Spain’s Financial Regulator Launches Extensive Investigation into BBVA and Sabadell Merger Proposal

In a significant development for the Spanish banking sector, the Comisión Nacional del Mercado de Valores (CNMV), Spain’s financial regulatory body, has initiated a comprehensive investigation regarding Banco Bilbao Vizcaya Argentaria (BBVA)'s proposed acquisition of Banco Sabadell. This in-depth review comes amid growing concerns over the implications the merger might have on competition and consumer choice in the Spanish banking landscape.

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