in Post seminar discussion over tapas and Cava on the roof terrace of the Granados Hotel Barcelona recently. Over 50 english speaking foreigners attended the event. Short, informative presentations by Standard Bank, JP Morgan and Skandia were conducted. Sheena Madrall, Standard Bank Discussed the QP8 product details, including a 7% interest on the money invested for...
Outlook for Gold
Gold is always an interesting object of investment, largely because its performance often operates relatively independently with relation to overall economic markets. This leads some people to trust gold more, and some to trust it less, but regardless of which view you hold, it does make it necessary to look at gold as a separate economic entity, rather than as a portion of the overall market. For those who do choose to invest in gold, there are a number of convenient and simple...
Spanish banks bad loans
The Bank of Spain has announced that the amount of bad loans to Spanish banks is 7.9% of the total loan portfolio. As a number this does not sound too bad, yet this is a record high for bad loans. Also the increase in bad loans between December 2011 and January 2012 was 4.2 Billion euros, taking the total to 140 Billion euros. Reuters are reporting “More Spaniards are defaulting on loans as the country slides back into recession and the unemployment rate, already the...
Financial Times – Financial markets news- Asian shares drop on eurozone fearsJapan’s Nikkei 225 falls to a four-month low as investors dump risk assets […]
- Bankia hit by report of withdrawalsPart-nationalised lender’s shares placed ‘under auction’ by regulator after it loses more than a quarter of its market value in Madrid […]
- Retailers fail to boost US equitiesWall Street retreats despite gains for Sears and Walmart after strong earnings reports, with JPMorgan loss continuing to damp financials […]
- Asian shares drop on eurozone fears
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