Zero IPOs in Spanish stock market in first half of 2019
Baker McKenzie | There were no flotations in Spain in the first half of 2019, consolidating the progressive decline in these operations since 2017.
Alphavalue | The ECB´s reflationary strategy has caused doubts among investors about the business plans of Spanish banks, in particular Caixabank, articulated in terms of the improvement in the net interest margin over the expected future rise in interest rates (which, incidentally, we do not expect any time soon).
