Brief: Sabadell Expect A Small Net Reduction In Staff Following Early Retirement Plan, CEO Says

Banco De Sabadell, S.a

05/05/2026 12:13

May 5 (Reuters) - Chief Executive Officer of Banco de Sabadell SA SABE.MC, Cesar Gonzalez-Bueno:

WE EXPECT A SMALL NET REDUCTION IN STAFF FOLLOWING EARLY RETIREMENT PLAN

BANK PLANS TO JOIN EUROPEAN STABLECOIN CONSORTIUM QIVALIS

BANK HAS ALREADY RECEIVED REGULATORY FIT AND PROPER AUTHORIZATION FOR APPOINTMENT OF MARC ARMENGOL AS NEW CEO, PENDING TOMORROW'S AGM APPROVAL

IT IS LOGICAL TO ASSUME THAT MEXICAN INVESTOR DAVID MARTINEZ WOULD SELL HIS STAKE IN THE BANK AT SOME POINT BUT WE DON'T HAVE VISIBILITY

LIKELIHOOD OF ANOTHER HOSTILE TAKEOVER BID FOR THE BANK IS INSIGNIFICANT

BANK AIMS TO KEEP GROWING IN CONSUMER AND CORPORATE LOANS

Further company coverage: SABE.MC

 (Reporting By Madrid Newsroom)

 ((emma.pinedo@thomsonreuters.com;))