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BANCO SABADELL
European banks battered as Credit Suisse drops over 20%An index of European bank stocks fell in morning trading and was last down 6.1%, hitting its lowest since January 3. The index has dropped ...- Credit Suisse shares sink 20% to historic low after top shareholder rules out more assistanceCredit Suisse shares fell by as much as 23.8% and were last down 20.2%. Trading in the shares was halted a number of times by the stock exc...
- European stocks climb on strong earnings reportsBritish bank Standard Chartered jumped 10.1% and Spain's Banco Sabadell climbed 5.3% after reporting upbeat quarterly earnings.
- Europe's STOXX 600 eyes third month of gains on earnings supportThe pan-regional STOXX 600 index rose 0.13%, hovering below its all-time high, and on course to end the month 2.3% higher.
- Spanish bank BBVA poised to axe 3,800 jobs: Union"BBVA wants to lay off 3,800 people. These redundancies would affect 16 percent of the workforce, 3,000 in the branch network and another 8...
- Spain's CaixaBank to axe 8,300 staff, union saysCompleted at the end of March, the merger has transformed the landscape of Spanish banking with the new entity retaining the Caixabank name...
- European stocks steady, but head for worst week since MarchApple suppliers ASM International, Dialog Semiconductor and STMicroelectronics fell between 0.8% and 1.6% after the late launch of new 5G i...
- AI frm Active.ai raises $3 millionThe existing investors have participated in this round to retain their respective shareholdings.
- European stocks sink as tech gloom spreads, Valeo plungesThe pan-European STOXX 600 was on track for its worst month since August 2015.
- Market scales another peak; Sensex, Nifty end at record highsRenewed buying was witnessed today as the stock market in India tracked buoyant US equities.
- Mysterious bond billionaire David Martinez offers rare look at wealthHe’s very active but frustratingly opaque. His hedge fund, with an office on Manhattan’s Park Avenue, doesn’t have a website.
- Indian IT firms in UK like TCS, Wipro and Cognizant rejoice as Lloyds agree to lend £450 million after sale of TSB unitWhen Lloyds spun off TSB, it agreed to pay to cover IT integration costs.
- Visa, MasterCard offer more phone payment optionsThe two technologies will give merchants and banks more options for incorporating so-called contact-less payment systems into their mobile ...
- Fitch cuts 18 Spanish banks, warns of more across EuropeFitch Ratings, citing the potential of loans at some lenders to deteriorate, cut its credit ratings on 18 Spanish banks.
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