ECB taps CaixaBank, Amazon for digital euro prototype
Spanish financial services group CaixaBank has been selected by the European Central Bank along with four other organisations for the development of a digital…
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Spain to levy 5% temporary tax on banks as inflation bites
Spain is preparing a plan to impose a tax of under 5% on banks’ net interest income and commissions, Reuters reported citing…
Spain proposes new entity to regulate financial services industry
The Spanish government is working to establish a new authority to ensure banks and other financial entities fulfil their obligations…
Why are private banks setting up shop in Spain?
Spain is a popular destination for all holiday goers, never mind ex-pats and retirees, and two big private banks have…
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BBVA signs $300m deal to acquire 21.7% stake in Brazilian digital bank Neon
Spanish banking major BBVA has announced plans to invest $300m in digital bank Neon to expand its retail banking operations in Brazil.…
BBVA to return over €7bn to shareholders between 2021-2022
Spanish lender BBVA is looking to distribute over €7bn to shareholders between 2021 and 2022, its chairman Carlos Torres has revealed.…
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Santander to invest $6bn in technology to bolster Latin American business
Spanish lender Banco Santander has said that it will invest nearly $6bn between 2022 and 2024 to expand and improve…
Spanish bank Ibercaja in talks with advisers to launch IPO next year
Spanish lender Ibercaja is reportedly planning to launch its initial public offering (IPO) as early as January 2022 to meet…