European banks to launch euro stablecoin in bid to counter US dominanceNine European banks, including ING and UniCredit, are creating a company to launch a euro-backed stablecoin, challenging U.S. dominance in ...
26 Sep, 2025, 08.03 AM IST
European banks form company to launch euro stablecoinA group of nine European banks, including ING and UniCredit, is creating a new company to launch a euro-backed stablecoin, highlighting tra...
25 Sep, 2025, 02.05 PM IST
Spanish tourism growth to slow as uncertainties hit travelSpain's tourism sector faces a slowdown. Growth is projected at 3.3% for 2025, lower than earlier forecasts. Economic and geopolitical issu...
11 Jul, 2025, 03.07 PM IST
ECB taps Amazon, four others to pitch digital euro prototypeSpain's CaixaBank, France's Worldline SA, Italy's Nexi SpA and EPI, a consortium of banks and third-party acquirers, join Amazon in winning...
17 Sep, 2022, 11.09 PM IST
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...
22 Apr, 2021, 05.33 PM IST
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...
20 Apr, 2021, 05.24 PM IST
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.
25 Mar, 2021, 02.35 PM IST
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...
30 Oct, 2020, 04.56 PM IST
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...
18 Sep, 2020, 06.34 PM IST
Why India's bad bank backers are badly wrongGiven just how capital-starved some banks are, having them book steep upfront losses on sales would necessitate immediate consolidation or,...
13 Jun, 2018, 08.32 AM IST
Market scales another peak; Sensex, Nifty end at record highsRenewed buying was witnessed today as the stock market in India tracked buoyant US equities.
30 Oct, 2017, 04.28 PM IST
Fifteen stocks in focus in Monday morning tradeThe Indian market is expected to open lower. Here is a list of top fifteen stocks that are likely to be in focus today.
13 Jun, 2016, 09.58 AM IST
SBI, Spain's CaixaBank ink pact to fund Indo-Spanish JVs, local businessAs per the agreement, they will expand banks' guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures...
10 Jun, 2016, 03.56 PM IST
Spain unveils bank line-up for inaugural linker"Spreads continue to grind tighter and the first half of the calendar this week will be clear for them," said a banker working on the deal.
12 May, 2014, 02.29 PM IST
- EU approves Spain's bank recast plan, opens door for 40-bn aid
EC gave the go ahead to Spain to overhaul its stricken nationalised banks on Wednesday and opened the door for a nearly 40-bn Eurozone aid ...
29 Nov, 2012, 01.13 AM IST
Spain sets 90-billion-euro limit for bad bankSpain has set a 90-billion-euro ($118 billion) limit for the size of a bad bank created to take over other financial entities' toxic real e...
18 Oct, 2012, 03.45 AM IST
- Fitch cuts 18 Spanish banks, warns of more across Europe
Fitch Ratings, citing the potential of loans at some lenders to deteriorate, cut its credit ratings on 18 Spanish banks.
13 Jun, 2012, 07.37 AM IST