UPDATE 2-Spain's top banks encourage 'virtual' AGMs as coronavirus precaution [Reuters]
CAIXABANK SA UNSP/ADR (CAIXY)
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Source: Reuters
UPDATE 2-Spain's top banks encourage 'virtual' AGMs as coronavirus precaution * Employee at Spain’s BBVA tests positive for coronavirus * BBVA shuts down office building in Madrid * Santander moves 60 employees to different Madrid offices * Santander provides loans worth 20 bln euros to help SMEs (Adds coronavirus case at BBVA, contingency plans by Santander) By Jesús Aguado MADRID, March 10 (Reuters) - Spain’s largest banks sought to minimise the business effects of the coronavirus outbreak on Tuesday, with Santander and BBVA both calling on shareholders to participate remotely at their annual general meetings. Twenty-eight people have died in Spain from the coronavirus, with the number of cases jumping on Monday to 1,204, one of Europe’s highest, but far less than in Italy. Santander, Spain’s largest bank, said that as a precautionary measure it had asked employees in its corporate centres in Madrid to work from home for the next 15 days, while a BBVA spokesman said it had closed a
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