Articles About RBC Capital Markets
- Author:
- James I. Clark III
- Posted:
- 06.06.2011
Portugal Becomes Third of PIGS To Seek EU Bailout
Portugal has become the third European nation to accept a financial bailout to the tune of € 78 billion, with € 12 billion going directly to the Iberian nation’s banks. It is the third of four PIGS nations (Portugal, Ireland, Greece, Spain) to require a bailout. Caretaker Prime Minister Jose Socrates announced that he had […]
- Author:
- James I. Clark III
- Posted:
- 12.21.2010
Low Interest Rates Are Hurting Banks, Pension Funds
The current ultra-low interest rates are hurting profit margins at banks that depend on the gap between what they charge borrowers and pay depositors to make money. Pension funds also are hurting, because they are under growing pressure to meet their retirees’ obligations. Meanwhile, some types of insurance are more costly as firms attempt to […]
- Author:
- Tom Silva
- Posted:
- 12.07.2009
World to Restructure $26 Billion Worth of Real Estate-Related Debt
Dubai World has entered into discussions with its banks to restructure its $26 billion worth of debt, including $3.5 billion owed by its property unit, Nakheel. Dubai World is Dubai’s flag bearer in global investments. As a holding company it operates a highly diversified spectrum of industrial segments and plays a major role in the […]