Formación Académica y Profesional
Matemáticas Fundamentales por UCM, MBA Executive, MBA Financial Markets, PME Certified
IT CIO , Client Executive, Grupo Santander, IBM Global Services , Electronic Data System


The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.

Curso Intensivo de #BIGDATA

Curso Intensivo de #BIGDATA
Contacto :

Clases Particulares para hacer crecer tu Negocio. #Bigdata #DesarrolloCognitivo

Clases Particulares para hacer crecer tu Negocio. #Bigdata #DesarrolloCognitivo
Profesor : José - Vidal Ruiz Varela

#Desarrollo #Cognitivo para Personas entre 15 y 65 años

#Desarrollo #Cognitivo para Personas entre 15 y 65 años
Profesor : José - Vidal Ruiz Varela

Agenda Macro

Agenda de Economía y Finanzas en el Calendario Económico de Español.


Principales Materias Primas

Commodities entregados por

Cotización de las Principales divisas en tiempo real

Cotización de las Principales divisas en tiempo real
e-mail :

Principales Índices Mundiales

El IBEX 35 y los Índices del Mundo son proveídos por Español.

viernes, 27 de julio de 2012

Santander profit sinks 93% on property provisions

MADRID (MarketWatch) 
Banco Santander SA's second-quarter profit sharply undershot expectations Thursday as the Spanish banking giant set aside almost all of its earnings as provisions against real-estate losses in its home market
The bank , the largest in the euro zone by market value, said net profit plunged almost 93% to 100 million euros ($121.37 million) in the quarter, compared with €1.39 billion a year earlier That was significantly below a Dow Jones Newswires survey of eight analyst estimates which had forecast net profit at €1.4 billion
Santander is weathering a deepening economic slump in crisis-struck Spain, where banks are posting meager profit after the government forced them to boost buffers against losses on their vast holdings of toxic real-estate and because demand for loans has withered
The giant lender is compensating for weakness in its home markets with healthy growth in booming Mexico and Brazil
It set aside €1.304 billion to cover losses on its Spanish real-estate exposure in the second quarter, on top of €1.6 billion in the fourth quarter last year, giving it 70% of the amount demanded by the Spanish government.
Chairman Emilio Botin said the move will allow the bank put real-estate write-offs behind it by the end of the year
Income for Santander's main lending activity rose 6.3% to €7.68 billion in the quarter, broadly in line with market expectations of €7.7 billion
Bank stocks tumbled in the months before Spain asked for €100 billion in aid to recapitalize its most troubled banks and have continued to fall in recent weeks on investor concerns that the country could need a full-scale bailout

No hay comentarios: