SpainBanking

BBVA CEO Predicts Sabadell Bid Will Reach Investors by Summer

1 month ago

The CEO of BBVA, a prominent Spanish banking institution, has announced expectations regarding the pending bid for Catalunya Banc from Banco Sabadell. The statement indicates that the proposal is likely to be presented to investors prior to the onset of July.

Zurich Insurance Boosts Investment in Sabadell Amid BBVA Acquisition Discussions

2 months ago

In a significant development within the European financial landscape, Zurich Insurance Group has announced its decision to expand its stake in Banco Sabadell. This strategic move comes in the context of ongoing negotiations involving Sabadell's potential acquisition by Banco Bilbao Vizcaya Argentaria (BBVA). As Switzerland's largest insurer, Zurich is strategically positioning itself to gain from the evolving dynamics within the banking sector.

Sabadell Boosts Dividend Commitment Amid BBVA Acquisition Tensions

3 months ago

Banco Sabadell has recently announced an increase in its dividend payout promise as a strategic maneuver to fend off a potential acquisition bid from its rival, BBVA (Banco Bilbao Vizcaya Argentaria). In the competitive landscape of Spain's banking sector, this move is expected to fortify Sabadell's position and appeal to shareholders amidst ongoing speculation regarding a possible takeover.

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

5 months ago

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.