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

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

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.

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 ...

Banco Sabadell SA’s chief executive officer said an acquisition offer by BBVA SA remains too low, leaving little prospect for plans to create a Spanish banking powerhouse.

Under Spanish law, the government cannot stop BBVA from buying Sabadell's shares, but it has the final word at a later stage on whether a merger goes ahead. BBVA decided to proceed with its bid ...

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

The Commission argues that Madrid's move undermines EU financial regulation and legal certainty for cross-border banking deals ...