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
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)
CaixaBank to prioritise digital and close 800 branches
CaixaBank has planned to close down over 800 branches out of the 4,461 now in operation in the whole of Spain by 2021, as part
Five major firms launch Start4big project for start-ups
Five major corporations are teaming up for a new project called Start4big to find start-ups to develop disruptive solutions for their businesses that will improve
Sánchez to override court on mortgage tax
The Spanish government will put forward legislation so banks, not clients, pay the tax on new mortgages, thus overriding a widely criticised Supreme Court ruling.
Catalan economy solid, a year after independence bid
Catalonia has enjoyed solid growth since the region’s failed bid to break away from Spain last year despite predictions the uncertainty sparked by the separatist
Spain waged ‘economic war’ against Catalonia, claims report
One of the biggest fears surrounding the push for independence in Catalonia is how it might affect business. One consequence of last year’s political instability