Consejeros

Writing Counselors

We want to tell what those who manage our capital, our votes, and our rights think, and why. In the large listed companies and in the major institutions that have emerged to defend and represent us, to set the course.

Articles by Writing Counselors

(Imagine Buddy, Unsplash)

4 Aug 2026

Investment funds reduce their assets by 0.6% in July, down to €476.678 billion

National Markets

Assets fall by €2.665 billion due to market effects, while net subscriptions total €10.169 billion for the year 2026
Bolsa de Madrid. (© Consejeros)

3 Aug 2026

The Spanish Stock Market traded more than 300 billion until July, 34.2% more than a year ago

National Markets

The Spanish Stock Market traded 303.578 billion euros in equities by the end of the first seven months of 2026, which is 34.2% more than the volume recorded in the same period last year, according to ...
(© Consejo General de Economistas de España)

3 Aug 2026

Spain and Portugal create a joint accreditation in corporate reporting

International Regulation

The General Council of Economists of Spain and the Order of Certified Accountants of Portugal sign a strategic alliance that will lead to a new professional title on accounting and sustainability, with a 210-hour programme aimed at the Ibero-American field.
Planta fotovoltaica Antequera-Casabermeja, Málaga. (© Greening Group)

31 Jul 2026

Success of Greening's takeover bid for Energy Solar Tech with 92% support from the share capital

Continuous Market

The Public Takeover Bid launched by Greening for Energy Solar Tech has concluded favourably after securing the support of more than 92% of the share capital. The level of backing obtained exceeds the ...
CNMV. (Zarateman. CC BY 4.0)

31 Jul 2026

The CNMV considers that the financial stability of the Spanish markets is solid, but warns about technological risks

National Regulation

Despite the rise in inflation and the upward revision of interest rate expectations, the level of stress in the financial system remains contained, reflecting the strength of the main financial indicators
(Igor Omilaev, Unsplash)

31 Jul 2026

Banking demands measurable profitability from AI

Corporate Activity

Bank boards no longer ask which technologies to test, but rather what the exact financial return of each investment is and what structural risks are assumed when scaling it. This is a conclusion from the study "The AI-Powered Banking Shift", prepared by Softtek.
Banco de España. (Juan Domenech, Unsplash)

30 Jul 2026

The Bank of Spain reorganises its departments and its management team

Corporate Activity

The restructuring has occurred following the departure of Galo Nuño, General Director of Institutional Relations, European Affairs and Transparency, who will focus on teaching and research, and of other senior officials, such as Secretary General Francisco Javier Priego and Deputy General Director Jaime Herrero.
(Hans Eiskonen, Unsplash)

30 Jul 2026

The preliminary CPI for July rises three tenths to +3.5% annually and the underlying rate rises one tenth to 3%

National Markets

Amid the energy shock due to the war in Iran, the CPI in July stood at 3.5%, which represents an increase of three tenths compared to what was expected by consensus and against the figure recorded in ...
José Bogas. (© Consejeros)

29 Jul 2026

José Bogas, former CEO of Endesa, joins the board of Berkeley to promote its mining project in Salamanca

Continuous Market

The appointment of José Bogas, who left Endesa last April after more than 40 years at the company, 12 of them as CEO, coincides with the discovery of lithium and rubidium "suitable for open-pit extraction on a large scale" by Berkeley Energía at its Las Conchas operation in Salamanca.
(Sasun Bughdaryan, Unsplash)

29 Jul 2026

34 “large insolvencies” - with accumulated billing of €1.481 billion - in Q2 2026, double that of Q2 2025

Corporate Activity

Despite the reduction in the overall volume of insolvencies by June 2026 (2,678, a -13% compared to the first half of 2025), insolvencies of larger companies are registering growth, indicating a more ...
(Conny Schneider, Unsplash)

29 Jul 2026

Spain ranks as the European country with the highest implementation of digital sovereignty policies

Corporate Activity

While many European organisations struggle to translate their awareness of digital risks into concrete policies, 56% of Spanish organisations have active digital sovereignty policies, according to the study «Tech Reality Check 2026», produced by Conclusion.
(© BME)

28 Jul 2026

ESMA authorises EuroCTP as a consolidated tape provider for shares and exchange-traded funds

International Regulation

The European Securities and Markets Authority (ESMA), the regulator and supervisor of financial markets in the European Union (EU), has authorised EuroCTP BV (EuroCTP) to operate as a Consolidated Tap...
(© Cobas AM)

28 Jul 2026

Cobas AM collects profits and rotates a quarter of its portfolios towards family holdings

National Markets

The manager is close to 4.674 billion euros under management driven by the progress of its international strategies and profit-taking in the energy sector.
(©Azkoyen Group)

27 Jul 2026

A consortium formed by Clerbil, Ohmnia, Fundación BBK and Indar launches a takeover bid for Azkoyen for €245 million at a price of €10/share

Continuous Market

The share price of Azkoyen closed Friday's session at 11.4 euros per share, which represents a 31% increase so far this year, although at the beginning of the month it nearly reached 15 euros. Thus, the offer of €10 per share has a discount of 12.3% compared to last week's close.
(Winston Tjia. Unsplash)

24 Jul 2026

The EU will review airline ownership rules to ensure regional strategic autonomy

International Regulation

The move comes amid the battle between two American investment funds, Castlelake and Apollo, for the purchase of EasyJet. The airline has backed Apollo's offer, but without explaining how it plans to meet EU requirements for majority ownership.
(Consejeros, generada con IA)

23 Jul 2026

ISS Stoxx adds nature-related questions to its global benchmark policies survey

International Regulation

This year's survey explores a range of emerging topics on governance, accountability, and disclosure in global markets.
(© Plus Ultra Líneas Aéreas, S.A.)

21 Jul 2026

Pedro Sánchez: Non Plus Ultra

Editorial Opinion

For there to be a rescue, there must be a rescuer. And the one who was the responsible minister, the now imprisoned José Luis Ábalos, has been very clear about this: “Zapatero pressured me to facilitate the rescue of Plus Ultra”, but when he failed to do so – because “it was not a consolidated airline” – “Zapatero bypassed me”. And who could be called upon if the responsible minister and number 2 of the PSOE refused the rescue? So you know, from now on Zapatero will become – another one – “That person you speak of.”
(Rainer Knäpper, Free Art License)

21 Jul 2026

CNMV opens public consultation on the project to simplify the semi-annual financial information of securities issuers

National Regulation

The National Securities Market Commission (CNMV) opens a public consultation, for a period of two months, on the project of circular regarding the semi-annual financial reports to be submitted by securities issuers admitted to trading with the aim of rationalising and simplifying them
(© Unión Europea - PE)

20 Jul 2026

Managers will have to wait: More than 600 amendments delay the approval of SFDR 2.0 in the European Parliament

International Regulation

The more than 600 amendments submitted make it impossible to follow the planned schedule and approve this month the comprehensive reform of the Sustainable Finance Disclosure Regulation. The so-called SFDR 2.0 - which will end the classification that managers have been using (in "art 8" and "art 9") - will not reach the Committee on Economic and Monetary Affairs for the final vote, and its subsequent ratification in the Plenary of the European Parliament, until autumn.
Enrique López. (© Amper S.A.)

20 Jul 2026

Amper makes its reverse stock split effective with an exchange of 1 new share for every 25 old shares

Continuous Market

The company has confirmed that its reverse stock split will be effective today, 20th July, with an exchange of 1 new share for every 25 old shares following the approval of a technical reduction. The ...
(© DIGI Spain Telecom, S.A.U.)

16 Jul 2026

Digi Spain falls 8% on its stock market debut

Continuous Market

Digi Spain went public today through a listing auction. The operation, aimed exclusively at institutional investors, consists of a capital increase of €150 million (€134 million net of commissions and...
(© Talgo S.L.)

15 Jul 2026

Ricardo Chocarro, new Chief Executive Officer of Talgo

Continuous Market

The Board of Directors of Talgo has appointed Ricardo Chocarro Melgosa as the new Chief Executive Officer of the company, to which he has been linked since February 2026 as an independent director, re...
(kazuend, Unsplash)

13 Jul 2026

Clarity AI Europe, the only Spanish firm in the first group authorised by ESMA to provide ESG ratings

International Regulation

Clarity AI Europe SL is the only Spanish rating firm that has notified ESMA (the coordinating body of European securities regulators) of its intention to continue operating in the EU under the transitional regime of Article 51 of Regulation (EU) 2024/3005, which comes into effect tomorrow
(Shubham Dhage, Unsplash)

13 Jul 2026

Abanca, Cecabank, Ibercaja, Kutxabank and Unicaja complete the first multibank trial of tokenised deposits in Spain

National Markets

The five financial entities have successfully executed the first proof of concept for multibank tokenised deposits. This trial has served to demonstrate that it is feasible to carry out interbank mone...
CNMV (cnmv.es)

13 Jul 2026

The CNMV begins the consultation to simplify the regulations for fund managers and investment services companies

National Regulation

The National Securities Market Commission (CNMV) starts this Monday the public hearing process for a draft circular that modifies four other circulars to simplify certain aspects related to:Obligation...

Privacy

We use cookies to improve your browsing experience, personalise content and analyse our traffic. Some cookies are necessary for the site to work and cannot be disabled. By accepting, you agree to our cookie policy. You can change your preferences at any time.

Cookie settings

Select the cookie categories you want to allow. See our Cookie Policy to find out more.

Necessary

These cookies are essential for the basic functioning of the website and cannot be disabled. They include security and basic accessibility features.

Analytics

They help us understand how users interact with our site, which content is most popular and how we can improve the browsing experience.

Marketing

They allow us to learn your preferences in order to show you relevant personalised content and advertising, and to measure the effectiveness of our campaigns.