The CaixaBank Shareholders’ Meeting approved this Thursday the absorption of Bankia to create the largest bank in the country. The ‘green light’ of the owners of the Catalan group – added to that of the Bankia shareholders last Tuesday – means the backlog for the operation to close in the first quarter of 2021 if […]
Tag: CaixaBank
This was the espionage that Villarejo did to Luis del Rivero and his family in the cause of Repsol and Caixabank
The organization led by commissioner Jose Manuel Villarejo used itself thoroughly to spy on the former president of Sacyr Vallehermoso Luis del Rivero. As stated in the car where the judge of the National Court that instructs the case, Manuel GarcÃa Castellón, agreed the indictment this Tuesday of the former Repsol security chiefs, the former […]
Conthe, candidate for the Frob, rules out financial exclusion due to mergers: “Offices are closed in highly populated places”
The candidate proposed by the Government to preside over the Frob, Paula Conthe, believes that the new round of mergers announced in the banking sector will not lead to a worrying increase in financial concentration and rules out that it will worsen exclusion in some provinces of the country. “The duplication of offices and closures […]
Competition receives the CaixaBank-Bankia transaction and starts the merger clock
The National Markets and Competition Commission (CNMC) has already received the notification of the merger between CaixaBank and Bankia, which means the start of the countdown for the operation to be completed. The regulator now has one month to assess whether the creation of the ‘superbank’ reduces competition in the market and, in this case, […]
EXPANSIÓN offers a free comprehensive guide to pensions
The economic newspaper EXPANSION will offer its readers for free next Saturday, November 28, Manual of Pensions and Private Plans 2020, an essential guide to ensure a good pension. The manual – prepared with the collaboration of the consulting firm Mercer and the sponsorship of CaixaBank- offers, in a practical way, the answers to all […]
Oliu will occupy the vice-presidency of the new BBVA-Sabadell to preserve its Catalan status
BBVA will maintain control of the new superbank that will result from the merger between the Basque entity and Sabadell. The managers of both groups are making progress in the integration negotiations and there is already an agreement for the distribution of charges in the governance of the new group, in the absence of these […]
West Africa and Southeast Asia: where Valencian exports play the post-Covid future
The recovery of the Valencian economy in 2021 will be based, once again, on exports. The export sector was key to getting back on track after the 2008 financial crisis and, again, it will depend on him whether the economy recovers after the bump that the coronavirus crisis has meant. Now, after the pandemic, some […]
The Basque Government launches an issue of sustainable bonds for 600 million that will finance 86% expenses derived from the Covid-19 crisis
The Basque Government will launch a new issue of sustainable bonds worth 600 million euros. This will be the fourth issuance of this type of bonds that are destined to sustainable and social policies, although on this occasion the percentage destined to the social, health and education part will be higher “in order to face […]
The PSOE manages to liquidate its bank debt and take away the Ferraz headquarters after his return to power
For the Manual of Resistance that of the Christian Democrat Giulio Andreotti, who was seven times the Christian Prime Minister of Italy, and ended up titled one of his books with his most famous phrase: “Power wears down, but it is better not to lose it”. This political truth can be noted in the accounts of Pedro […]
The Supreme Court agrees with Santander, CaixaBank and Bankia in the Castor case and obliges the State to pay them 1,350 million
The Supreme court has partially estimated this Thursday the appeal presented by the entities Banco Santander, CaixaBank and Bankia against the state to which they claimed compensation for damages of 1,350,729,000 euros in the Castor case. These amounts, in different percentages, had been paid by the banks to acquire the right to collect the compensation. […]