caixabank sunset

Spain’s Big Banks Earned 7.8 Billion In Q1’21, Half Due To Caixabank-Bankia Merger

T.C. | The five big Spanish banks posted net profit of 7.825 billion euros in the first quarter of this year, compared with a loss of 1.053 billion in the first quarter of 2020, when they made provisions of 3.9 billion to deal with the coronavirus crisis. It should be noted, however, that without the effect of the Caixabank / Bankia merger, the Q1’21 profit would be considerably lower at…

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eurozone labour market

The Eurozone’s Labour Market: Large Inequalities Between Sectors

At first glance, the “scar” on total employment looks set to be less deep than after the 2008 financial crisis. However, at the sectorial level, the shock may turn out to be deeper or longer lasting. One example is tourism, one of the sectors most affected by the pandemic and one of the most labour-intensive. These sectorial divergences may have consequences for the pace of recovery in European countries depending on their degree of exposure to tourism.

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merchbank
bitcoin bullish

Hundreds Of US Banks Will Offer Their Customers The Ability To Buy And Sell Bitcoin Later This Year

Fernando Alberca | Retail customers of hundreds of US banks will soon be able to buy, hold and sell bitcoins directly through their existing accounts at those banks, according to business news outlet CNBC. This will be made possible by a deal between cryptocurrency custody firm New Digital Investment Group (NYDIG) and financial technology giant Fidelity National Information Services (FIS). It will allow US banks to offer cryptocurrency trading and…

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interviews


Isabel Perez Nivela

“In London You Almost Have To Apologise For Having A Dominical Chairwoman”

Fernando Rodríguez López de Andújar | Isabel perez Nivela is vice-president for legal affairs at Coca Cola European Partners, the bottling company that last year had a turnover of 10.6 billion euros (-11%) and was already listed in Amsterdam. so “taking advantage of brexit, which forces us to have a European market of reference, we have domiciled (Coca-Cola EP) in Amsterdam, whose stock exchange is quadrupling its business volumes since the brexit agreement. Amsterdam also has other prerogatives for long-term shareholders, such as allowing loyalty shares and other corporate governance issues that are not allowed in london. there you almost have to apologise for having a dominical chairwoman, even if she is appointed by a shareholder with more than 30% of the capital”.

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