Spanish judge orders BBVA to face trial in a criminal inquiry over corporate spying allegations. Bank of Spain officials state the difficulty in assessing potential fines and reputational damage on BBVA from the spying case, emphasizing the need for transparency in reporting risks.
Impact of alleged spying case on BBVA difficult to assess, Spanish regulator says https://t.co/ZTd80kL5Y9 https://t.co/JLejOtFokX
A spying case involving BBVA won’t prompt any action from its regulator until after a final ruling https://t.co/jSPvU22lmb
⚠️ ACTING BANK OF SPAIN GOVERNOR: SAYS BBVA ALLEGED SPYING CASE CANNOT BE TAKEN INTO ACCOUNT WHEN ANALYZING SABADELL BID UNTIL THERE IS A FINAL COURT SENTENCE ON THE MATTER
Impact of alleged spying case on Spain's BBVA difficult to assess, supervisor says https://t.co/KY7MiIUnUC https://t.co/RIw5FpVW4q
⚠️ 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
Bank of Spain Deputy Governor speaking Friday https://t.co/15KIz3L6Gs
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/TZUEORR94Q