Mastercard, Visa & AmEx suspend operations in Russia after Ukraine invasion
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
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Banking & Finance
‘I’m old, not an idiot’ pensioner presents 600,000 signatures to Economy Ministry
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
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
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
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
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
Last day to exchange any remaining pesetas in circulation to euros
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
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