Banking & Finance Archives - Spain in English

Spain seeks 4.8% windfall tax on banks, 1.2% on energy firms to beat cost of living crisis

News Desk28th July 20222nd August 2022

28th July 20222nd August 20221761

With the plan to tax banks and energy firms initially announced by Spanish Prime Minister Pedro Sánchez two weeks ago, the socialist-led coalition government finally

Spain to hit banks and energy firms with temporary windfall tax

News Desk16th July 202219th July 2022

16th July 202219th July 20227226

ALSO READ: Many train journeys in Spain will be free from September until end of year. Spain is to hit energy firms and banks with temporary

Mastercard, Visa & AmEx suspend operations in Russia after Ukraine invasion

News Desk7th March 20229th March 2022

7th March 20229th March 20221063

Click here for all our reports related to the Russian invasion of Ukraine. Mastercard, Visa and American Express have all suspended their operations in Russia, in

‘I’m old, not an idiot’ pensioner presents 600,000 signatures to Economy Ministry

News Desk13th February 202214th February 2022

13th February 202214th February 20223197

A retired Spanish doctor who has been campaigning to maintain face-to-face customer services at banks, presented a petition in Madrid on Tuesday with more than 600,000 signatures

Santander announce profits of €8.1bn for 2021, with digitalisation a key focus

Steph Osborn4th February 20227th February 2022

4th February 20227th February 2022934

Banco Santander has published a strong set of results this week, posting profits of 8.1 billion euros for 2021. The results confirm that the bank

Banco Sabadell announces strong results, with no plans to sell TSB

Steph Osborn30th October 20213rd November 2021

30th October 20213rd November 2021955

A strong set of results has been announced by Spain’s Banco Sabadell, as the bank also confirms that is has no plans to sell its

Banco Santander sees strong Q3 results, largely due to UK and USA markets

Steph Osborn28th October 20211st November 2021

28th October 20211st November 2021817

Spanish banking giant, Banco Santander, announced its third quarter results on Wednesday, showing that it is bouncing back strongly from the pandemic with a significant

Banco Sabadell seeking to cut 1,900 jobs and close 250 branches

News Desk31st August 20217th September 2021

31st August 20217th September 20211907

Banco Sabadell is seeking to cut 1,900 jobs in Spain, around 13% of staff in its home market, a trade union negotiating with the bank

Banking & Finance Living & Lifestyle Main News

Last day to exchange any remaining pesetas in circulation to euros

Steph Osborn30th June 202120th July 2021

30th June 202120th July 20215166

Today (30 June) is the last day to exchange any remaining pesetas into euros. Those still in possession of the original Spanish currency have been

CaixaBank to cut over 8,000 jobs in Spain’s biggest banking staff reduction

Steph Osborn20th April 20213rd September 2021

20th April 20213rd September 20211717

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

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