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Sabadell CEO Jaime Guardiola and CFO Tomas Varela have transformed the Catalan bank. Illustration: David Manion |
Think Catalan bank and there has really been only one name in the game, Barcelona-based powerhouse Caixa. Rarely, if ever, does Caixa’s regional rival Banc Sabadell come to mind. That is not surprising. Caixa is the biggest, most visible bank in Spain’s most-economically buoyant region. It boasts more customers and branches than any other bank in the wider Spain beyond.
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