Spanish lender BBVA's bid for Sabadell has sparked interest in consolidating the euro zone's banking sector. The Spanish government may impose additional conditions on the bid. Meanwhile, a Spanish judge proposes sending BBVA to trial in an alleged spying case.
⚠️ HEAD OF SPAIN'S STOCK MARKET SUPERVISOR SAYS IT IS OBVIOUS THERE COULD BE A REPUTATIONAL DAMAGE FOR BBVA FROM ALLEGED SPYING CASE BUT THE SCOPE IS NOT CLEAR
⚠️ HEAD OF SPAIN'S STOCK MARKET SUPERVISOR SAYS BBVA HAS TO INCLUDE RISKS POTENTIALLY ARISING FROM ALLEGED SPYING CASE IN ANY OF DOCUMENTS SUBMITTED TO CNMV
⚠️ HEAD OF SPAIN'S STOCK MARKET SUPERVISOR SAYS IT IS DIFFICULT TO ESTIMATE IMPACT OF POTENTIAL FINES OR REPUTATIONAL DAMAGE ON BBVA FROM ALLEGED SPYING CASE
Spanish court wants BBVA and former chairman to face trial in spying case https://t.co/5uOjvCu0zU https://t.co/uhIxtcYeJl
BBVA should stand trial as part of a criminal inquiry over allegations of corporate spying, a Spanish judge says https://t.co/qJmfBeH5I3
⚠️ SPANISH JUDGE PROPOSES TO SEND BBVA TO TRIAL IN ALLEGED SPYING CASE, EL PAIS SAYS
News from #Spain 🇪🇸: The EIB Group invests €377 million in the BBVA Consumer 2024-1 #securitisation fund. The investment will unlock €800 million for the energy transition and the competitiveness of Spanish SMEs and mid-caps. More details 🔗 https://t.co/Hpf6FvYtBo https://t.co/ooQ3FThPjC
Spanish government could set more conditions in review of BBVA bid for Sabadell https://t.co/dCky6pKwcr https://t.co/9QQyRRAuqd
⚠️ HEAD OF SPAIN'S COMPETITION WATCHDOG SAYS SPANISH GOVERNMENT COULD SET ADDITIONAL CONDITIONS AT A LATER STAGE OF THE REVIEW OF BBVA´S BID FOR SABADELL
🔵 THE EURO ZONE'S FRAGMENTED BANKING INDUSTRY Supporters for more consolidation in the euro zone's banking sector have been watching Spanish lender BBVA's hostile bid for Sabadell, alongside comments from some supervisors and lawmakers supporting the idea of more tie-ups.… https://t.co/ND73S1xHnV