Spain
BBVA gets capital relief through synthetic securitisation
Second deal with European Investment Bank frees up balance sheet for lending
Santander reaps capital benefit with close of toxic asset sale
The bank aims to have CET1 above 11% by end-2018
Risk transformation of a zero-subsidy wind portfolio
Joaquin Narro analyses the hedging of a hypothetical zero-subsidy wind portfolio with base load products in the futures markets
Power traders slam Spain’s mooted plant closure rules
Tougher closure criteria would distort power prices and harm functioning of the market, say traders
Deloitte valuation boosts legal hopes of Popular bondholders
Experts point to quick and unreliable valuation, and lack of independence on liquidity assessment
Upholding values: bondholders demand resolution transparency
Banco Popular case could have wider implications for future bank bail-ins
Front-office backlash: the EU gets tough on research unbundling
Three EU watchdogs – including CNMV and AFM – say front-office content can still be Mifid II research
No safety net: EU urged to accelerate bail-in buffers
Without MREL or TLAC, governments are at mercy of private buyers for failed banks
Risk España Rankings 2016
Global banks advance in the scramble for supremacy
Tech pioneers stay ahead of the pack
Sponsored Q&A: Altura Markets
Best in Spain: Commerzbank
New payoffs and underlyings enhance yield opportunities
Spain to launch structured product risk ratings
Critics say rule will “collide” with Priips requirements
Southern Europe securitisation markets thrown lifeline in EC plan
New rules ease treatment of ABS from countries with low credit ratings
Risk España Survey 2015: All quiet on the clearing front
Almost two-thirds of respondents say they are not clearing OTC swaps, up from 53% in 2014
Risk España Rankings 2015
Steady as she goes
Structured product sales approach pre-crisis highs in Spain, say bankers
Falling deposit rates and positive returns boost sales
Best in Spain – BBVA
Best in Spain
Fatca FFI draft agreement finally released
Long-awaited document sheds light on compliance requirements
Inversis taps demand for CLNs on Spanish corporates
Increased activity in credit-linked notes based on Spanish corporates has been the main feature of Inversis Banco’s latest structured product offerings. Jonathan López hears how Spanish investors are regaining confidence on local names that suffered…
Ibex 35 finds favour with foreign investors
Ibex 35 finds favour with foreign investors
Death benefits in UK annuities 'should be eligible for revised Solvency II matching adjustment’
Products with five-year guarantee period should be deemed immaterial under Eiopa’s new criteria, say actuaries
CaixaBank revels in the end of the deposit wars
To Euribor and back
Risk Espana survey 2014: Spanish banks play catch-up as regulation looms
Respondents to Risk España’s survey expect to see declines in over-the-counter derivative volumes as a result of regulation and believe less than half the OTC market’s total notional value will be eligible for clearing
Risk Espana rankings 2013
Spanish fiesta turns cold