Investing

Insight : Bank Stampede Keeps Spanish Real Estate on the Ropes

Insight : Bank Stampede Keeps Spanish Real Estate on the Ropes When Jose Morales travelled up from Granada in southern Spain in February to look at a new apartment in the Madrid satellite town of Sesena, he was greeted by long queues of mostly young people outside the sales office.

Brazil's PDG Realty to Sell $77 Mln in Debt

PDG Realty, Brazil's biggest homebuilder, said on Friday it will sell 140 million reais ($77 million) in debentures non-convertible for shares to financeinvestment and boost the company's cash position.

Former Goldman Sachs Executive Lands Lucrative Book Deal-report

Greg Smith, the former Goldman Sachs executive who condemned the powerful investment bank in a scathing New York Times opinion column, has landed a deal to write a book about his 12 years at the firm, according to media reports on Friday.
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