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BBVA aims for higher profits and capital distribution over the next four years based on underlying loan growth in its main ...
The European Commission has sent Spain a legal warning over its move to block a banking merger between BBVA and Banco Sabadell, a deal that would create one of the region’s largest lenders.
The EU said Spanish laws granting the power to intervene in banking deals undermined the ECB and restricted the bloc’s freedoms of establishment and capital movements.
According to the EC, Spain's actions contravene European Union rules, potentially impacting the region's banking consolidation efforts.
The European Union began proceedings against Spain over its intervention in banking mergers after the government blocked the legal combination of BBVA and Sabadell for at least three years. The ...
The European Commission (EC) has taken legal steps against Spain, challenging its decision to block the BBVA and Banco Sabadell merger.
Ruling prevents an immediate merging of the banks even if Spain’s bigger lender succeeds in its €13bn hostile bid ...
The European Commission officially challenged the Spanish government on Thursday over its attempts to hinder Spanish bank BBVA's hostile bid for smaller 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 ...
MADRID (Reuters) -The European Commission officially challenged the Spanish government on Thursday over its attempts to hinder Spanish bank BBVA's hostile bid for smaller rival Sabadell. A letter of ...
The Commission argues that Madrid's move undermines EU financial regulation and legal certainty for cross-border banking deals ...
BRUSSELS — The European Commission has issued a legal warning to Spain saying it violated European Union banking and single market rules by intervening in banking giant BBVA’s hostile takeover of ...
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