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Spain’s banking crisis wiped out billions of euros of family savings on Tuesday as small investors who bought shares in the nationalised Bankia were finally able to trade them – but at only a fifth of their original price.
The wipeout on Madrid’s stock exchange means that Bankia, which was created by the fusion of seven savings banks, has now lost 99% of its stock exchange value since it was listed 22 months ago.
Speech by Ms Ida Wolden Bache, Deputy Governor of Norges Bank, at Finance Norway’s Payments Conference
Turkey’s central bank (CBRT) in a surprising move, banned the use of all cryptocurrencies and digital assets to payments for services and goods, citing possible damage and significant transaction risks
Gold Technical Analysis 10 July 2017 Gold is under pressure for one more day and the bearish trend that started on June 6th is intact and now the precious metal is targeting the psychological 1200 […]
