Top management at Unicaja and Cajasur have made a tentative agreement on merger terms in order to prevent intervention by the Bank of Spain.
Unicaja and Caja de Jaén expected to approve merger
The respective boards of directors of Unicaja and Caja de Jaén are expected to meet today and approve the proposed merger agreement between the two entities.
CajaSur and Unicaja agree merger terms
The Andalucian savings banks CajaSur and Unicaja have agreed merger terms which will also include Caja Jaén. The move will make the new entity the six largest savings bank in Spain in terms of volume of activity.
Unicaja and Caja de Jaén discuss merger
The presidents of Unicaja and Caja de Jaén, Braulio Medel and José Antonio Arcos, have been meeting to discuss a merger between the two savings banks.
Banco Popular to absorb the Banco de Andalucía
The Banco de Andalucía is to be totally absorbed by the Banco Popular after an agreement between the boards of the two banks.
British Airways and Iberia to merge
British Airways and Iberia have been holding talks regarding a merger between the two companies.