BBVA and Banco Sabadell abandon merger plans
Spain’s second-largest bank BBVA and Banco Sabadell have abandoned plans for a merger, as first divulged last week. The two banks had previously announced that they
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Banking & Finance
BBVA and Sabadell banks in merger talks
Spanish bank BBVA has confirmed that it is in talks with Banco Sabadell, which also owns TSB in the UK, regarding a possible merger between the two
Rodrigo Rato, former head of IMF, acquitted in Bankia trial
The former head of the International Monetary Fund (IMF), Rodrigo Rato – who was also a People’s Party (PP) finance minister and a deputy prime minister in Spain
CaixaBank and Bankia merger confirmed
The boards of Spain’s CaixaBank and Bankia have approved a merger plan between the two, which will create Spain’s largest financial institution. The new bank
CaixaBank and Bankia in merger talks
Two of Spain’s largest banks, CaixaBank and Bankia, are in talks regarding a possible merger, it has been confirmed by both financial institutions. A merged
EU court says Spain’s mortgage pricing could be abusive
Spanish banks could end up paying out billions of euros in compensation following a statement from the advocate general of the Court of Justice of
Chinese protest against ‘racist BBVA’ in Madrid
Hundreds of Chinese citizens staged a rare protest today at an office of Spain’s BBVA bank in Madrid, angrily denouncing that their personal accounts had
Caixabank’s profits up 17% in 2018 to €1.98bn
Catalonia’s largest bank, Caixabank, made profits of 1.98 billion euros in 2018, a 17.8% rise over the previous year, the National Securities Market Commission (CNMV)
Banco Santander post 18% rise in profit
Spanish banking giant Banco Santander on Wednesday posted an 18% rise in 2018 net profit as revenue growth in Spain offset the negative impact of
Santander shuts UK branches as online banking surges
Santander is to shut almost one fifth of its British branches following a surge in online banking, the Spanish group said on Wednesday. Santander said