The ratings agency Standard & Poors predicts more mergers among medium sized Spanish banks. S&P also 2019 toxic assets on the balance sheets will continue to be reduced and that the main challenge will remain improving profit margins which remain at historic lows. In fact it is this low profitability which will drive consolidation this year which will help achieve synergies, economies of scale and cost cutting.Read More
Joan Tapia | We should not over dramatize, but the Andalusian result does not incline us towards optimism. We should not rule out the possibility that a political sphere dominated ever more by conflict could negatively affect the economy. Even if up until now it has not happened. As the saying goes, the pitcher goes so often to the well that in the end it breaks.