September 30, 2016 3:41 PM ET

Banks

Company Overview of Banca March S.A.

Company Overview

Banca March, S.A. provides various banking and financial services to individuals and businesses in Spain and internationally. It offers saving and investment, financing, provision and retirement, insurance, mutual fund, and institutional SICAV products, as well as promissory notes, bonds, and structured securities. The company also provides collection and payment, treasury management, commercial risk management, and international business services; and corporate advisory services comprising financing capital markets, risk and insurance, and market risk hedging. In addition, it offers financial advisory services. The company was founded in 1926 and is based in Palma de Mallorca, Spain.

Avenida Alexandre Rosselló nº8

Palma de Mallorca,  07002

Spain

Founded in 1926

1,733 Employees

Phone:

34 971 77 91 11

Key Executives for Banca March S.A.

Chief Executive Officer
Chief Financial Officer, Chief Operating Officer and General Manager
External Director, Vice Chairman of Audit Committee and President of March Vida
Executive Director, Member of Executive Committee, Member of Risks Commission and Member of Remuneration & Appointments Committee
Age: 61
Executive Director and Member of Executive Committee
Compensation as of Fiscal Year 2016.

Banca March S.A. Key Developments

Banca March in talks to buy back 49.99% of Banco Inversis

Banca March S.A. plans to buy back 49.99% stake in Banco Inversis Net SA from Sociedade Comercial Orey Antunes SA (ENXTLS : ORE). The potential deal would come six months after Banca March sold the 49.99% stake in Inversis to Orey for €21.74 million.

Banca March SA Announces Management Changes

Banca March SA appointed José Luis Acea Rodríguez CEO as part of a series of management changes. Rodríguez was previously general director and director of corporate banking. He succeeds José Nieto de la Cierva, who will take on other responsibilities within the group while continuing as chairman of Banco Inversis SA and director at Ebro and Corporación Financiera Alba. José Manuel Arcenegui Linares, currently director of M&A, will become director of corporate banking, and Francisco Salas Ruíz, territorial director of high-net-worth banking for Madrid, was named director of high-net-worth banking. Rita Rodríguez Arrojo, who is general director and human and intangible resources manager, was appointed executive vice president of the bank, while Ángel Martínez Marañón, currently external communication and quality unit director, was named director of commercial and private banking.

Banca March S.A., Annual General Meeting, Jun 22, 2015

Banca March S.A., Annual General Meeting, Jun 22, 2015.

Similar Private Companies By Industry

Company Name Region
Atlas Capital Patrimonio SL Europe
Banca March S.A. Europe
Banca Pueyo S.A. Europe
Banco Caminos, S.A. Europe
Banco Europeo de Finanzas, S.A. Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 13, 2016
Banco Inversis Net SA
Merger/Acquisition
December 17, 2015
Natixis Partners España
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Banca March S.A., please visit www.bancamarch.es. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.