Nick Anderson

Euro Banks May Have $386 Billion Capital Deficit, Berenberg Says

A review of asset quality by euro zone’s banking regulators of the region’s banks may show a capital shortfall of 300 billion euros ($386 billion) to 400 billion euros led by France and Germany, according to analysts at Berenberg Bank.

Spanish Banks Refinanced, Restructured $272.4 Billion in Loans

Spanish banks had 208.2 billion euros ($272.4 billion) of refinanced or restructured loans at the end of last year, a figure that analysts said could translate into further losses.

Banco Santander Profit Seen Falling as Brazil Loan Income Weighs

Banco Santander SA, Spain’s biggest bank, will probably say first-quarter net income declined on lower profit from Brazil and the U.K. and as reduced interest rates squeezed Spanish lending margins.

BBVA Profit May Climb as One-Time Gains Offset Decline in Spain

Banco Bilbao Vizcaya Argentaria SA, Spain’s second-biggest bank, may say first-quarter profit jumped as one-time gains offset bad-loan costs and weak margins in its home market.

DNB, Nordea See Gain in Commerzbank Shipping Exit

DNB ASA, the world’s second-largest shipping bank, and Nordea Bank AB will be targeting wider loan margins in the shipping industry after Commerzbank AG’s decision to abandon the business.

Nordic Banks Risk Backlash From Investors Seeking Cost Cuts

Nordic banks will need to show investors they can do more to cut costs when they report third- quarter earnings this month or risk an investor backlash for failing to adjust to Europe’s worsening economic outlook.

BlackRock to Open Cape Town Office This Month, Business Day Says

BlackRock Inc. will open its first office in Africa in Cape Town to give South African investors, including pension funds, access to its global investments, Business Day reported, citing Nick Anderson, managing director for Africa and the Middle East.

Denmark to Provide Banks $72.6B Lifeline

Denmark’s central bank said it will provide as much as 400 billion kroner ($72.6 billion) as part of an extended collateral program to provide emergency liquidity to the country’s banks.

Santander’s Capital in Focus as Spain Property Purge Ends

Banco Santander SA’s completion of a 7 billion-euro ($9.4 billion) real estate cleanup is shifting the spotlight to how it will address investor concerns about capital and fix businesses in the U.K. and Brazil.

Swedish Policy Makers Rush to Stamp Out Concerns About Banks’ Liquidity

Swedish policy makers rushed to ease concerns the nation’s banking industry was at danger from a loss of international funding after shares plunged yesterday.

"A number like this almost raises more questions than it answers in an economic situation like Spain's."

- Nick Anderson on May 07, 2013

London

Spain

Europe

Madrid

U.S. Stocks Fall on Concern Fed Will Scale Back Stimulus

Treasuries, Gold Sink as Dollar Jumps; S&P 500 Retreats

Man Questioned by FBI Over Boston Bombings Shot Dead

Bernanke Says Premature Tightening Would Endanger Recover

Apple Tax Grilling Becomes Cook’s Latest Testing Crisis