The group posted particularly disappointing third quarter results characterised mostly by a sharp reduction in the credit spread largely driven (but not only) by the unexpected removal of the floors on mortgages.
23 Oct 2015
Unexpected mortgage floor removal
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Unexpected mortgage floor removal
CaixaBank SA (CABK:WBO) | 0 0 1.0% | Mkt Cap: 24,117m
- Published:
23 Oct 2015 -
Author:
David Grinsztajn - Pages:
The group posted particularly disappointing third quarter results characterised mostly by a sharp reduction in the credit spread largely driven (but not only) by the unexpected removal of the floors on mortgages.