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 ...

Hit on the government’s argument line to make obstacles to the merger of the BBVA and Banco Sabadell. The European Commission ...

The EU on Thursday warned Spain it might be in breach of the bloc's rules after the government set conditions on a merger between banking giant BBVA and 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 ...

The Commission argues that Madrid's move undermines EU financial regulation and legal certainty for cross-border banking deals ...

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 ...

The Spanish multinational financial company Banco Bilbao Vizcaya Argentaria SA (BBVA SA) has upheld the takeover offer of Banco Sabadell SA despite the decision of the Spanish government to suspend ...

Investing.com -- Spain’s government has approved BBVA’s €14 billion ($16.23 billion) hostile takeover bid for Sabadell, but with a set of conditions aimed at preserving operational independence and ...