Report
Steven Gould

CaixaBank : IRPH: barely greater visibility but the bias should in theory be less unfavourable

>Initial conclusions from the European Court of Justice: key takeaways - Yesterday morning, the European Public Prosecutor issued his first conclusions on the IRPH with the central question of transparency on the part of banks. The message does not provide as much visibility as expected on the final outcome but a slightly less unfavourable bias than investors feared. We note in particular the following points in the report, which were also highlighted by the ABE ...
Underlying
CaixaBank SA

Caixabank is an investment company based in Spain. Co. is involved in investment portfolio management activities across two areas: Services and Financial Business and Insurance. In the services area, Co. provides investment solutions for companies involved in the infrastructure, energy, services and entertainment sectors. In the financial business and insurance area, Co. is engaged in the investments for international banks, insurance and specialist financial services. Co. focuses most of its banking investments in India, China, the U.S., and Central and Eastern Europe with a particular interest in retail banking. Co. is also involved in the disinvestments activities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Steven Gould

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