Spanish banks warn of Catalonia independence risks


  • World
  • Friday, 18 Sep 2015

MADRID (Reuters) - Major Spanish banks said on Friday a split between Catalonia and Spain would be a serious threat to financial stability in the northeastern region, where a looming election is being framed by local leaders as a vote on independence.

Spain's two main banking lobby groups AEB and CECA, whose members include Santander, BBVA and Barcelona-based Caixabank, warned secession could force lenders to consider leaving the region.

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