Banking & Finance Archives - Spain in English

After CaixaBank completes Bankia merger, what’s next for Spain’s largest bank?

Steph Osborn31st March 20215th April 2021

31st March 20215th April 2021757

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

News Desk26th November 202030th November 2020

26th November 202030th November 20201507

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

News Desk29th September 20207th October 2020

29th September 20207th October 20201084

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

News Desk18th September 202021st September 2020

18th September 202021st September 20202029

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

News Desk4th September 20207th September 2020

4th September 20207th September 20201366

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

Newsdesk / ACN10th September 201913th September 2019

10th September 201913th September 20191428

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

AFP15th February 201917th February 2019

15th February 201917th February 20191403

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

Banking & Finance Business

Caixabank’s profits up 17% in 2018 to €1.98bn

SiE Newsdesk / ACN / Catalan News3rd February 2019

3rd February 2019676

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)

Banking & Finance Business

Banco Santander post 18% rise in profit

Ben Norman / AFP30th January 2019

30th January 2019701

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

Banking & Finance Business

Santander shuts UK branches as online banking surges

AFP23rd January 2019

23rd January 2019860

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

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