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BBVA aims for higher profits and capital distribution over the next four years based on underlying loan growth in its main ...
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GlobalData on MSNEuropean Commission challenges Spain’s BBVA-Sabadell merger blockAccording to the EC, Spain's actions contravene European Union rules, potentially impacting the region's banking ...
The European Commission has sent Spain a legal warning over its move to block a banking merger between BBVA and Banco ...
The EU said Spanish laws granting the power to intervene in banking deals undermined the ECB and restricted the bloc’s freedoms of establishment and capital movements.
Ruling prevents an immediate merging of the banks even if Spain’s bigger lender succeeds in its €13bn hostile bid ...
The European Commission officially challenged the Spanish government on Thursday over its attempts to hinder Spanish bank BBVA's hostile bid for smaller rival Sabadell .
Investing.com -- The European Union has initiated legal proceedings against Spain over its intervention in banking mergers, specifically targeting the government’s decision to block the merger between ...
Sabadell last week set out its own business plan to 2027 in a bid to reinforce its standalone prospects as it seeks to refocus operations in Spain, following the agreed sale of its British unit TSB to ...
Banco Sabadell SA’s chief executive officer said an acquisition offer by BBVA SA remains too low, leaving little prospect for plans to create a Spanish banking powerhouse.
Warning comes as European Commission pushes for more bank mergers to boost European financial sector’s fire power.
The Commission argues that Madrid's move undermines EU financial regulation and legal certainty for cross-border banking deals ...
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