Banco de Sabadell SA (SABE.MC)
22 Jun 2018
The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
FRANKFURT, May 8 The European Central Bank has fined Spain's Banco Sabadell 1.6 million euros ($1.90 million) for buying back some of its capital without the ECB's permission, the ECB said on Tuesday.
LONDON British entrepreneur Richard Branson, founder of the Virgin business empire, is reviewing a 1.6 billion pounds ($2.2 billion) takeover bid that could turn the fledgling lender he founded almost 25 years ago into one of Britain's biggest banks.
* Shares in Metro, OneSavingsBank rise (Adds comment from Virgin Money investor)
* Says clients affected by TSB IT outage will be compensated but said he does not think it will be significant Source text for Eikon: Further company coverage: (Reporting by Madrid Newsroom)
April 26 Banco de Sabadell SA CEO Jaime Guardiola:
MADRID, April 26 The chief executive officer of Spain's Banco Sabadell, Jaime Guardiola, on Thursday said it expected to fix the technical outage at its British unit TSB by next week.
* Both lenders keep NPLs under control (Adds details and includes Bankinter net profit)
* Migration aimed at reducing IT costs (Adds more detail, results details)
MADRID, April 26 Spain's Banco Sabadell said on Thursday its first-quarter net profit rose 33 percent thanks to lower loan loss provisions, though lending income remained under pressure because of ultra-low interest rates.