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BANKIA MERGER
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...
- Caixabank may cut up to 8,000 jobs after Bankia merger: MediaA Caixabank spokesman, when asked about the newspaper report, said he could not confirm the number of any potential job cuts.
- Spanish banks merge in sign of hard economic times aheadThe deal comes as Europe's financial sector braces for lean times. With banks' profitability in recent years already dented by low interest...
- View: PSU bank mergers road to somewhere, but not reformsDoes a larger, even potentially world-scale bank mean a more efficient bank?
- All aboard for Europe's shrinking bank branch networkBanks have shut about 20,000 branches across Europe in the last four years, including 5,500 last year and 7,200 in 2011.
- Spain's hurting banks at heart of eurozone chaosSpain is under increasing pressure to find a quick way to save its troubled banking sector from collapse.
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