https://feeds.thelocal.com/ Read the latest news and views from Spain in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Half of all bank branches in Catalonia have closed shop in the last decade, leaving residents in hundreds of municipalities without a way of withdrawing cash. https://www.thelocal.es/20181204/why-are-so-many-atms-disappearing-in-catalonia Tue, 04 Dec 2018 12:00:28 +0100 why-are-so-many-atms-disappearing-in-catalonia Spain and Europol on Monday announced the arrest of a Ukrainian man dubbed the mastermind of a gang behind hundreds of cyberattacks that have netted around a billion euros from banks. https://www.thelocal.es/20180327/spain-arrests-ukrainian-cyber-criminal-mastermind Tue, 27 Mar 2018 12:07:16 +0200 spain-arrests-ukrainian-cyber-criminal-mastermind Spanish police swooped in on a pair suspected of blowing up more than a dozen cash machines on the Costa del Sol. https://www.thelocal.es/20161111/two-brits-arrested-for-blowing-up-costa-del-sol-cashpoints Fri, 11 Nov 2016 15:52:57 +0100 two-brits-arrested-for-blowing-up-costa-del-sol-cashpoints Spain's struggling Banco Popular said on Tuesday that it plans to axe up to 3,000 jobs, about a fifth of its workforce, in the latest round of cost cutting by a Spanish lender. https://www.thelocal.es/20160921/spain-banco-popular-to-axe-3000-jobs-in-cost-cutting-plan Wed, 21 Sep 2016 14:49:24 +0200 spain-banco-popular-to-axe-3000-jobs-in-cost-cutting-plan A German startup is offering Spaniards the chance to avoid the hassle of long queues and awkward opening hours of Spanish banks and do everything on a smartphone - and in English. https://www.thelocal.es/20151203/meet-the-startup-looking-to-revolutionize-the-spanish-banking-experience Thu, 03 Dec 2015 16:32:48 +0100 meet-the-startup-looking-to-revolutionize-the-spanish-banking-experience A Spanish man has been arrested after failing to report and instead withdrawing funds when his bank account was credited €60,000 in error. https://www.thelocal.es/20150902/spaniard-arrested-keeping-money-in-bank-error Wed, 02 Sep 2015 14:24:24 +0200 spaniard-arrested-keeping-money-in-bank-error A thief in Extremadura fled from police on a bicycle after robbing a bank, but lost half of the stolen €5,000 in the process. https://www.thelocal.es/20150611/bank-robber-loses-half-of-booty-on-getaway-bike-bicycle Thu, 11 Jun 2015 14:23:50 +0200 bank-robber-loses-half-of-booty-on-getaway-bike-bicycle The eurozone's biggest bank, Spain's Santander, said on Tuesday its first quarter net profit jumped 32 percent as strengthening economic recovery in its home market boosted revenue. https://www.thelocal.es/20150428/santanders-profits-jump-as-spanish-economy-recovery Tue, 28 Apr 2015 15:42:31 +0200 santanders-profits-jump-as-spanish-economy-recovery Spain's second-biggest bank by market value BBVA said on Wednesday its profits tripled in the third quarter despite falling over the first nine months of this year after exceptional gains in 2013. https://www.thelocal.es/20141029/spanish-bank-bbva-says-quarterly-profits-triple Wed, 29 Oct 2014 14:51:00 +0100 spanish-bank-bbva-says-quarterly-profits-triple Spanish lender CaixaBank posted on Thursday a first-quarter net profit of €152 million ($210 million), a 54.6-per cent drop from the figure at same time last year when it was boosted by one-off gains from acquisitions. https://www.thelocal.es/20140424/spains-caixabank-reports-profits-halved Thu, 24 Apr 2014 19:06:00 +0200 spains-caixabank-reports-profits-halved The Spanish government has announced the introduction of a new law that will widen the definition of Small and Medium Enterprises (SMEs) to incorporate more businesses and improve access to credit. https://www.thelocal.es/20130826/time-for-the-credit-to-flow-to-spanish-companies Mon, 26 Aug 2013 12:24:00 +0200 time-for-the-credit-to-flow-to-spanish-companies European Union officials hailed the strengthening of Spain's banking sector on Wednesday after they swooped to rescue it last year saying Spanish lenders need no more bailout funds for the time being. https://www.thelocal.es/20130710/spain-doesnt-need-bailout-money-now-eu Wed, 10 Jul 2013 18:31:00 +0200 spain-doesnt-need-bailout-money-now-eu Moody's credit rating agency has downgraded three nationalised Spanish banking groups, sending their debt deeper into junk bond territory on fears that private investors may get burned in case of trouble. https://www.thelocal.es/20130703/downgrade-deepens-debt-misery-for-spanish-banks Wed, 03 Jul 2013 17:26:00 +0200 downgrade-deepens-debt-misery-for-spanish-banks The Spanish government has refused to remove an emblematic shield of the Franco dictatorship from a Bank of Spain window in Alicante because of its 'artistic value'. https://www.thelocal.es/20130619/artistic-value-saves-franco-symbol-from-scrapheap Wed, 19 Jun 2013 12:12:00 +0200 artistic-value-saves-franco-symbol-from-scrapheap Britain's state-rescued Lloyds bank said on Monday that it has sold its loss-making Spanish retail banking activities to Spain's Banco Sabadell in a deal worth up to €100 million ($131 million). https://www.thelocal.es/20130429/british-bank-lloyds-sells-spanish-retail-activities Mon, 29 Apr 2013 15:38:00 +0200 british-bank-lloyds-sells-spanish-retail-activities Police have arrested four members of anarchist groups suspected of plotting to set fire to a bank ahead of a demonstration planned on Thursday in Madrid against the economic crisis, the government said. https://www.thelocal.es/20130425/cops-bust-bank-burners-in-madrid-raid Thu, 25 Apr 2013 14:35:00 +0200 cops-bust-bank-burners-in-madrid-raid Spain will likely need no more money from Brussels to fix its financial industry after receiving €41.4 billion ($54 billion) to shore up banks hammered by a 2008 property crash, the European Commission said on Tuesday. https://www.thelocal.es/20130305/spain-banks-dont-need-more-rescue-cash-brussels Tue, 05 Mar 2013 20:13:00 +0100 spain-banks-dont-need-more-rescue-cash-brussels