Former Spanish economy minister & ex-IMF chief Rato gets 4 year jail term for tax crimes
A Madrid court has sentenced the former Spanish economy minister and ex-IMF chief Rodrigo Rato to more than four years in prison for tax crimes, money...
Bankia
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...
Rodrigo Rato, former head of IMF, acquitted in Bankia trial
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
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
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...
Rodrigo Rato points finger at Bank of Spain
Former IMF chief Rodrigo Rato said Tuesday that the Bank of Spain knew all that was going on at Bankia as he testified for the...
Rodrigo Rato on trial again for Bankia
A major trial dating back to the dark years of Spain’s economic crisis kicks off Monday over the alleged fraudulent 2011 listing of financial giant...
Rodrigo Rato starts jail term in Spain
Rodrigo Rato, Spain’s former deputy prime minister and ex-head of the International Monetary Fund (IMF), entered jail on Thursday in Madrid, after being sentenced to four...
Court confirms jail term for Rodrigo Rato
Spain’s Supreme Court on Wednesday confirmed former IMF chief Rodrigo Rato‘s jail sentence of four years and six months for misusing funds in a case...
