CaixaBank unions send a letter to political parties for the “abusive” ERE
They criticize the bank for "excuses about age or generational balance that only seek to hide that what prevails is...
Banking
Sabadell sells its leasing business to ALD Automotive for 59 million euros
The operation will contribute 10 basis points to its capital ratio. Sabadell has agreed to sell 100% of the share...
The BdE asks the bank to provide provisions in 2021 and 2022 in a “similar” way to 2020
Entities, however, consider that they have already made most of the effort to allocate provisions. The Bank of Spain continues...
Mapfre and CaixaBank await the opinion of an independent expert before agreeing to break with Bankia
The valuation will arrive "in the next few days" and is necessary before both companies reach an agreement. Mapfre and...
CaixaBank creates a team of managers specialized in the senior segment
It plans to have 500 specialists on staff throughout the year. CaixaBank has created the first team of Managers specialized...
BBVA lowers the ERE to 3,448 employees and will place 350 in remote management positions
The bank reduces the initial impact of the adjustment and offers remuneration for transfers from 150 kilometers. BBVA has lowered...
Sabadell earns 73 million, 22% less, and TSB returns to record profits
The British subsidiary of the group contributed 2 million to the result of Sabadell. Sabadell earned 73 million euros in...
BBVA returns to pre-pandemic benefits in March after earning 1,210 million
On the same dates last year, the bank lost 1,792 million after provisions and the deterioration of goodwill in the...
BBVA justifies the implementation of the ERE: “There is no choice but to do it”
The entity hopes to reach an agreement that "minimizes the impact". BBVA considers that the Record of employment regulation (ERE)...
The success of relocations after the ERE: future for employees and savings for banks
The collective redundancies of the banks are followed by relocation processes that help the workers to return to the labor...
