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Banco de Sabadell, S.A. (Catalan: Banc Sabadell) is a Spanish multinational financial services company headquartered in Alicante and Barcelona, Spain. It is the 4th-largest Spanish banking group. [ 2 ]
Sabadell's return to its historic home is "a big step so that Catalonia is once again the locomotive of the Spanish economy", said Josep Sanchez Llibre, head of the regional employers' organisation.
Banco Santander; BBVA; CaixaBank; Banco Sabadell; There were formerly a "big six" (los seis grandes) composed of three banks that are now part of BBVA (Banco de Bilbao, Banco de Vizcaya, and state-owned Banco Argentaria) and three now combined as Santander (Banco Central, Banco Hispanoamericano, and Banco de Santander).
In 1996, Grupo Banco Sabadell acquired Banco NatWest España for £123m, integrating it with its Banco de Asturias subsidiary to form Solbank SBD S.A. in 1997. [2] In 2001, Solbank SBD was legally absorbed into Banco Sabadell, with its branches continuing to operate under the Solbank brand (Sabadell Solbank from 2010) for marketing purposes.
In 1999, BBVA regained partial ownership of Banco Atlántico after acquiring Argentaria, a group of banks created by the Spanish government, including Banco Exterior. In 2003, Banco Sabadell acquired and absorbed Banco Atlántico, outbidding several competitors, including Barclays Bank and Caixa Geral de Depositos of Portugal. Banks portal
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In 2007 he joined Banc Sabadell as the new CEO. [4] During his management, Sabadell grew and acquired other entities such as Banco Gallego and Caja de Ahorros del Mediterráneo.(CAM) In December 2020 he stepped down as CEO of Banc Sabadell, and in 2022 he was elected president of the Barcelona's think tank Cercle d'Economia. [5]
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