Thursday, 1 October 2015

Victorina buys BCS 14.78: For simplicity sake, I'd recommend you to trade in Caixabank's shares through the facilities of the Madrid Stock Exchange where the company is listed with CABK as its ticker.

The CAIXY-listing offers decent volume with 100,000 shares traded on a daily basis, but keep in mind 1 CAIXY share represents just 1/3rd of a CaixaBank share. Not BBVA nor Santander is the largest bank in Spain, but Caixabank is; but that's also an advantage as its activities largely depend on the Spanish economy. CaixaBank has a finger in a lot of pies, it's a large shareholder in 4 other banks, and a key shareholder in Telefonica and Repsol, two dividend champions. AXA has said it is interested to learn how blockchain might improve transactions in real estate, intellectual property and insurance. Blockchain, the ledger-like technology that bitcoin runs on, has been touted as a viable way to facilitate many different transactions, something that several banks are looking into.


Katrice:
Sending bitcoin payments would carry a much lesser fee and could provide a new option to expats working abroad and sending money to their families at home.

Leola:
This is especially true when it comes to sending money to countries with an underdeveloped financial sector where much of the population is unbanked.

Shakita:
The divesture will allow banking major Barclays PLC ( ADR ) ( NYSE:BCS ) to refocus its efforts on its primary markets and work towards increasing its profitability.

Agripina:
The expansion moves aboard are occurring after the home market posted significant growth over the past few quarters.

Lin:
Spanish banking giants in the recent past have embarked on a series of merger and acquisition activities to expand their global foot print.

Leon:
The second deal has been valued at 75 million euros.

Thresa:
The development is being seen as a practical execution of Bankinter SA previously stated goal of expanding its foot print globally.

Rosalee:
The move is expected to provide the Spanish banking major a firm foot hold in a mature market outside its borders.

Madison:
The banking operations being sold off in Portugal have been valued at nearly $112 million which roughly translates to 100 million euros.

Frances:
This will be particularly important in terms of the sale of retail banking units in Italy and France, which are larger in size than the Spanish unit.

Barclays Plc (NYSE:BCS)
//stockhand.net/us/?q=nyse%3Abcs&id=513683

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