Caixabank SA (CABK.MC) Key Developments | Reuters.com
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Caixabank SA (CABK.MC)

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

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Latest Key Developments (Source: Significant Developments)

Caixabank says ECB gives it 4 months to address BPI's Angolan risks
Wednesday, 22 Jun 2016 12:21pm EDT 

Spain's Caixabank : Says ECB has suspended sanction process on Portuguese bank BPI's investment in Angolan bank BFA . Spain's Caixabank says ECB has given Caixabank four months to address risk associated with BPI investment in Angolan bank BFA . Spain's Caixabank says four month period will start when Caixabank's planned acquisition of BPI is completed . Caixabank, which owns 44 percent of BPI, offered nearly $2 billion to take full control of Portuguese lender in April. [nL5N17L0AN] Further company coverage: [CABK.MC] [BBPI.LS] (Madrid Newsroom) ((madrid.newsroom@thomsonreuters.com; +34 91 585 21 51;)).  Full Article

Caixabank closes Visa Europe stake sale with net gain of 115 mln euros
Wednesday, 22 Jun 2016 04:52am EDT 

Caixabank SA :Says Visa Inc buys Visa Europe, net capital gain for Caixabank of 115 million euros ($129.6 million) in Q2.  Full Article

SBI and Caixabank sign MOU
Friday, 10 Jun 2016 02:25am EDT 

State Bank of India: Sbi- Caixabank of Spain signs mou with State Bank of India . Sbi - to expand banks' guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local enterprises .  Full Article

CaixaBank SA to make a full takeover bid for Banco BPI SA
Monday, 18 Apr 2016 01:02am EDT 

CaixaBank SA:Says it will make a full takeover bid for Banco BPI SA.Says to offer 1.113 euros per share for the stake in BPI that it doesn't already hold.The offer is dependent on acceptance topping 50 percent of BPI and on the removal of voting rights limitation of the bank.  Full Article

CaixaBank SA to lay off around 500 workers in Spain - Reuters News
Friday, 15 Apr 2016 12:14pm EDT 

CaixaBank SA:Caixabank plans to lay off around 500 workers, mostly in its home region of Catalonia, the bank and a union said on Friday, joining a growing list of Spanish lenders trimming costs as part of a domestic overhaul - RTRS.Caixabank said in a statement it sought to lay off up to 484 employees through voluntary and early retirements and would offer them 75 percent of their annual gross salary as compensation.  Full Article

CaixaBank SA agrees with unions voluntary severance plan for 484 people - Reuters News
Friday, 15 Apr 2016 11:41am EDT 

CaixaBank SA:Agrees with unions incentivized voluntary severance plan for 484 people.  Full Article

CaixaBank creates new unit, Caixabank Equipment Finance
Sunday, 3 Apr 2016 08:00pm EDT 

CaixaBank SA:Establishes Caixabank Equipment Finance to enhance corporate financing at the point of sale.Says new unit emerges with a portfolio of 112,690 contracts worth 500 million euros and will be integrated as subsidiary of Caixabank Consumer Finance, created in Aug. 2015.  Full Article

CaixaBank SA gives FY 2016 net interest income guidance above analysts expectations
Friday, 29 Jan 2016 01:13am EST 

CaixaBank SA:Sees FY 2016 net interest income down by between 4 pct and 6 pct compared to last year.FY 2016 net interest income expected to be down by 9.3 pct - Thomson Reuters I/B/E/S.  Full Article

CaixaBank SA announces dividend on shares in capital increase
Thursday, 3 Sep 2015 11:44am EDT 

CaixaBank SA:Announces dividend of 4 cents per share on shares in capital increase.  Full Article

CaixaBank SA to drop bid for Portugal's BPI
Thursday, 18 Jun 2015 12:34pm EDT 

CaixaBank SA:To drop bid for Portugal's BPI.To now launch analysis for strategic alternatives regarding its current stake in BPI.  Full Article

BRIEF-Caixabank says ECB gives it 4 months to address BPI's Angolan risks

* Says ECB has suspended sanction process on Portuguese bank BPI's investment in Angolan bank BFA