"We had to make sacrifices in terms of pricing and take some big losses, " Sabadell Chief Executive Jaume Guardiola said at a news conference last month.
On Friday, Oliver Wyman completed the more granular audit, which only seven institutions passed ( Banco Santander, BBVA, Caixabank, Unicaja Ceiss, Bankinter, Kutxabank, and Sabadell).