The European Commission has sent Spain a legal warning over its move to block a banking merger between BBVA and Banco ...

Ruling prevents an immediate merging of the banks even if Spain’s bigger lender succeeds in its €13bn hostile bid ...

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 ...

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

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

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.

Spain's Banco Sabadell on Friday said it had called off merger talks with its bigger rival BBVA after failing to agree on the terms of a potential share exchange ratio.

BBVA said on Tuesday it had approached Sabadell about a possible merger, ... Spain's BBVA takes aim again at $10 bln Sabadell. By Jesús Aguado. April 30, 2024 5:04 PM UTC Updated April 30, 2024 ...

MADRID, Nov 26 (Reuters) - Merger talks between Spanish lenders BBVA BBVA.MC and Banco Sabadell SABE.MC have stalled and could potentially fall apart over disagreements on the price BBVA could pay ...

(Sharecast News) - Spain's second-largest lender BBVA has expressed its renewed interest in a takeover of its smaller rival Banco Sabadell. BBVA said it had told Sabadell's board of its interest ...

Banco Bilbao Vizcaya Argentaria is pursuing merger talks with smaller peer Banco de Sabadell, seeking another shot at a tie-up that could make it Spain’s largest bank after a previous attempt ...