Banks in Spain, like in the rest of the eurozone, suffer the consequences of low interest rates, increased competition for a limited amount of new business, and the threat from fintech entrants, Stefan Nedialkov, a Citigroup Inc. analyst, said in a note Friday to clients. In the absence of consol
Date: Apr 01, 2016
Category: Business
Source: Google
Santander Names Jose Antonio Alvarez as CEO, Replacing Marin
We expect continuity, predictability and potentially moretransparency on issues such as capital and strategicpriorities, Citigroup Inc. analysts Stefan Nedialkov andFrancesco Di Giambattista wrote in a note to clients.
aying the value of legacy shares of the bad bank is highly uncertain. Given the uncertain nature of the outcomes (in our view), we choose to be conservative and assign a target price of 0.01, wrote analyst Stefan Nedialkov in a report Monday. The previous rating was neutral/high risk.