Net profits for five biggest Spanish banks in 2010 fall sharply. - In Spain, the sluggishness of the economic recovery compacted with the sovereign debt and property crises have had an impact on the annual results obtained by the Spanish financial sector. The five biggest Spanish banks: Santander, BBVA, Banco Popular, Caja Madrid and La Caixa all registered a net cumulated fall of 5%, to €15 billion. Banco Popular and La Caixa were particularly affected and saw their profits plunge by 23%...