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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 ...
Spain's BBVA said on Monday it would move ahead with its hostile takeover bid for Sabadell despite the government effectively blocking it from fully merging with its smaller rival for at least three ...
The EU said Spanish laws granting the power to intervene in banking deals undermined the ECB and restricted the bloc’s ...
The Spanish government said it would approve BBVA’s hostile takeover of Banco de Sabadell on condition that the banks temporarily be managed independently and kept legally separate.
Europe’s banking sector has experienced a flurry of attempted M&A activity over the past year. However, deals including BBVA’s offer for domestic rival Sabadell, UniCredit’s bid for BPM and its ...
Spain's Santander on Tuesday said it had reached an agreement to acquire smaller rival Sabadell's British unit TSB for ...
Santander has sparked fury after announcing it would start charging for business accounts it said would be "free for ever".
The EU on Thursday warned Spain it might be in breach of the bloc's rules after the government set conditions on a merger between banking giant BBVA and rival Sabadell.
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 ...
Warning comes as European Commission pushes for more bank mergers to boost European financial sector’s fire power.
Banco de Sabadell this week took a distinctly investor-friendly line in handling a €500m tier two bond issued 10 years ago, ...
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