Post by account_disabled on Mar 3, 2024 22:28:51 GMT -8
Catalunya Caixa It will go to the auction but with a lower offer so that it is not awarded by the FROB The banks challenge Minister De Guindos: they will once again propose José María Roldán for the AEB Banco Santander refuses to implement Catalan in its letters and brochures and on the corporate website Botín already has the yes from Brussels to acquire the financial division of El Corte Inglés Emilio Botín makes a move. Emilio Botín makes a move. Emilio Botín is not going to give in to pressure from the Government that Santander cannot be left out of the banking restructuring and has to buy some of the rescued savings banks. With the purchase of Bankia shares ruled out, one of his last options would be the acquisition of Catalunya Caixa. But the Catalan entity does not fit into the bank's plans right now.
Santander has no interest in Catalunya Caixa . ” This is how a senior executive of the entity, to whom El Confidencial Digital has had access, is blunt about the next auction that the FROB is going to start to exit the rescued Catalan bank. The order that Emilio Botín has given to the bank team in charge of preparing the offer is clear: we must Middle East Mobile Number List go to the auction to avoid accusations of passivity in the process of the first financial group in the country, but design a downward proposal that is dismissed. De Guindos wants Botín to participate This intention of Botín clashes head-on with the Government's claims , specifically Minister De Guindos, that Santander participate , like the rest of its main competitors, in the purchase of nationalized entities to close the restructuring of the financial sector.
In private, according to sources close to the Executive, Luis de Guindos reproaches Banco Santander that, although it has attended all the auctions carried out by the FROB, in many it has not submitted an offer and in others it has requested aid so high that its bid has been rejected (as was the case of NovaGalicia). 4,000 million for bailouts and Sareb Santander refutes the minister's demands with the argument that it is not true that he has not participated in the restructuring of the banking sector , despite not having undertaken purchases of the former savings banks in trouble. Specifically, they highlight, the bank has contributed 4,000 million between contributions to the Deposit Guarantee Fund and its participation in Sareb, from which, they remember, its main rival, BBVA, was excluded .
Santander has no interest in Catalunya Caixa . ” This is how a senior executive of the entity, to whom El Confidencial Digital has had access, is blunt about the next auction that the FROB is going to start to exit the rescued Catalan bank. The order that Emilio Botín has given to the bank team in charge of preparing the offer is clear: we must Middle East Mobile Number List go to the auction to avoid accusations of passivity in the process of the first financial group in the country, but design a downward proposal that is dismissed. De Guindos wants Botín to participate This intention of Botín clashes head-on with the Government's claims , specifically Minister De Guindos, that Santander participate , like the rest of its main competitors, in the purchase of nationalized entities to close the restructuring of the financial sector.
In private, according to sources close to the Executive, Luis de Guindos reproaches Banco Santander that, although it has attended all the auctions carried out by the FROB, in many it has not submitted an offer and in others it has requested aid so high that its bid has been rejected (as was the case of NovaGalicia). 4,000 million for bailouts and Sareb Santander refutes the minister's demands with the argument that it is not true that he has not participated in the restructuring of the banking sector , despite not having undertaken purchases of the former savings banks in trouble. Specifically, they highlight, the bank has contributed 4,000 million between contributions to the Deposit Guarantee Fund and its participation in Sareb, from which, they remember, its main rival, BBVA, was excluded .