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CaixaBank : Credit Update; Buy AT1 and Senior Preferred

CaixaBank is holding today its Ordinary General Meeting in Valencia where it transferred its registered office in October following the referendum in Catalonia and subsequent political and social unrest. Political turmoil seems abated for now; the Spanish economy has not been affected, performed well in 2017 (GDP grew 3.1%) and is expected to continue doing so in the coming years (2.8% and 2.4% GDP growth expected by ODDO BHF in 2018 and 2019 respectively). Given its strong exposures to the Span...

CaixaBank : Credit Update; Buy AT1 and Senior Preferred

CaixaBank is holding today its Ordinary General Meeting in Valencia where it transferred its registered office in October following the referendum in Catalonia and subsequent political and social unrest. Political turmoil seems abated for now; the Spanish economy has not been affected, performed well in 2017 (GDP grew 3.1%) and is expected to continue doing so in the coming years (2.8% and 2.4% GDP growth expected by ODDO BHF in 2018 and 2019 respectively). Given its strong exposures to the Span...

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