Santander insists ‘UK is a core market’ amid reports that the bank might exit Britain
Banco Santander has insisted that the ‘UK is a core market’, amid reports that the bank is reviewing its presence in Britain, two decades after...
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Banking & Finance
Spanish PM appoints minister as new central bank chief, causing backlash
Spanish Prime Minister Pedro Sánchez has appointed his minister for digital affairs José Luis Escrivá as the Bank of Spain’s new governor, raising concerns about...
Spanish government seeks to block BBVA’s hostile bid for rival Sabadell
The Spanish Economy and Labour ministers said on Thursday that they opposed the hostile takeover bid launched by BBVA bank for its smaller rival Banco...
Banco Sabadell rejects merger offer from BBVA
Banco Sabadell has turned down the offer of a possible merger with BBVA, Spain’s second-largest bank, more than three years after it turned down a...
Spain’s Economy Minister Nadia Calviño chosen to lead EU Investment Bank
European finance ministers on Friday selcted Spain’s Deputy Prime Minister and Economy Minister, Nadia Calviño (main image), to become the next head of the European...
Banco Santander posts record profits of €9.6 billion for 2022, up 18% from 2021
Spanish banking giant Banco Santander reported on Thursday record profits for 2022, as higher interest rates boosted its earnings and offset the costs from soaring...
Spain seeks 4.8% windfall tax on banks, 1.2% on energy firms to beat cost of living crisis
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
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
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
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...
