The vulture funds and fly the flats seized in the Spanish banking
“Two weeks ago we met with a fund that wants to buy between 60 and 70 million in properties in the portfolio of a bank or Spanish. The next day 8 held a meeting in London with seven or eight such investors, “said Fernando Acuña, Managing Partner of Taurus Iberica, management firm specializing in mortgage and real estate assets from banks and savings banks.
How many more will pay commissions in 2011 by the new Law on Payment Services
In recent weeks, customers of financial institutions are receiving some letters that refer to a change in contracts for payment services (payment accounts, remittances, transfers, direct debits and card payments, etc. ) pursuant to Law 16/2009 Payment Services. The bank informs us by mail that the changes are communicated to us the benefit of consumers and do not affect economic conditions and contracted products (accounts and cards).
The Saudi oil is running out, according to cables obtained by Wikileaks
The cables obtained by Wikileaks and published by The Guardian, urged Washington to take seriously a warning from a Saudi oil industry executive that the reserves in this country may have been exaggerated by 300,000 million barrels, almost 40%.