News

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 ...
According to the EC, Spain's actions contravene European Union rules, potentially impacting the region's banking ...
Ruling prevents an immediate merging of the banks even if Spain’s bigger lender succeeds in its €13bn hostile bid ...
BBVA, Spain's second-largest bank, and smaller rival Banco Sabadell have walked away from a planned merger after a price disagreement. The two lenders had confirmed a tie-up less than two weeks ago.
The board of Spain's Banco Sabadell on Monday rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, Sabadell said in a statement to the Spanish ...
BBVA and Sabadell declined to comment. The two banks had on Nov. 16 announced merger talks aimed at creating Spain's second-biggest domestic bank with almost 600 billion euros in assets.
MADRID, Nov 18 (Reuters) - BBVA BBVA.MC CEO Onur Genc said on Wednesday that merger negotiations with smaller rival Sabadell SABE.MC were still at a starting point and the Spanish bank would have ...
BBVA said on Tuesday it had approached Sabadell about a possible merger, a deal which would create a Spanish bank with assets of nearly 1 trillion euros ($1.07 trillion) and a market value close ...
Banco Bilbao Vizcaya Argentaria is pursuing merger talks with smaller peer Banco de Sabadell SAB -1.13%, seeking another shot at a tie-up that could make it Spain’s largest bank after a previous ...
MADRID (Reuters) -Sabadell's board rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, the Spanish lender said on Monday. The country's fourth ...
The board of Spain's Banco Sabadell on Monday rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, Sabadell said in a statement to the Spanish stock ...