Juan Esquer gives his opinion on the collapse of the Spanish equity and debt markets

Experts believe the ECB to be the key factor that will give us some time if we want to avoid a bailout.

Juan Esquer, partner at GBS Finance, believes the market is now at attractive levels to invest and is expecting some kind of moderation regarding the high yields demanded of Spanish government bonds in this complicated scenario. “We are missing unity in communications and actions, as well as some kind of concerted action”, he assures, adding that the euro needs to devalue so as to allow Europe to help solve its problems through higher exports.

OFFICIAL STATEMENT – IDENTITY THEFT ALERT

Madrid, October 22, 2025

Capital Markets AV SA, a regulated entity and part of the GBS Finance Group, hereby informs that we have detected an attempt at identity theft through the unauthorized use of our name and the creation of a fraudulent website falsely claiming to represent our firm.

We would like to state that no security breach has occurred in our systems or official communications. This fraudulent attempt was carried out by third parties unrelated to our organization, with the aim of misleading potential investors or clients.

In response to this situation, we have taken the following actions:

  • Filed a formal complaint with the National Securities Market Commission (CNMV) and the competent authorities.
  • Activated our internal reputation protection protocols and initiated cooperation with specialized cybersecurity organizations.

We strongly recommend that all our clients, partners, and the general public:

  • Always verify that communications originate from our official channels.
  • Do not provide personal information or make payments if there is any doubt regarding the legitimacy of the contact.
  • Report any suspicious activity to the following email address: gbs@gbsfinance.com

 

All official information regarding our activities is available exclusively through our corporate channels. We appreciate your cooperation and reaffirm our commitment to transparency, security, and the protection of our clients.

Capital Markets AV SA
GBS Finance