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

BBVA aims for higher profits and capital distribution over the next four years based on underlying loan growth in its main ...

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 freedoms of establishment and capital movements.

According to the EC, Spain's actions contravene European Union rules, potentially impacting the region's banking ...

The Spanish bank outlined plans to deliver higher profits and step up shareholder returns in the coming years.

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

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 .

The new bid would be carried out under the same conditions as the merger proposal rejected by Sabadell’s board of directors — an exchange of one new BBVA share for every 4.83 Sabadell shares ...

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 ...

BBVA Seeks To Explore Possible Merger With Sabadell; Stock Down April 30, 2024 — 02:48 pm EDT Written by RTTNews.com for RTTNews -> ...

Now, BBVA said it would offer one newly issued share for every 4.83 Sabadell shares, an exchange ratio representing a 30% premium over the closing prices of BBVA and Sabadell on April 29.