Last call to exchange any remaining pesetas in circulation to euros
There are just a few weeks left to exchange any remaining pesetas into euros, as the countdown to the end of life for the Spanish
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Banking & Finance
CaixaBank to cut over 8,000 jobs in Spain’s biggest banking staff reduction
CaixaBank has revealed plans to cut nearly a fifth of its workforce and to close hundreds of branches in the months ahead. The significant restructuring
After CaixaBank completes Bankia merger, what’s next for Spain’s largest bank?
Since CaixaBank formally acquired Bankia last Friday, following the biggest merger this century in Spain’s banking sector, it began trading on the stock market this week as
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
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)