CaixaBank’s Post

💥 Big moves in the banking sector! 💥 BBVA’s Chair, Carlos Torres, has boldly claimed the bank's €10bn hostile bid for Sabadell is unstoppable. Significant? Absolutely. This could reshape the Spanish banking landscape and beyond. Here are the highlights: 🔹 BBVA aims to strengthen its market position and scalability in Spain. 🔹 Sabadell, a smaller rival, holds valuable regional assets and customer bases. 🔹 Expected benefits include cost synergies, expanded technological capabilities, and enhanced competitive edge in the digital banking arena. Potential impacts: - **Banking Industry**: Consolidation could spark more mergers, pushing for greater efficiency but also heightened regulatory scrutiny. - **Tech Integration**: Accelerated adoption of AI and digital solutions to streamline operations and enhance customer experience. - **Economic Ripple**: Such a high-stakes move could boost investor confidence and influence economic conditions positively. 💡 What does this mean for businesses? With larger entities leading digital innovation, SMEs must ramp up tech adoption to stay competitive. This merger highlights the need to leverage smart AI systems for optimized operations and customer management. Your thoughts? 👇 How will this bold move by BBVA shape the future of the banking sector? Let's discuss! #BBVA #Sabadell #Banking #MergersAndAcquisitions #DigitalTransformation #BusinessStrategy 👉 If you’d like to sign up to our newsletter (it's free) to join 50,000+ business owners leveraging smart AI systems, click here: https://lnkd.in/gjWhtUK

Commerzbank's Record Profits: How Innovation and Growth Led to Success #automation #capitalratio #CEOMartinZielke #changingmarketconditions #Commerzbank #corporateclientbase #deutschebank #Digitalization #digitization #Europe #financialresults #Germanbank #growth. #highinterestrates #Innovation #InterestRates #lendingbusiness #netprofit #provisionforcreditlosses #reducecosts #restructuringefforts #revenuefromlending #shareprice #strategicpartnership #streamlineoperations

Chart of the Day (08/16/24) Nu Holdings Ltd. (NU, NYSE) Open Position: 4.8% Effective Cost: $9.90 Stop: TBD Nu Holdings Ltd. is the world's largest Non Asian digital bank, providing a digital banking platform in Brazil, Mexico, Colombia, Cayman Islands, Germany, Argentina, the United States, and Uruguay. NU Holdings is a unique fintech company. I'm not sure if I've seen this kind of progress and growth in this sector, ever. In 2.5 yrs. NU went from -20% EBIT (Earnings Before Interest and Tax) margins to 27%, with gross profit growing at 130%, year over year. This kind of growth in earnings and revenues is quite rare. Maybe that's why Warren Buffett is a shareholder too. NU is now trading at 13.5x 2025 operating income. The company may only be scratching the surface on the total addressable market, which I’ve seen some peg close to $280B for Latin America alone. After trading around our original $8.90 buy in January, our effective cost exposure is $9.90. NU recovered from the recent selloff and is trading above 4 moving averages. Our stop is TBD.

✨INTESA SANPAOLO HAS BECOME THE EU'S LARGEST LENDER OVERTAKING SANTANDER✨ Intesa Sanpaolo SpA became the European Union’s largest lender by market value for the first time, overtaking Banco Santander SA after a surge in the Italian bank’s share price this year. At €69.6 billion ($77.1 billion), Intesa’s market capitalization is now slightly more than Santander, which held top spot on Monday, after declines in both stocks on Tuesday. The banks are both similar in value to France’s BNP Paribas SA, the region’s long-time leader. Intesa’s results have been resilient this year and it has also raised guidance. Chief Executive Officer Carlo Messina is counting on growth in insurance, asset and wealth management to lift fee income as the tailwind from high interest rates starts to fade. Meanwhile BNP Paribas has seen its stock hurt by political turmoil in France following President Emmanuel Macron’s decision in June to call snap parliamentary elections. On Tuesday, Morgan Stanley analysts downgraded European banks to in-line from attractive, citing weak macroeconomic data and falling central bank rates weighing on net interest income. Spartan International Executive Search Spartan International Group Oliver Rolfe https://lnkd.in/eqhXzHhb

The global economy is still reliant on #cash, even with the rise of digital payments. Here's an interesting quick read on where NCR Atleos is looking to expand next: https://shorturl.at/dozFM 

With the rise of digital payments, it's interesting to note that the global economy is still reliant on #cash. Here's an interesting quick read on how economies are reliant on cash and the important of accessibility to ATMs:

Spanish bank profitability remains robust and we expect banks to maintain double-digit returns on equity in 2024. But could BBVA’s bid for Sabadell herald a shift in competitive dynamics? Join us for this webinar when Carola Saldias Castillo will talk about the key drivers of Spanish bank performance and discuss Scope’s outlook. Marco Troiano, CFA Giacomo Barisone, PhD #financialinstitutions

Cash or Card The Future of Global Payments BCG’s latest report reveals that bold moves are reshaping the global payments landscape. From innovative fintechs to digital currencies, the industry is evolving at lightning speed! In this high-stakes game, agility and the courage to embrace change are key to staying ahead. Companies that take risks now will be tomorrow's leaders in the world of payments. Curious how you can be part of this shift? Check out BCG’s insights and stay ahead of the curve! #GlobalPayments #Fintech #DigitalTransformation #BoldMoves #FutureOfFinance #Innovation #BCGInsights #finance #bcs #atm https://lnkd.in/e-FHDUfB

The global economy is still reliant on #cash, even with the rise of digital payments. Here's an interesting quick read on where NCR Atleos is looking to expand 

Spain wins the #Euro2024: celebrating excellence on the field and in #DigitalBanking. Just as Spain's football team has showcased excellence on the field, the following digital banks are leading the way in Spain by personal customer numbers: 🏅imagin associated with CaixaBank - 3.3 million users - Up 10% YoY 🥈 Revolut - 3 million users - Up 50% YoY (45 million globally) 🥉 Openbank associated with Santander - 2 million users - Up 29% YoY (2.5 million globally) These institutions are not only growing rapidly but also setting new standards in digital banking. Congratulations to Spain for the outstanding achievements! Check the complete Spanish Banking Profile on https://lnkd.in/dQzexCQ5 #CInnovation #FintechInsights #FintechInnovation #FinanceInsights #BankingRevolution #DigitalTransformation #BankingInnovation #FinancialGrowth #Finance #Banking #NeoBanking #FinancialServices #Fintech #BankingNews #TechInFinance #FinancialNews #uefa #football