ECB contacted Spanish banks after the Catalan referendum vote

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

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