The Hedge Fund Association (HFA) has appointed José Castellano, managing director of Pioneer Investments, as director of a new southern European Union chapter for the organisation.
The financial crisis has caused a strong decline in investment from households in Spain and a significant restructuring of portfolio assets, according to Julio Segura, president of the Comisión Nacional del Mercado de Valores (CNMV), Spain’s market regulator....
Henderson Global Investors has hired Javier Cuellar (pictured) as portfolio manager for its Spanish office, part of its £12.4bn property arm.
Spanish banks will need to make extra provisions to cover their real estate and construction industry bad loans, according to local press reports.
Investors and banks are anxiously waiting for Mariano Rajoy, Spain’s next prime minister, to clarify how he intends to resolve the country’s enduring banking crisis.
Fitch Ratings has downgraded Portugal's long term foreign and local currency issuer ratings to 'BB+' from 'BBB-' and short-term rating to 'B' from 'F3' with a negative outlook.
Spanish banking group BBVA has launched a new management and advisory service for its clients that combines remote access, personalized financial advice and virtual banking.
Spanish investors hope the incoming government will set to work quickly and announce what measures it will implement to help resolve the country’s economic and financial crisis.