CaixaBank, S.A. (CIXPF)
- Bloomberg
CaixaBank Explores Sale of $1.2 Billion in Soured Loans
(Bloomberg) -- CaixaBank SA is exploring the sale of €1.1 billion ($1.2 billion) in non-performing loans as it seeks to improve its asset quality.Most Read from BloombergHamas Says It Accepts Proposal for Gaza Cease-Fire With IsraelTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Was Repaid From Personal AccountS&P 500 Keeps Momentum Going With Winning Run: Markets WrapThe Spanish lender
- Insider Monkey
15 Biggest Spanish Companies
In this article, we will discuss the 15 biggest Spanish companies. If you want to skip our analysis, you can proceed to the section highlighting the 5 Biggest Spanish Companies. Economy of Spain According to a report by the European Commission, the Spanish economy is projected to grow at 2.5% in 2023, 1.7% in 2024, […]
- Reuters
Spain's High Court annuls $100 million in fines for four big Spanish banks
Spain's High Court has annulled 91 million euros ($100 million) of fines imposed on four Spanish banks, including Santander and BBVA, for selling interest rate derivatives to customers above market rates. The competition watchdog imposed the fines after it considered the lenders, which also included Caixabank and Sabadell, had fixed above market rates the price of derivatives that were used to hedge the interest rate risk associated with syndicated loans for project finance. The court upheld the appeals filed by Santander, BBVA Sabadell and Caixabank against the watchdog's rulings of Feb. 13, 2018.
