Juan Esquer speaks in Telemadrid about the effects of an eventual interest cut rate
Pablo Gómez de Pablos talks about the divestments of the Spanish Savings Banks
Savings banks have been very reluctant to divest their industrial portfolio, in contrast to what Spanish banks have done. “Institutions should establish the market value of both their loans as well as their portfolio of investments. When they sell, they will suffer due to the negative impact on their income statement, but, in return, collect […]
GBS Finance – Hands that maintain fortunes
“Family offices” in Spain manage assets of around € 15 billion. There are two types of family offices: single family offices that manage the assets of a single family group; and multifamily offices, such as GBS Finance, N+1 SYZ, MdFAchievers and altCapital, that are the most popular amongst hish net worth individuals. In Velázquez Street […]
Santiago Hagerman, partner at GBS Finance, states his opinion about the Treasury’s issuance of debt
New record: Treasury raises debt at over 6% for the next five years. According to Santiago Hagerman, partner at GBS Finance, this result was to be expected. “Until the terms and the requirements for the recapitalization of Spanish banks have been clarified and until the European leaders’ summit of next week there will be continue […]
Daniel Galván, director GBS Finance analyzes the next stock market entries.
Daniel Galván, director GBS Finance analyzes the next stock market entries.
Daniel Galván, director at GBS Finance, analyzes the Spanish M&A outlook
Daniel Galván warns that because “Spain has been on the cover of the Financial Times on a daily basis”, foreign investors “only recognize purchasing opportunities after prices have plummeted.” We need to merge companies. Mergers are transactions that do not require financing. They only involve an exchange of shares. Via mergers, we would be able […]
Mikel Bilbao, partner at GBS Finance: ” This is the right moment to loof for partners”
Without any doubt, obtaining funds from banks is very complicated at the moment due to difficult conditions and small volumes. This is a good moment to obtain funding via partners. A financial partner seeks to create value for the shareholders, and facilitates the continuity of the management team’s business plan. The advantange of industrials is […]
OHL, advised by GBS Finance, has closed the sale of Inima to GS Engineering & Co.
OHL has finalized the divestment of its environmental arm OHL Medio Ambiente Inima to the largest pension fund in Korea, GS Engineering & Construction Corporation and Copainima Inc. for €231 million. OHL had a €43 million of net capital as a result of the deal.
Interview with Santiago Gil de Biedma, Director of GBS Finanzas Portugal
GBS Finance view this crisis as an opportunity. So, while most of the international banks prefer to avoid Portugal, the Spanish investment bank, GBS Finance, decided to open offices in Lisbon. “We are a Spanish bank, but part of a very effective international network. We want to channel the interests of the clients of our […]
Pablo Díaz-Lladó talks about M&A in the first quarter of 2011
Experts rule out a revival of M&A in the medium term. Pablo Diaz-Lladó, partner of GBS Finance, points out that to produce a recovery, “companies need to have access to credit”, as many companies do not have sufficient liquidity to undertake acquisitions. Moreover, the valuations of these acquisitions will be more realistic than in the […]