Ruling prevents an immediate merging of the banks even if Spain’s bigger lender succeeds in its €13bn hostile bid ...

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

BBVA and smaller rival Sabadell said they are in talks to create Spain's second-biggest domestic lender by assets, the latest move in the accelerating consolidation of the Spanish banking sector.

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

The European Union began proceedings against Spain over its intervention in banking mergers after the government blocked the legal combination of BBVA and Sabadell for at least three years.

Spanish lenders BBVA and Banco Sabadell have called off merger talks after failing to agree financial terms, prompting Sabadell to consider options for its British unit TSB.

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 BBVA (BME:BBVA) ...

Spain's BBVA expects the acceptance period for its takeover bid for smaller rival Sabadell to start in early September, ...

Hit on the government’s argument line to make obstacles to the merger of the BBVA and Banco Sabadell. The European Commission ...

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

BBVA's acquisition of Sabadell faces a significant delay, as the Spanish government has mandated atleast three-year wait period before the two entities can integrate their operations. This ...

BBVA and Sabadell, the Spanish banks, have given up merger talks they had confirmed less than two weeks ago because of disagreements over the pricing of the deal. Sabadell said in a statement to ...