In today’s top payments news around the world, CaixaBank and Bankia said they are combining in a deal that would make it the biggest financial institution in the country if approved, and Gojek is doubling down in Thailand with a new app. Plus, Western Union is...
CaixaBank and Bankia announced on Friday (Sept. 18) that they are merging in a deal that, if approved by regulators and shareholders, will create the country’s largest financial institution. “The deal comes as Europe’s financial sector braces for lean times. With banks’ profitability in recent...
December 29, 2021
Spanish insurance firm Mapfre has sold Bankia’s insurance platform to CaixaBank for 571 million euros ($645 million), although the sides noted that an ongoing arbitration process could increase the price, according to a Reuters report Wednesday (Dec. 29). CaixaBank, which took over Bankia in March, is paying 324 million euros ($367.7 million) for Mapfre’s 51% […]
September 18, 2020
CaixaBank and Bankia announced on Friday (Sept. 18) that they are merging in a deal that, if approved by regulators and shareholders, will create the country’s largest financial institution. “The...
