trending Market Intelligence /marketintelligence/en/news-insights/trending/8lh5zt6qredimrfbzldsxq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Banco de Sabadell to shutter 250 branches in Spain in 2017

Mining Exploration Insights – May 2020

Essential Energy Insights - May 14, 2020

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Credit Analytics Case Study: Provogue (India) Limited and Shree Renuka Sugars


Banco de Sabadell to shutter 250 branches in Spain in 2017

Banco de Sabadell SA intends to shutter 250 bank branches in Spain in 2017, representing 11% of its local branch network, Reuters reported Dec. 23, citing "a source at the bank."

Through the move, the Spanish lender aims to reduce costs and offset decreasing profit margins as well as meet increasing customer demands for online services, the source told Reuters.

Having already shuttered 92 branches in 2016, the additional 250 branch closures will result in the relocation or early retirement of 800 workers, the source said. However, Expansión said all affected workers would be laid off, Reuters noted.