"la Caixa" (formally Caixa d'Estalvis i Pensions de Barcelona, Spanish: Caja de Ahorros y Pensiones de Barcelona) is the leading European savings bank and the third largest Spanish financial group by business and results. At the forefront of retail banking in Spain, and with the largest network of branches and cash dispensers, the Institution is developing an international expansion plan aimed at new markets. Total Assets: €368 billion (as of March 31, 2013).
The Group undertakes the banking activity indirectly through CaixaBank. CaixaBank brings together all the banking business of "la Caixa", the participations in international banks, the insurance business and the participations in Telefónica and Repsol.
"la Caixa" is the result of the merger, in 1990, of the Caja de Pensiones, founded in 1904, and the Caja de Barcelona, founded in 1844.
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12.04.2011 Group issues 1,250 million euros in five-year Spanish mortgage covered bond. Demand for the issue was of 1,600 million euros, attracting interest from 100 investors around the world. More
No more queues in front of ATMs - 23.01.2013 Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013 Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities. Source: BBC
Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012 Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one. Source: Reuters