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Caixabank SA (CABK.MC)

CABK.MC on Madrid SE C.A.T.S.

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14 Dec 2018
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Tue, Nov 27 2018

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Caixabank to cut a fifth of Spanish branches to boost profitability

MADRID Caixabank plans to cut almost a fifth of its branches in Spain over the next three years in a drive to boost profitability while pursuing its digital transformation.

UPDATE 2-Caixabank to cut a fifth of Spanish branches to boost profitability

* Sees accumulated annual revenue growth of 5 pct in plan (Recasts story and gives breakdown on 2019-2021 strategic plan)

Spain's Caixabank raises 2021 profitability target

MADRID, Nov 27 Spain's Caixabank said on Tuesday it aimed to increase its return on tangible equity ratio (ROTE) to above 12 percent by 2021 from 9.4 percent at end-September 2018, buoyed by a shift towards a more profitable insurance lending business.

UPDATE 1-Spain's Caixabank Q3 net profit down 27.6 pct due to Repsol sale

MADRID, Oct 26 Spain's Caixabank on Friday posted a 27.6 percent fall in third-quarter net profit from a year earlier after it booked a 453 million euro ($515 million) one-off loss due to a stake sale in Spanish oil major Repsol.

Spain's Caixabank Q3 net profit down 27.6 pct due to Repsol sale

MADRID, Oct 26 Spain's Caixabank posted on Friday a 27.6 percent fall in third-quarter net profit from a year earlier after one-off losses due to its announced 9.4 percent stake sale in Spanish oil major Repsol.

Spanish court to investigate Caixabank's purchase of BPI

MADRID Spain's High Court will investigate Caixabank for alleged irregular practices surrounding its 2017 purchase of Portugal's Banco BPI, court documents showed on Thursday, after a lawsuit was brought against the Barcelona-based lender by two shareholders.

UPDATE 1-Spanish court to investigate Caixabank's purchase of BPI

MADRID, Oct 4 Spain's High Court will investigate Caixabank for alleged irregular practices surrounding its 2017 purchase of Portugal's Banco BPI, court documents showed on Thursday, after a lawsuit was brought against the Barcelona-based lender by two shareholders.

Spanish court to investigate Caixabank's purchase of BPI

MADRID, Oct 4 Spain's High Court will investigate Caixabank for alleged irregular practices surrounding its 2017 purchase of Portugal's Banco BPI, court documents showed on Thursday, after a lawsuit was brought against the Barcelona-based lender by two shareholders.

Spain's Caixabank sells its 9.4 percent stake in Repsol

MADRID Spain's Caixabank on Thursday said it would sell its 9.4 percent stake in Spanish oil major Repsol and book a loss of 450 million euros in the third quarter.

UPDATE 1-Spain's Caixabank sells its 9.4 pct stake in Repsol

MADRID, Sept 20 Spain's Caixabank on Thursday said it would sell its 9.4 percent stake in Spanish oil major Repsol and book a loss of 450 million euros in the third quarter.

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