United States

Banco Popular Espanol SA (POP.MC)

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

24 Mar 2017
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€-0.01 (-0.98%)
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Latest Key Developments (Source: Significant Developments)

Banco Popular says it would book capital gains if it sells its U.S. unit
Monday, 20 Feb 2017 08:20am EST 

Deputy Chairman of Banco Popular , Roberto Higuera:Says if the bank sells its U.S. unit it would generate capital gains.  Full Article

Banco Popular believes 2018 targets will be put under revision
Friday, 3 Feb 2017 04:00am EST 

Banco Popular : Says believes 2018 targets will be put under revision . "When we talk about the targets, there is no doubt that now they are even more challenging to achieve. This, coupled with the fact we'll have a new chairman, suggests that the most prudent position now is to put these targets under revision," Banco Popular's chief executive Pedro Larena said during a conference call with analysts. Further company coverage: [POP.MC] (Reporting By Madrid Newsroom) ((jesus.aguado@thomsonreuters.com;)).  Full Article

Spain's Popular sees flat lending income in 2017
Friday, 3 Feb 2017 03:48am EST 

Banco Popular : Says on conference call with analysts it expects lending income to be flat in 2017 .Says expects low single digit growth in net interest income in 2017 [nL5N1FO0KI].  Full Article

Banco Popular Espanol approves partial spin off of Banco Popular Portugal
Thursday, 5 Jan 2017 11:37am EST 

Banco Popular Espanol SA : Board approves partial spin-off of Banco Popular Portugal . Banking activity of Banco Popular Portugal will be integrated in Banco Popular Espanol . To create a branch to carry out banking activity in Portugal . Banco Popular Portugal to keep leasing and real estate activities .Sees to complete the operation in last quarter of 2017.  Full Article

Banco Popular reduces to 2,592 number of people affected by restructuring
Tuesday, 25 Oct 2016 09:17am EDT 

Banco Popular Espanol SA : Reduces to 2,592 the number of people affected and improves the conditions of the restructuring process [nL8N1BW2QV] .Says reduces the number of affected employees by 10 percent compared to previous announcement.  Full Article

Spain's Popular to pay cash dividend in 2018 with 40 pct payout
Friday, 29 Jul 2016 07:38am EDT 

Spain's Banco Popular :Says plans to pay a cash dividend in 2018 with a payout of 40 percent.  Full Article

Spain's Popular may incorporate external partner into private banking unit
Friday, 29 Jul 2016 03:58am EDT 

Spain's Banco Popular : Says is considering incorporating an external partner into its private banking unit .Says is not worried about the result of Friday's European banking stress test.  Full Article

Banco Popular says not yet possible to quantify any staff changes
Friday, 22 Jul 2016 05:50am EDT 

Banco Popular Espanol SA : Says, in relation to market reports about its staff and network of offices, the company is in the process of operational analysis for the best way to achieve its objectives .Says to date it is not possible to quantify precisely the possible effects of this analysis.  Full Article

Banco Popular studies options to reduce level of unproductive assets
Wednesday, 13 Jul 2016 04:32am EDT 

Banco Popular Espanol SA : Says is studying alternatives to reduce the level of unproductive assets in its balance sheet in 2016-2018 . Among the options being analyzed, the company considers setting up a vehicle to consolidate a portion of the assets .Sees impact from possible transfer of assets of at least 4.00 billion euro ($4.42 billion) gross.  Full Article

Spain's Merlin signs deal with Metrovacesa to form property group
Tuesday, 21 Jun 2016 11:45am EDT 

Spanish real estate firm Merlin : Says has signed deal with real estate company Metrovacesa and its largest shareholders to form property group . Says shareholders Santander , BBVA and Banco Popular will take a 31 percent stake in Merlin as result of Metrovacesa deal (Reporting by Madrid newsroom).  Full Article

More From Around the Web

Shareholders vent anger as Banco Popular changes guard

MADRID, Feb 20 Small investors angry with the failure of Banco Popular's outgoing chairman to clean up the bank's books and its poor stock performance voiced their concerns at a shareholder meeting as he handed over power.