Spanische CNMC untersucht ICO-Kreditvergabe einheimischer Banken finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Sabadell sees ROTE of more than 6% by 2023 Sees loans growing annually more than 2% in three-year
strategy Sees low single digit NII growth in strategic plan Expects British unit TSB to reach ROTE of over 6% by 2023
MADRID, May 28 (Reuters) - Spain s Sabadell said
on Friday it expected additional cost savings and revenue growth
from a push towards corporate and consumer lending in Spain to
drive profitability as part of its new three-year strategic
plan.
Banks across Europe are struggling to cope with record low
interest rates, and the economic downturn sparked by the
COVID-19 pandemic has forced them to focus on further cost cuts.
Assured Guaranty Wraps Fifth Guaranteed Solar Bond Transaction in Spain streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
BNP Paribas SA overtook U.K.-based HSBC Holdings PLC as Europe s biggest lender by assets in a year marked by market turbulence caused by the coronavirus pandemic, according to S&P Global Market Intelligence.
The French banking group s total assets stood at €2.521 trillion at the end of 2020, up from €2.165 trillion a year ago. BNP Paribas made a number of acquisitions during the year, including Deutsche Bank AG s prime brokerage unit and Banco de Sabadell SA s institutional depositary business. BNP also placed 7th in S&P Global Market Intelligence s annual global bank ranking.
HSBC, which held €2.440 trillion in assets at 2020-end, dropped to second place after topping the list for eight consecutive years.
Spain: EIB provides €300 million in financing to Banco de Sabadell to support Spanish companies affected by the pandemic etribuna.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etribuna.com Daily Mail and Mail on Sunday newspapers.