Banking & Finance Archives - Page 3 of 5

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

News Desk13th February 202214th February 2022

13th February 202214th February 20225431

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 20222471

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 20212374

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 20211913

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 20213428

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

Steph Osborn30th June 202120th July 2021

30th June 202120th July 202133520

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 20212879

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?

Steph Osborn31st March 20215th April 2021

31st March 20215th April 20215503

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 20203rd September 2021

26th November 20203rd September 20214665

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 20203513

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...

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