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

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

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

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.

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 ...

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

Spain's BBVA will not be allowed to integrate its operations with Sabadell for at least three years as one of the conditions imposed by the Spanish government on its hostile bid for its smaller ...

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

BBVA SA decided to keep its takeover offer for Banco Sabadell SA alive even though the Spanish government’s decision to ban a merger for several years has cast doubt over how it will pan out.

BBVA's acquisition of Sabadell faces a significant delay, as the Spanish government has mandated atleast three-year wait period before the two entities can integrate their operations.

Europe’s banking sector has experienced a flurry of attempted M&A activity over the past year. However, deals including BBVA’s offer for domestic rival Sabadell, UniCredit’s bid for BPM and its ...

BBVA and Sabadell had already negotiated a merger in 2020 to create the largest Spanish bank capable of competing with Banco Santander SA, with a market valuation exceeding 70 billion euros, but they ...