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The EU said Spanish laws granting the power to intervene in banking deals undermined the ECB and restricted the bloc’s ...
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Retail Banker International on MSNEuropean Commission challenges Spain’s BBVA-Sabadell merger block
According to the EC, Spain's actions contravene European Union rules, potentially impacting the region's banking consolidation efforts.
The European Commission officially challenged the Spanish government on Thursday over its attempts to hinder Spanish bank ...
Brussels there is Spain for the rules that allowed the Government to hinder the BBVA-Sabadell fusion
Hit on the government’s argument line to make obstacles to the merger of the BBVA and Banco Sabadell. The European Commission ...
Spain Blocks Legal Merger of BBVA and Sabadell for Up to Five Years. After first three years Spanish cabinet will assess whether to hold the merger for another two. By . Elena Vardon.
BBVA SA said the Spanish government’s intervention in its proposed takeover of Banco Sabadell SA will delay but not reduce the deal’s overall cost savings, underlining its determination to ...
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 ...
Spain’s decision to delay a potential merger of BBVA SA with Banco Sabadell SA is leaving analysts divided over whether the proposed deal will still go ahead.
On Tuesday, Spain's largest lender said it agreed to buy British high street lender TSB for £2.65 billion ($3.6 billion) from Catalonia's Sabadell in an all-cash deal subject to approval. The ...
The Spanish lender is about to become the third-largest bank in the UK by share of personal current accounts, after the deal is closed.
Cristina de Parias, head of BBVA Spain, says that these acquisitions have helped to lift the bank’s market share from 10% in 2010 to 14.3% today, only 1.5% of which has been through organic growth.
Spain Blocks Full BBVA-Sabadell Merger for Up to Five Years Provided by Dow Jones Jun 24, 2025, 12:41:00 PM. By Elena Vardon . The Spanish government said it would approve Banco Bilbao Vizcaya ...
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