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InterviewsJanuary 5 2004

The sacred and the mundane

Javier Valls, chairman of Banco Popular Espańol, tells Karina Robinson about the strategy he and his brother Luis are using to ensure the bank remains successful and efficient.
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There was an absence from the table as I lunched with Javier Valls, chairman of Banco Popular Espańol, one of the best banks in the world. His brother, Luis Valls, is a member of the Opus Dei religious order and eschews a public profile.

“Luis Valls does the strategy. [He is all about] frugality and austerity. The best banker the country has had,” says the president of a top Spanish bank.

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