Take a fresh look at your lifestyle.

Sabadell, Bankinter, Liberbank and Unicaja bounce off the CaixaBank-Bankia merger


The banking middle class rebounds with enthusiasm this Friday. Sabadell, Bankinter, Liberbank and Unicaja advance swiftly in the heat of the merger between Bankia and CaixaBank, which rekindles the possibility that these entities may carry out similar operations in the not so distant future.

Sabadell shoots up 11%, Bankinter increases 6%, Unicaja another 10%, Liberbank 9% … other larger banks with more moderate increases are also joining their party, as is the case of Santander (+ 4%) and BBVA (+ 5%).

The increases are even more pronounced in the two values ​​that will star in the long-awaited merger. CaixaBank increased 13% and Bankia soared 30%.

The entity chaired by Jordi Gual announced this Thursday night that it has opened the negotiation process "after the authorization of its Board of Directors." Bankia, for its part, explained the "preliminary nature" of the operation, and indicated that the study and analysis have begun to allow the Board of Directors to adopt the corresponding decision.

These rebounds are framed within a bad 2020 for banks, one of the most battered sectors. Without going any further, CaixaBank and Bankia left more than 30% so far this year before announcing their merger. Sabadell fell another 60% and both Santander and BBVA 50% in the same period of time.

. (tagsToTranslate) Sabadell (t) Bankinter (t) Liberbank (t) Unicaja (t) bounce (t) against (t) merger (t) CaixaBank-Bankia (t) Category: All (t) Category: Market Report (t ) Category: Company News (t) Category: Economic News (t) Category: Pulsos (t) Category: Market Pulse (t) Category: Sectorial: Finance

Leave A Reply

Your email address will not be published.