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On Thursday, the Financial Services Authority (FSA) announced plans to expand its Remuneration Code of Practice to incorporate the board remuneration rules required by the Capital Requirements Directive (CRD 3) and the Financial Services Act 2010 (FS Act
On Thursday, Caja de Ahorros y Monte de Piedad de Madrid (Caja Madrid), Spain's third largest financial institution announced that it had reached an initial merger agreement with Caja de Ahorros de Valencia, Castellón y Alicante (Bancaja
On Friday, Spain's two largest Cajas, or savings banks, Caja de Ahorros y Monte de Piedad de Madrid (Caja Madrid) and Caja de Ahorros y Pensiones de Barcelona (La Caixa), announced separate plans to combine with some of the country's weakest savings institutions
