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Bankia insurance business taken over by Caixa Bank from Mapfre

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Spanish insurer Mapfre said that it had sold its stake in Bankia’s insurance business to Caixabank in a 571 million-euro ($645.12 million) deal. This is although...

Caixabank considers selling 9.92% stake in Erste group

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Spain’s Caixabank said that it was considering selling its entire 9.92% stake in the Austrian lender Erste Group Bank. The stake has currented a market value...

Caixa bank to cut 6450 jobs in Spain’s biggest banking staff...

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Caixabank with its union spokesperson announced that they have agreed with unions to lay off 6,452 employees. And this will be the biggest ever...