|Bid||2.5250 x 0|
|Ask||2.5280 x 0|
|Day's Range||2.5240 - 2.5730|
|52 Week Range||1.5180 - 2.8950|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||3.98|
|Earnings Date||Oct 28, 2021 - Nov 01, 2021|
|Forward Dividend & Yield||0.03 (1.07%)|
|Ex-Dividend Date||May 20, 2021|
|1y Target Est||4.47|
MADRID (Reuters) -Spain's High Court has dropped a formal investigation into the chairman of oil company Repsol Antonio Brufau after it found no evidence of his alleged participation in a decade-old spying case, a court document showed on Thursday. The investigating judge Manuel Garcia Castellon also dismissed an investigation against former Caixabank chairman Isidro Faine and the companies Repsol and Caixabank.
MADRID (Reuters) -Hundreds of Caixabank employees gathered outside the Spanish lender's shareholder meeting in Valencia on Friday to protest its plans to cut nearly a fifth of its staff in Spain, while some retail investors complained about executives' pay. Video released on social media by the Comisiones Obreras (CCOO) union showed people, some wearing masks with faces of Caixabank executives, protesting outside Valencia's Palacio de Congresos, where the meeting was taking place. Shareholders nevertheless backed a hefty salary proposal for new Caixabank Chairman Jose Ignacio Goirigolzarri, while the Spanish state, which holds a 16% stake in the lender, voted against it, a source with knowledge of the matter said.
Rating Action: Moody's upgrades and confirms ratings of Notes in 5 Spanish RMBS transactions connected to Bankia, S.A.Global Credit Research - 31 Mar 2021Paris, March 31, 2021 -- Moody's Investors Service ("Moody's") has today upgraded and confirmed the ratings of Notes in five RMBS transactions. According to our methodology, the rating constraints due to exposure to CaixaBank, S.A. are higher than they were when the Notes were exposed to Bankia, S.A. before the merger.Moody's confirmed the ratings of the classes of Notes that had sufficient credit enhancements to maintain their current ratings.Key Collateral Assumption RevisedAs part of the rating actions, Moody's reassessed its lifetime loss expectations and recovery rates for the portfolios reflecting their collateral performances to date.Moody's revised its expected loss assumptions as follows:(i) BANCAJA 13, FTA, set at 7.78% from 8.10%.(ii) MBS BANCAJA 6, FTA, set at 5.26% from 5.59%.(iii) Madrid Residencial I, FTA, set at 5.63% from 6.15%.(iv) Madrid Residencial II, FTA, set at 5.58% from 6.20%.(v) MADRID RMBS IV, FTA, set at 11.12% from 11.60%.All as a percentage of the original pool balance for each transaction.Moody's has also assessed loan-by-loan information as a part of its detailed transaction review to determine the credit support consistent with target ratings levels and the volatility of future losses.