The EU said Spanish laws granting the power to intervene in banking deals undermined the ECB and restricted the bloc’s ...

According to the EC, Spain's actions contravene European Union rules, potentially impacting the region's banking ...

Warning comes as European Commission pushes for more bank mergers to boost European financial sector’s fire power.

The Spanish government said it would approve BBVA’s hostile takeover of Banco de Sabadell on condition that the banks temporarily be managed independently and kept legally separate.

The European Commission officially challenged the Spanish government on Thursday over its attempts to hinder Spanish bank ...

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 ...

Spain's BBVA said on Monday it would move ahead with its hostile takeover bid for Sabadell despite the government effectively blocking it from fully merging with its smaller rival for at least three ...

BBVA said on Tuesday it had approached Sabadell about a possible merger, ... Spain's BBVA takes aim again at $10 bln Sabadell. By Jesús Aguado. April 30, 2024 5:04 PM UTC Updated April 30, 2024 ...

Now, BBVA said it would offer one newly issued share for every 4.83 Sabadell shares, an exchange ratio representing a 30% premium over the closing prices of BBVA and Sabadell on April 29.

Banco Bilbao Vizcaya Argentaria is pursuing merger talks with smaller peer Banco de Sabadell, seeking another shot at a tie-up that could make it Spain’s largest bank after a previous attempt ...

MADRID, Nov 26 (Reuters) - Merger talks between Spanish lenders BBVA BBVA.MC and Banco Sabadell SABE.MC have stalled and could potentially fall apart over disagreements on the price BBVA could pay ...

BBVA CEO Onur Genc said on Wednesday that merger negotiations with smaller rival Sabadell were still at a starting point and the Spanish bank would have to carefully analyze the potential deal ...