Santander

Bank shares around the world collapsed despite assurances from US President Joe Biden that the US financial system is safe, the BBC reported.

The decline in the stock's value comes after Biden vowed to do whatever it takes to protect the banking sector following the collapse of Silicon Valley Bank and Signature Bank.

A Spanish court has sentenced a former top banker to 18 months in jail for trying to smuggle a Picasso painting deemed a national treasure out of the country on a sailing yacht.    

The court also fined ex-Bankinter head Jaime Botin 52.4 million euros ($58.4 million), according to the Madrid court ruling issued on January 14 which was made public on Jan. 16.    

Spanish bank BBVA is considering making an offer for British bank HSBC?s businesses in Brazil and Turkey, senior bank executive Vicente Rodero said at an annual meeting in Mexico City, website CNNExpansion reported on June 10.

A US private equity fund, a Russian millionaire and a Bulgarian entrepreneur are showing their interest in Hypo Alpe Adria bank's subsidiaries, an Austrian daily argues.

Hypo Alpe Adria is to sell its branches across Southeast Europe, namely in Serbia, Slovenia, Montenegro, Croatia and Bosnia-Herzegovina, the countries where it is present.