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Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.279 EUR | +0.86% |
|
+3.73% | +41.76% |
| 07-09 | French elections: EU banks can sleep soundly |  |
| 07-09 | The IBEX 35 loses the 11,000 level again with an eye on Powell | RE |
MADRID (Reuters) - Spain's third-largest bank Caixabank has proposed to unions the layoff of 2,157 workers, or around 7 percent of the total workforce in Spain, as part of its restructuring plan, a source at the bank said on Thursday.
The lender said on Nov. 27 it planned to cut almost a fifth of its branches in Spain over the next three years in a drive to boost profitability while pursuing its digital transformation.
"The restructuring plan will generate a labour excess that Caixabank estimates at 2,157 people," the source said.
(Reporting by Andres Gonzalez; Writing by Paul Day; Editing by Andrei Khalip)
| 1st Jan change | Capi. | |
|---|---|---|
| +41.76% | 41.9B | |
| +23.69% | 598B | |
| +29.86% | 328B | |
| +14.40% | 280B | |
| +19.73% | 196B | |
| +17.63% | 183B | |
| +16.78% | 179B | |
| +4.14% | 157B | |
| +13.16% | 157B | |
| +18.46% | 150B |
CAIXABANK, S.A. 
