So says Bloomberg citing El Confidencial 3 Oct
They in turn cite "unnamed industry sources"
- ECB was in touch with main Spanish banks yesterday to inquire about possible impact of situation in Catalonia
Seems like a perfectly sensible thing to do.
- given that there have not been any significant movements by account holders or bank clients the ECB has not summoned any official meeting or made special requests
- neither of Catalonia's two banks Caixa and Sabadell contemplate independence as a realistic outcome but both banks have contingency plans
Meanwhile EURUSD 1,1707 just off session lows
ECB in touch with main Spanish banks
