Showing 13 to 24 of 28 results
BBVA's Sabadell Bid Uncertain After Government Imposes Strict Conditions
BBVA is considering withdrawing its takeover bid for Sabadell after the Spanish government imposed conditions to maintain Sabadell's independence for at least three years, impacting projected synergies of €850 million. The decision hinges on support from major investors.
BBVA's Sabadell Bid Uncertain After Government Imposes Strict Conditions
BBVA is considering withdrawing its takeover bid for Sabadell after the Spanish government imposed conditions to maintain Sabadell's independence for at least three years, impacting projected synergies of €850 million. The decision hinges on support from major investors.
Progress
48% Bias Score
Sabadell CEO casts doubt on BBVA takeover bid
Banco Sabadell's CEO cast doubt on BBVA's takeover bid following a government condition, citing a reduced probability of success due to a revised synergy calculation and undervaluation of Sabadell's stock. A decision on the sale of the British subsidiary TSB is expected before July 24th.
Sabadell CEO casts doubt on BBVA takeover bid
Banco Sabadell's CEO cast doubt on BBVA's takeover bid following a government condition, citing a reduced probability of success due to a revised synergy calculation and undervaluation of Sabadell's stock. A decision on the sale of the British subsidiary TSB is expected before July 24th.
Progress
60% Bias Score
Evo Banco Integrates into Bankinter, Expanding Services for Customers
Evo Banco will fully integrate with Bankinter on July 1st, 2024, ceasing independent operations; customers will transition to Bankinter's broader range of services, including higher-yield accounts and access to physical branches, while maintaining existing contract terms until maturity.
Evo Banco Integrates into Bankinter, Expanding Services for Customers
Evo Banco will fully integrate with Bankinter on July 1st, 2024, ceasing independent operations; customers will transition to Bankinter's broader range of services, including higher-yield accounts and access to physical branches, while maintaining existing contract terms until maturity.
Progress
44% Bias Score
BBVA Defends Sabadell Merger Conditions Ahead of Government Decision
BBVA maintains that the CNMC's approved conditions for its takeover of Banco Sabadell already address public interest concerns, affecting approximately 2 million SMEs; the Spanish government has until mid-July to decide.
BBVA Defends Sabadell Merger Conditions Ahead of Government Decision
BBVA maintains that the CNMC's approved conditions for its takeover of Banco Sabadell already address public interest concerns, affecting approximately 2 million SMEs; the Spanish government has until mid-July to decide.
Progress
44% Bias Score
EU challenges Spain over BBVA-Sabadell merger intervention
The European Commission reprimanded Spain for potentially hindering BBVA's takeover bid of Banco Sabadell, citing concerns about alignment with EU competition rules; Spain argues its actions are justified under national and EU law in the interest of general welfare.
EU challenges Spain over BBVA-Sabadell merger intervention
The European Commission reprimanded Spain for potentially hindering BBVA's takeover bid of Banco Sabadell, citing concerns about alignment with EU competition rules; Spain argues its actions are justified under national and EU law in the interest of general welfare.
Progress
48% Bias Score
BBVA's Sabadell Takeover Faces Delays Amid Regulatory Scrutiny
BBVA's planned takeover of Banco Sabadell faces regulatory delays, pushing the projected completion date to June 2025 at the earliest. BBVA's president, Carlos Torres, emphasizes shareholder autonomy in the decision, while the deal promises increased credit availability and tax revenue for Spain but...
BBVA's Sabadell Takeover Faces Delays Amid Regulatory Scrutiny
BBVA's planned takeover of Banco Sabadell faces regulatory delays, pushing the projected completion date to June 2025 at the earliest. BBVA's president, Carlos Torres, emphasizes shareholder autonomy in the decision, while the deal promises increased credit availability and tax revenue for Spain but...
Progress
48% Bias Score
Spanish Government Conditions Jeopardize BBVA's Banco Sabadell Takeover
BBVA's planned takeover of Banco Sabadell faces significant hurdles after the Spanish government imposed conditions limiting cost-cutting and integration for three years, potentially reducing projected synergies from 850 million euros to 330-450 million euros and slashing the profitability from 20% ...
Spanish Government Conditions Jeopardize BBVA's Banco Sabadell Takeover
BBVA's planned takeover of Banco Sabadell faces significant hurdles after the Spanish government imposed conditions limiting cost-cutting and integration for three years, potentially reducing projected synergies from 850 million euros to 330-450 million euros and slashing the profitability from 20% ...
Progress
40% Bias Score
Spain Tightens Conditions on BBVA's Sabadell Takeover
The Spanish government imposed stricter conditions on BBVA's takeover bid of Sabadell, requiring its legal separation for at least three years, prohibiting job cuts and office closures, to protect employment and regional economies, potentially reducing the bid's profitability.
Spain Tightens Conditions on BBVA's Sabadell Takeover
The Spanish government imposed stricter conditions on BBVA's takeover bid of Sabadell, requiring its legal separation for at least three years, prohibiting job cuts and office closures, to protect employment and regional economies, potentially reducing the bid's profitability.
Progress
40% Bias Score
CNMC Approves BBVA-Sabadell Merger with Conditions, Rejecting Sabadell's Irreplaceability Claim
The CNMC approved BBVA's acquisition of Banco Sabadell with conditions, rejecting Sabadell's claim of irreplaceability in SME lending due to its declining market share and the growth of smaller competitors, while also noting concerns about potential cost synergies.
CNMC Approves BBVA-Sabadell Merger with Conditions, Rejecting Sabadell's Irreplaceability Claim
The CNMC approved BBVA's acquisition of Banco Sabadell with conditions, rejecting Sabadell's claim of irreplaceability in SME lending due to its declining market share and the growth of smaller competitors, while also noting concerns about potential cost synergies.
Progress
40% Bias Score
BBVA Awaits Spanish Government Decision on Sabadell Takeover
BBVA, having secured 27 regulatory approvals including from the CNMC and the European Central Bank, awaits the Spanish government's decision on its hostile takeover bid for Sabadell by June 27th, highlighting commitments made to address public interest concerns.
BBVA Awaits Spanish Government Decision on Sabadell Takeover
BBVA, having secured 27 regulatory approvals including from the CNMC and the European Central Bank, awaits the Spanish government's decision on its hostile takeover bid for Sabadell by June 27th, highlighting commitments made to address public interest concerns.
Progress
48% Bias Score
BBVA Open to Sabadell Acquisition, but Not Merger
The Spanish government's public consultation on the BBVA's takeover bid for Banco Sabadell creates uncertainty, with BBVA now considering acquiring Sabadell as a separate entity even if the government imposes conditions, while the deadline for the consultation is May 16th.
BBVA Open to Sabadell Acquisition, but Not Merger
The Spanish government's public consultation on the BBVA's takeover bid for Banco Sabadell creates uncertainty, with BBVA now considering acquiring Sabadell as a separate entity even if the government imposes conditions, while the deadline for the consultation is May 16th.
Progress
44% Bias Score
CaixaBank Restructures Board, Ending Bankia Era
CaixaBank is restructuring its board of directors, replacing at least five members, including the president, to conclude the Bankia era, aligning with ECB governance recommendations, and will be finalized at the February 20th board meeting.
CaixaBank Restructures Board, Ending Bankia Era
CaixaBank is restructuring its board of directors, replacing at least five members, including the president, to conclude the Bankia era, aligning with ECB governance recommendations, and will be finalized at the February 20th board meeting.
Progress
44% Bias Score
Showing 13 to 24 of 28 results