S&P Global Market Intelligence CONTRIBUTOR

David Hayes FIG Research

David Hayes is an assistant research manager on S&P Global Market Intelligence's financial institutions research team, which is responsible for data-driven news and research focused on banks, insurers and fintechs.

Full Bio

Date

Type

Title

Segment

Dec 2024

News

BBVA would likely sell UK-based TSB if successful in Sabadell pursuit – ana

Banco Bilbao Vizcaya Argentaria SA will likely offload Banco de Sabadell SA's UK subsidiary, TSB Banking Group PLC, should it succeed in its hostile takeover as this could free up capital and aligns with the Spanish lender's long-term strategy, according to analysts. BBVA's push to take control of its midsize rival calls into question the future of TSB, which does not seem to f...

READ

Dec 2024

News

Valencia floods highlight climate vulnerabilities of Spanish banks

The Oct. 29 floods in Spain's Valencia region killed more than 220 people and caused over €10 billion of damage. Source: David Ramos/Getty Images News via Getty Images Europe. The Spanish banking sector faces more urgent action to address the impacts of climate change than previously thought following the devastating floods that ripped through Valencia in late October. The sout...

READ

Nov 2024

News

UniCredit would become Italy's biggest bank after €10.1B Banco BPM takeover

UniCredit SpA would reclaim its position as the biggest Italian bank by assets if it successfully takes over midsized peer Banco BPM SpA, S&P Global Market Intelligence data shows. The Milan-based lender's assets totaled €803.51 billion at the end of September. Combining with Banco BPM, which held €195.43 billion of assets, would create a €998.94 billion business and surpass In...

READ