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CaixaBank and Sabadell still have “risks”

The relocation of Banc Sabadell and CaixaBank has “shored up deposits” and “eased the pressure on liquidity,” but “the banks are still at risk in Catalonia.” This is the opinion of the rating agency Moody’s, in a report released yesterday which says political tension is “negative” for the credit rating of both banks, as it could create “volatility” of its financing and business divisions.

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