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

The European Commission officially challenged the Spanish government on Thursday over its attempts to hinder Spanish bank ...

The EU said Spanish laws granting the power to intervene in banking deals undermined the ECB and restricted the bloc’s ...

European Union watchdogs have fired off a legal warning to the Spanish government for hindering BBVA SA’s €13 billion ($15.1 ...

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 ...

The Spanish government said it would approve BBVA’s hostile takeover of Banco de Sabadell on condition that the banks temporarily be managed independently and kept legally separate.

Spain's BBVA said on Monday it would move ahead with its hostile takeover bid for Sabadell despite the government effectively blocking it from fully merging with its smaller rival for at least ...

Spain's BBVA has said it would move ahead with its hostile takeover bid for Sabadell despite the government effectively blocking it from fully merging with its smaller rival for at least three years.

Find insight on American Express, Charles Schwab and more in the latest Market Talks covering Financial Services.

BBVA SA decided to keep its takeover offer for Banco Sabadell SA alive even though the Spanish government’s decision to ban a merger for several years has cast doubt over how it will pan out.

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