Puts pressure on bbva, caixabank, sabadell and popular to apply that same formula, with which lawyers would be left without a million-dollar business ana botín admits that banks have abused clients the banks' tricks with floor clauses: conquer, seduce, promise, scare jose ignacio goirigolzarri. Jose ignacio goirigolzarri. Updated Namibia Phone Number List bankia has launched an express procedure to return the entire amount of the floor clauses retroactively despite not having been definitively condemned. The entity also seeks to take business away from what are known as media offices that have grown based on claims of banking abuses before the courts. José ignacio goirigolzarri justified the decision based on the cost savings that would result from avoiding judicialization of the process, in view of the signs of the sentences that the bank has already received: 90% agree with the client and only 10% with the entity.
We have a lot of experience from the processes we have experienced in litigation over hybrid exchanges and going public,” he indicated. The group has allocated around 200 million gross for the floor clauses and calculates a cost savings of around 100 million . But the objective is not only to avoid a long and expensive process for the 60,000 affected customers . Nor only preserve shareholders' assets by minimizing legal costs. These were the two arguments that were provided this monday, during the presentation of results, by both the president and the ceo, josé sevilla. Disfigure the behavior of media firms as el confidencial digital has learned , bankia's leadership also admits that the decision seeks to undermine the conduct of law firms that have found a way of doing business in complaints to financial entities , placing this entity especially in the spotlight.
Shooting thus, one of the goals is to discourage the widespread demands for dispatches that have arisen in the heat of the preferential shares, bankia's ipo and now with the problem of floor clauses. In short, put an end to the system of law firms that do business off the banks' coasts and have "severely mistreated" bankia, in the words of one of the bank's senior executives this monday. Bankia has already given a first notice with the paho last year, the frob resolved one of its biggest headaches by announcing a solution for all bankia retail investors. The entity chaired by josé ignacio goirigolzarri, but controlled by the state, returned the money to small investors who bought shares in the entity's ipo in . The bank thus avoided judicial proceedings and fully returned the lost capital with 1% annual interest to shareholders.