Account
Spanish lender CaixaBank SA (CABK.MC) said Thursday it is considering the sale of about half of its current 20% stake in Mexico's Grupo Financiero Inbursa SAB de CV (GPFOY) in the Mexican and international markets.In a regulatory filing, CaixaBank said no final decision has been made on the potential deal and this will depend on market conditions.CaixaBank didn't provide any detail on the possible price for the sale, or potential buyers. As of March 31, the stake was valued by CaixaBank at 3 billion euros ($3.87 billion).Write to David Roman at david.roman@wsj.com Twitter: @dromanber and Pablo Dominguez at pablo.dominguez@dowjones.comCopyright © 2013 Dow Jones Newswires...
The boards of Spanish lender Caixabank SA (CAIXY) and Banco de Valencia SA (BVA.MC) approved Thursday the share-swap ratio for the minority shareholders representing...
Spanish utility company Gas Natural SDG SA (GAS.MC) Wednesday sold a 750 million euro ($963.2 million), nine-year bond, according to one of the banks running the dea...
Spanish utility company Gas Natural SDG SA (GAS.MC) is planning a benchmark-size, euro-denominated, nine-year bond, one of the banks running the deal said Wednesday....
Small companies struggling to repay loans in Italy and Spain signal bigger problems on the horizon for the euro zone after the dust has settled on Cyprus's last-ditc...
Spanish lender CaixaBank SA (CABK.MC) priced a five-year covered bond, one of the banks running the deal said Tuesday.BNP Paribas, CaixaBank, Citigroup, Deutsche Ban...
The European primary bond market was buzzing with activity Tuesday, with Russia's largest steel producer tapping the market, banks selling covered and subordinated b...
Spanish lender CaixaBank SA (CABK.MC) is planning a benchmark-size, euro-denominated, five-year covered bond, one of the banks running the deal said Tuesday.Suggeste...
French reinsurance group Scor SE (SCR.FR) has agreed to pay 630 million euros ($826.6 million) for the future cash flows of a portfolio Banco Bilbao Vizcaya Argentar...
Spain has pushed back a deadline in the auction of bailed-out lender Catalunya Banc after one of the prospective bidders considered pulling out of the process and an...
Spain has pushed back a deadline in the auction of bailed-out lender Catalunya Banc after one of the prospective bidders considered pulling out of the process and an...
Bank of East Asia's overall net profit up 39%- Bank of East Asia saw Chinese loan quality deteriorate last year- The bank's China unit posted a mild drop in pretax p...
Bank of East Asia Ltd. (0023.HK) said Tuesday its net profit jumped 39% last year thanks to a surge in trading profits and gains from financial assets.Net profit at ...
Spain pulled in massive demand for the sale of new 10-year government bonds Tuesday, as investors continued to look to the euro zone's riskier markets in the hunt fo...
Spanish lender CaixaBank (CABK.MC) Tuesday sold a 1 billion euro ($1.31 billion), five-year bond, according to one of the banks running the deal.Barclays, Credit Agr...
Deals keep coming in the European primary bond market Tuesday as borrowers continue to take advantage of investors' search for yield, while the cost of insuring Euro...
Spanish lender CaixaBank (CABK.MC) plans a euro-denominated senior unsecured bond, said one of the banks on the deal Tuesday.The issue will be of five-year maturity....
Spain's Caixabank SA (CABK.MC) Thursday said first-quarter net profit multiplied by seven compared with the same period a year ago, due to extraordinary gains.MAIN F...
Europe's banks are under pressure to show how they plan to step up cost-cutting and shrinkage when they announce first quarter results in forthcoming weeks, as the s...
Caixabank SA (CABK.MC) said Monday it had repaid the 977 million euros ($1.27 billion) a Spanish banking bailout fund had doled out to Banca Civica SA, which Caixaba...