Results for Santiago
- Spanish Bank Seeks a Savior
A small, troubled Spanish bank controlled by the Catholic Church is looking for a savior as it comes to terms with the massive loan losses that are shaking Spain's network of small savings banks, The Wall Street Journal reported. Cordoba-based C ...
Daily Headline - global.abi.org - 07/22/2009 - 11:00 - 0 comments
- PDIC Takes Over Rural Bank in Cagayan on BSP Order
The Philippine Deposit Insurance Corp. (PDIC) recently took over the operations of a rural bank in Cagayan Valley following an order of the Bangko Sentral ng Pilipinas’ Monetary Board for its closure due to P77 million in deposit liabilities, the Busin ...
Daily Headline - global.abi.org - 06/02/2009 - 09:21 - 0 comments
- Mexico’s Fiscal Prudence Fails to Avert a Slowdown
Twice in the last three decades, Mexico has demonstrated that one country’s profligacy and mismanagement can spell economic catastrophe beyond its borders. In 1982, the country defaulted on its foreign debt and set off a Latin American debt crisis that l ...
Daily Headline - global.abi.org - 04/13/2010 - 15:29 - 0 comments