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Governor of the Bank of Spain for granting Unicaja more money than Braulio Medel himself requested Luis de Guindos' anger with Miguel Ángel Fernández Ordóñez. The Governor of the Bank of Spain wanted to avoid, at all costs, the intervention of Caja España-Duero. He forced its merger with Unicaja and at a good price. He provided Braulio Medel with more public aid than the president of Unicaja himself requested to undertake the operation. As El Confidencial Digital has learned from financial sources, Minister De Guindos is not going to relieve MAFO as Governor of the Bank of Spain until his mandate expires next July. He believes that it would be destabilizing for the financial sector to dismiss him at this time. However, Luis de Guindos has 'clashed' with Fernández Ordóñez in the approach to the Unicaja-Caja España Duero merger.

The merger between Unicaja Banco and Banco Caja España-Duero ( Banco Ceiss ), from which the third group of savings banks will emerge by assets and business volume, will require public aid that will range between 475 and 1,500 million euros . And here the discrepancies between De Guindos and MAFO arise . While the Governor's UK Mobile Number List intention is that no more funds fail during his mandate, the minister refuses to contribute more public resources to the mergers. And even less in the conditions in which they have been provided in this operation. According to the sources consulted, the president of Unicaja, Braulio Medel , requested more public aid from the Bank of Spain to integrate Caja España Duero , claiming to have to assume significant risks in the merger.



Fernández Ordóñez not only accepted, but also provided more resources than those requested by Medel himself. A fact that deeply bothered the Minister of Economy, according to these sources. For many reasons . Not only because it refuses to commit more public money, which can later turn against it because the rest of the entities will also demand the same guarantees to take over funds in the hands of the State . Also because he blames Medel for not having been involved in the day-to-day operations of the merger with Caja España-Duero , and for having barely visited any of its offices. A practice that the minister especially values, and that was carried out, for example, by Jaume Guardiola , CEO of Banco Sabadell . Hence, the generous aid that the Bank of Spain offered to the Catalan entity to take over the nationalized Caja de Ahorros del Mediterráneo ( CAM ) is explained.
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