Bankinter has cleared the last major stumbling block to carry out the Línea Directa IPO and plans to make it effective at the end of April. This has been confirmed this Tuesday by the CEO of the entity, Maria Dolores Dancausa, after receiving the approval of the European Central Bank (BCE) to continue with the […]
Tag: bank
The State Will Have To Assume The Bill Of The Sareb And Will Shoot The Public Debt To 120% Of GDP
The 2012 bank bailout continues to take its toll on taxpayers almost a decade later. Specifically, an invoice for 35,000 million euros that the State will have to assume once the debt maintained by the Company for the Management of Assets from Bank Restructuring (Sareb) is now computed as public debt. This is what Eurostat […]
The Battle Of Mortgages, Fixed Or Variable Rate? With Bonuses Or Without Them?
In this episode we ask ourselves which mortgages are the most attractive in the market and how to know which ones are right for us. We also talk about whether it is time to bet on banks in the stock market Where to listen to us? All episodes of ‘The clear accounts’ they are on […]
The three most outstanding commission-free accounts of March
Due to the increase in banking commissions throughout 2020, many affected customers have started to investigate which bank accounts allow free trading. Thanks to the data revealed by Google Trends, on which are the most frequent searches, it is possible to know which accounts without commissions are the most popular so far this year. According […]
Hernández de Cos asks for aid to improve the solvency of companies: “The damaging effect on banks must be minimized”
The Governor of the Bank of Spain, Pablo Hernández de Cos, calls on the Government for a shift in the economic stimulus policies used to deal with the effects of the coronavirus to focus on the solvency problems that already drag thousands of companies. “The persistence of the crisis has caused companies to be clearly […]
UniCredit finalizes the signing of former UBS president, Andrea Orcel, as new CEO
UniCredit is considering appointing Italian banker Andrea Orcel, former UBS president, as its new CEO, sources close to the negotiations told Reuters. The figure of the executive began to sound strongly for the position thanks to the support of the bank’s international investors and a group of local shareholders headed by Leonardo Del Vecchio. However, […]
How to change banks a mortgage for free and save up to € 40,000 in interest
Between May and October 2020, more than 7,000 clients (40% more than in the same period of 2019) decided to change their mortgage bank to improve it and pay cheaper installments, according to data from the National Institute of Statistics. This shows the popularity that this operation has gained, to which many mortgages can still […]
JPMorgan Chase Profit Rockets 42% For Fourth Quarter
JPMorgan Chase reported a record profit of $12.14 billion or $3.79 per share for the fourth quarter, going above analysts’ expectations of $2.62 per share. Revenues surge led by investment banking and trading divisions.
Banks drive the biggest rise in the Ibex 35 in two months with an advance of 3.2%
Neither the elections in Georgia nor the approval in Europe of Moderna’s vaccine, the great protagonists of the Three Kings’ day in the Ibex 35 have been the banks, which have led the selective to their biggest increase in two months with an advance of 3.2%, up to 8,350 points. After losing more than 35,000 […]
Unicaja and Liberbank approve their merger and create the fifth largest bank in Spain: “It will be necessary to adopt labor measures”
The fifth bank of Spain takes shape. The boards of directors of Unicaja Banco and Liberbank gave the green light to the merger of these entities, which will form a single bank with a volume of assets of around 110,000 million euros. During the afternoon, the negotiations of the last few weeks were finally on […]