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Banco de Sabadell SA (SABE.MC)

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

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15 Aug 2018
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Fri, Jul 27 2018

UPDATE 4-Spain's Sabadell counts cost of TSB IT failure

* Sabadell shares fall more than 5 percent (Adds Sabadell CFO comments, details)

Spain's Sabadell counts cost of TSB IT failure

MADRID/LONDON An IT failure at Britain's TSB has cost parent Banco Sabadell more than 200 million euros (£178 million), pushing the Spanish bank to a quarterly loss, with its effects to be felt for the rest of the year.

Spain's Sabadell books Q2 net loss after TSB's IT-failure costs

MADRID, July 27 Spain's Banco Sabadell on Friday announced a loss of 138.7 million euros ($161.6 million) in the second-quarter after extraordinary costs of 203.1 million euros related to its IT outage at its British unit TSB.

Sabadell nears sale of assets worth 3.3 billion euros after Cerberus deal: source

MADRID Banco Sabadell is close to selling two real estate loan portfolios with a gross value of 3.3 billion euros ($3.8 billion), a source with knowledge of the matter said on Thursday, after it sold two portfolios to Cerberus.

Sabadell nears sale of assets worth 3.3 bln euros after Cerberus deal - source

MADRID, July 19 Banco Sabadell is close to selling two real estate loan portfolios with a gross value of 3.3 billion euros ($3.8 billion), a source with knowledge of the matter said on Thursday, after it sold two portfolios to Cerberus.

Spain's Banco Sabadell fined by ECB over capital buyback

FRANKFURT The European Central Bank has fined Spain's Banco Sabadell 1.6 million euros (1.4 million pounds) for buying back some of its capital without the ECB's permission, the ECB said on Tuesday.

Spain's Banco Sabadell fined by ECB over capital buyback

FRANKFURT, May 8 The European Central Bank has fined Spain's Banco Sabadell 1.6 million euros ($1.90 million) for buying back some of its capital without the ECB's permission, the ECB said on Tuesday.

BRIEF-Sabadell says clients affected by IT outage will be compensated

* Says clients affected by TSB IT outage will be compensated but said he does not think it will be significant Source text for Eikon: Further company coverage: (Reporting by Madrid Newsroom)

BRIEF-Sabadell's CEO says it is too early to evaluate impact of TSB IT outage

April 26 Banco de Sabadell SA CEO Jaime Guardiola:

REFILE-Sabadell CEO expects TSB to return to normality by next week

MADRID, April 26 The chief executive officer of Spain's Banco Sabadell, Jaime Guardiola, on Thursday said it expected to fix the technical outage at its British unit TSB by next week.

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