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Rankings & dataNovember 7 2017

Catalonia crisis reshapes Spain’s bank sector

The outcome of the region’s disputed independence referendum is still far from clear, but a light has been shone on where Spain’s banking assets are based.
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Catalonia’s declaration of independence following the region’s October 1 referendum, and the Spanish government’s use of emergency powers to seize direct control of the region, has sparked the country’s biggest political crisis in decades.

The outcome of last month’s events is still far from clear. However, more than 1,300 entities have reportedly been prompted to transfer their legal headquarters from the region.

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