Archive for the ‘Banking’ Category
Bank of America, with losses of 8 billion
The great debate going on around the world for this moment is whether in the short term will produce a new international financial crisis, a scenario that causes panic only remember how he suffered (and suffer) the United States and Europe since mid-2008 to date .
However, international markets can not completely rule out that there will be a new global crack, what for many would mean directly the start of the current system of global capital.
Within this scenario, it was learned yesterday that the Bank of America lost in the last quarter almost 9 billion dollars, a result considered “bad” and also shows that revenues have fallen 54 percent, ie, 13,500 million.
Both Bank of America as the U.S. banking and finance are not in good health, even while awaiting the August 2 deadline for enacting or not cesasión payments in the first world power.
Across the Atlantic, Europe, Greece, Spain and Italy threaten to overwhelm the region, but now say there is a cruel but way out, dropping to Greece to save Spain and Italy.
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