CajaSur seizure gives push to Spanish mergers
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
FIG

CajaSur seizure gives push to Spanish mergers

Consolidation in the Spanish savings bank sector took on new momentum this week after the Bank of Spain seized CajaSur and four other cajas agreed merger terms — soon after three others moved ahead with their link-up. Spanish sovereign and financial credit spreads tightened in reaction, with market participants welcoming the impetus state support has given to the wave of link-ups.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article