Caixabank profits fall by 52.1% for first half of 2019, earning €622 million
Banc Sabadell earns €532 million so far this year, a rise of 341%
'caixabank'
Caixabank's first quarter profits fall 24% to €553m
Bank attributes decline to decision to offload its stake in Repsol energy company
Caixabank's profits go up 17% in 2018 to €1.98 bn
Rise attributed to strength of core business, while Banc Sabadell registers 54% fall in gains last year
Caixabank announces layoff of 2,157 workers
Largest Catalan bank to cut 7.3% of its staff
Caixabank to close down 800 branches and increase profit by 12%
Strategic plan 2019-2021 aims to “optimize” network in Spain and prioritize digital banking
Five major firms launch Start4big project to attract start-ups
Aigües de Barcelona, CaixaBank, Naturgy, Seat and Telefónica come together for pioneering initiative to find ways to improve clients' experience
Spain to overturn decree that facilitated companies fleeing Catalonia
Madrid regrets "important damage" caused to economy after referendum
Spain waged 'economic war' against Catalonia, claims report
Ara newspaper says state authorities and crown put orchestrated pressure on firms to flee the country immediately after October referendum
Spain's waged 'economic war' against Catalonia, claims report
Ara newspaper says state authorities and crown put orchestrated pressure on firms to flee the country immediately after October referendum
CaixaBank to sell 80% of real estate assets to US equity fund
The Catalan financial giant expects the deal to go through at the end of 2018 or start of 2019
CaixaBank investigated for laundering Chinese mafia money
Despite suspecting clients were involved in illegal activities, bank did not act with “due diligence”
Major banks weather political storm
CaixaBank and Banc Sabadell close 2017 with big turnover, despite crisis between Catalonia and Spain
Government proposes creation of Central Bank of Catalonia in case of independence
There is “no risk of losing savings” on the road to independence, argues the Ministry of Economy
CaixaBank earns €970 million in third quarter, less than last year due to integration of Barclays Bank SAU
CaixaBank, Catalonia's largest financial group and one of the most significant companies in the whole of Spain, reported this Friday net attributable profit of €970 million for the first nine months of 2016, down 2.6% on the same period of 2015, which included a number of one-off impacts associated with the integration of Barclays Bank, SAU. Pre-tax profit amounted to €1,314 million, up 45.2% in comparison to last year. Impairment losses on financial assets and others totalled €1,177 million, a 33.3% decreased in comparison to last year on account of the reduction in loan-loss provisions.
Spanish banks suggest they might leave Catalonia if it becomes independent
The Spanish Bank Association (AEB in Spanish) and the Spanish Confederation of Saving Banks (CECA in Spanish) warned about the “risks” of Catalonia’s independence. In an official announcement made this Friday, both associations assured that all banks with a presence in Catalonia “would face severe problems of judicial insecurity” in the event of a Unilateral Declaration of Independence after the 27-S elections. They outlined that “any political decision which would imply breaking the rules in force” would result in “exclusion from the EU and the Eurozone” for Catalonia. The Catalan Finance Minister, Andreu Mas-Colell, described the Spanish government as “being irresponsible” for pushing the banking sector to be against the independence of Catalonia. He regretted that such “a delicate sector” was used as an “artillery weapon”.