Spain’s BBVA fails in its bid to take control of Banco Sabadell
Spanish bank BBVA’s €17bn hostile takeover attempt of smaller rival Banco Sabadell has collapsed, with the lender managing to secure just a quarter of its...
CaixaBank
Spain’s competition watchdog clears BBVA-Sabadell takeover, now subject to other approvals
Spain’s competition authority, the CNMC, has granted approval for BBVA’s proposed acquisition of Banco Sabadell, but only on condition that several commitments are met within...
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...
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...
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...
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...
Far-right and anti-fascist demonstrators clash in Barcelona
A fourth night of protests and disturbances in Barcelona on Thursday saw riot police attempting to prevent a clash between anti-fascist and far-right extremist demonstrators....
Caixabank’s profits up 17% in 2018 to €1.98bn
Catalonia’s largest bank, Caixabank, made profits of 1.98 billion euros in 2018, a 17.8% rise over the previous year, the National Securities Market Commission (CNMV)...
