Financial analysis
Financial and banking regulation and its effects, the competitive structure of the banking sector, the means of payment for business financing and the role of finance in economic growth are some of the aspects discussed in this section.
Highlighted
Artículo
The dollar′s uncertain hegemony: Headed towards a new equilibrium?
Fecha:
June 2026
The dollar has lost more than 11% of its effective exchange rate value since early 2025, defying the appreciation that would normally accompany higher tariffs. The evolution reflects not just policy uncertainty but a deeper recalibration of the dollar′s role as the anchor of the international financial system.
Artículo
Private credit and the relocation of risk in modern finance
Fecha:
June 2026
Private credit has expanded rapidly into segments vacated by banks, emerging as a central pillar of corporate financing within the non-bank ecosystem. Its continued growth, alongside persistent linkages to the banking system, is reshaping the distribution of risk and raising questions about how losses would be absorbed under stress.
Artículo
Geopolitics and the internationalization of Spanish Banking: Risk and diversification
Fecha:
June 2026
Rising geopolitical tensions are increasingly shaping bank valuations, financial conditions, and risk perceptions in global markets. Spanish banks’ high degree of internationalization offers a partial buffer, with geographic diversification helping to stabilize earnings and mitigate exposure to localized shocks.
Artículo
A decade of Solvency II and the review underway
Fecha:
June 2026
Since 2016, Solvency II has reinforced solvency, governance and supervisory convergence across the EU, but has also revealed procyclical pressures, an excessive compliance burden on smaller insurers, and constraints on the sector′s capacity to finance long-term productive investment. The review now underway aims to correct these imbalances while preserving the framework′s prudential foundations.