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Caixabank: Acquired an insurance company for 262 million euros

Caixabank SA has entered into an agreement with VidaCaixa SAU subsidiary to acquire a stake in the insurance company Sa Nostra Compania de Seguros de Vida from Caja de Seguros Reunidos Compania de Seguros y Reaseguros...

CaixaBank: The new strategic goals for the period 2022-2024

CaixaBank has announced its strategic plan for 2022-2024 which includes setting a target for increasing shareholder returns through increased core income and cost savings achieved after its merger with Bankia. The Spanish bank stressed that it expects...

For the second time, an investigation is launched against the president of Repsol for espionage

Spain's Supreme Court on Monday placed Antonio Brufau, president of the oil company Repsol, and Isidro Faine, former president of the Spanish Caixabank, under formal investigation for the second time as part of a spying case,...

Caixabank: Recurring quarterly profits fell 51%

The Spanish Caixabank announced that the recurring profits for the quarter of 2021, decreased by 51% compared to last year, due to the lower extraordinary profits. Caixabank, which closed its € 4.3 billion acquisition of Bankia in...

Spain: The government is in no hurry to sell its stake in Caixabank

The Spanish government is in no hurry to sell its 16% stake in Caixabank, Economy Minister Nadia Calvino said in an interview with Expansion newspaper. "We are not in a hurry to do that," he said in...

Operators launch into finance: MásMóvil will offer loans of up to 60,000 euros

MasMovil breaks into the consumer credit sector, which will reach up to 60,000 euros for its clients through MoneyGo. The operator, which controls the Xfera Consumer Finance company in which Cetelem also participates, enters into new financial services, which will include another service such...