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  • Spain's CaixaBank and Bankia on Thursday approved their merger into the country's biggest lender, an informed source said. "The deal was approved" by the boards of the two banks and the details will be made known on Friday morning, the source said. The merger will transform the Spanish banking sector, creating the country's largest bank with combined assets of around 664 billion euros. emi/ach/pvh
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  • Merger of Spain's CaixaBank and Bankia approved: source
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