Banco de Sabadell SA (SABE.MC)
10 Dec 2018
Fri, Dec 7 2018
MADRID, Dec 7 Spain's Sabadell has no plans to sell its TSB unit and wants the bank to start buying other assets once it has cleared up the fallout from an IT meltdown, a spokesman for the Spanish group said on Friday.
MADRID, Dec 7 Spain's Sabadell plans an eventual merger or sale of its TSB unit once it has returned the British bank to profitability, Sabadell's chairman was quoted as saying on Friday.
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MADRID, Oct 26 Spain's Banco Sabadell on Friday announced a 37.4 percent decline in third-quarter net profit to 127.2 million euros ($144.6 million) after extraordinary costs of 87.7 million euros related to an IT outage at its British unit TSB.
MADRID, Oct 24 Spain's Banco Sabadell has mandated investment bank Alantra to sell its real estate management unit Solvia Servicios Inmobiliarios, a source with knowledge of the matter said on Wednesday.
* Sabadell shares fall more than 5 percent (Adds Sabadell CFO comments, details)
MADRID, July 27 Spain's Banco Sabadell on Friday announced a loss of 138.7 million euros ($161.6 million) in the second-quarter after extraordinary costs of 203.1 million euros related to its IT outage at its British unit TSB.
MADRID Banco Sabadell is close to selling two real estate loan portfolios with a gross value of 3.3 billion euros ($3.8 billion), a source with knowledge of the matter said on Thursday, after it sold two portfolios to Cerberus.
MADRID, July 19 Banco Sabadell is close to selling two real estate loan portfolios with a gross value of 3.3 billion euros ($3.8 billion), a source with knowledge of the matter said on Thursday, after it sold two portfolios to Cerberus.
MADRID, June 22 Spain's bank-funded deposit guarantee fund (FGD) is in talks with Banco Sabadell and BBVA to simplify toxic real asset sales, the deputy governor of Bank of Spain said on Friday.
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