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The European Commission officially challenged the Spanish government on Thursday over its attempts to hinder Spanish bank ...
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GlobalData on MSNEuropean Commission challenges Spain’s BBVA-Sabadell merger blockAccording 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 freedoms of establishment and capital movements.
Warning comes as European Commission pushes for more bank mergers to boost European financial sector’s fire power.
Spain's Santander on Tuesday said it had reached an agreement to acquire smaller rival Sabadell's British unit TSB for ...
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.
Announced M&A in EMEA rose 16% in the six months to June but FIG dealmaking surged 48% to $85bn. That made it the busiest ...
MADRID (Reuters) -Spanish bank Sabadell has decided to sell its British unit TSB to Santander for 2.65 billion pounds ($3.64 ...
To persuade Sabadell investors, BBVA would need to promise them the same cash payout that the TSB sale now does. That would likely mean lower rewards for BBVA investors, assuming it also would ...
Banco de Sabadell this week took a distinctly investor-friendly line in handling a €500m tier two bond issued 10 years ago, ...
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 ...
The Commission argues that Madrid's move undermines EU financial regulation and legal certainty for cross-border banking deals ...
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