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Spanish Banks' ECB Borrowing At Around 289.69 Bln Euros In July - Bank Of Spain

Aug 12 (Reuters) - Bank of Spain: * SPANISH BANKS' ECB BORROWING AT AROUND 289.69 BILLION EUROS IN JULY Source text: Link (Gdansk Newsroom)
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Spanish ruling coalition proposes windfall taxes on utilities, banks

By Christina Thykjaer and Jesús Aguado MADRID, July 28 (Reuters) - Spain's leftist ruling coalition introduced a draft bill on Thursday to create a temporary tax on bank revenues and power utilities' sales to raise 7 billion euros ($7.09 billion) by 2024, a spokesperson for the Socialist Party in Congress said. The measures, part of package to help Spaniards cope with soaring inflation, include a 1.2% levy on Spanish power utilities' sales and a 4.8% charge on net interest income, a measure of
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Santander Brasil beats net profit forecasts but raises loan-loss provisions

(Recasts with share reaction, analyst comments) By Gabriel Araujo SAO PAULO, July 28 (Reuters) - Banco Santander Brasil SA SANB11.SA on Thursday beat second-quarter net income market expectations but its loan-loss provisions rose against a challenging macroeconomic backdrop, sending its shares almost 3% lower. Net profit rose 2% from the previous quarter to a better-than-expected 4.08 billion reais ($778.08 million), as analysts polled by Refinitiv had forecast the Brazilian unit of Spain's Banc
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Financial Times - July 20

July 20 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Ocado Retail chief Melanie Smith to quit Link - Royal Mail postal workers vote to strike Link - Banks and insurers boost UK staff pay to combat cost of living Link - Ministers wasted 190 mln stg 'repeatedly' altering rail upgrade plans Link Overview - Ocado Group OCDO.L , the online supermarket and technology firm, said Melanie Sm
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Spain readies 5% bank levy on interest, commissions, sources say

MADRID, July 18 (Reuters) - Spain's government is readying a levy of just below 5% on net interest income and banking commissions as part of a package to raise 3 billion euros ($3.05 billion) to help tackle the impact of inflation, two sources with knowledge of the matter said. Spanish Prime Minister Pedro Sanchez said last Tuesday that a temporary banking tax would be imposed in 2023 and 2024 but gave no further details.
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