The rising defaults will remain open another front in the sector, which adds a new circular of provisions, in this case of refinancing, which promises new requirements. Although much less comparable to those of 2012. After all, the new requirements in provisions last year have forced the industry to provide real estate risk loosely, the most that can shed further defaults.
Emerging markets are another front which will require monitoring in 2013. Latin America remains the great reservoir of profits of large companies in the Dow, with examples such as Telefónica, which already gets more revenue in Brazil than in Spain. apple ipad in pakistan price But the explosive growth of their economies in recent years and is beginning to show some of the symptoms of the mature economies as Santander results showed, with a fall of 12% of the profit in that market.
In short, 2013 will be another year to buy time with the profits out while awaiting a better harvest at home.
The FROB Pla tab to replace Todó as president of Catalunya Banc
The Fund for Orderly Bank Restructuring (FROB) has chosen to now president of CajaSur Bank (Kutxabank Group), Carlos Pla, as president of Catalunya Banc. Pla is replacing Adolf Todó. The appointment I have to confirm the board of directors of Catalunya Banc, controlled by the FROB. Along with Todó, has also left the company Jaume Massana, who held the position of CEO.