22 April 2021 12:59 PM

BBVA plans to lay off 3,800 workers, 16% of the bank's staff in Spain

Bank intends to close 530 offices, a few days after Caixabank revealed 754 people would be made redundant in Catalonia

Financial institution intends to close 1,534 offices across Spain

Disagreements over split of shares prevent formation of Spain's second largest lender

What percentage of the new bank’s assets will each group own

Both the Catalan entity and the financial institution partly owned by the Spanish government are part of Spain's top 4 banks

European Court of Justice opens door to compensation after deciding banks may have misled customers over loans tied to fixed index

There is “no risk of losing savings” on the road to independence, argues the Ministry of Economy