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
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)
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.