Reported 3 months ago
Banco Sabadell's board is set to discuss moving its headquarters back to Catalonia, citing the bank's significance to the regional economy amidst a backdrop of previous uncertainty due to Catalonia's independence bid in 2017. The decision comes as a response to hostile takeover attempts by BBVA, with some analysts seeing the maneuver as part of a broader political strategy. If successful, Sabadell would be the first major company to return to Catalonia since many fled following the independence crisis.
Source: YAHOO