Categories: Business

Competition warns of risks for individuals and SMEs due to BBVA’s takeover of Sabadell

The CNMC will make public the purchasing entity’s commitments if the operation is successful and doubts that they will be effective in addressing the “identified issues.”

The Basque bank claims that the proposed measures are superior to those of other processes that have occurred in the financial sector.

Kani Fernandez, President of CNMC Jaime Garcia


11/20/2024

Updated at 7:56 p.m.

BBVA’s takeover bid for Banco Sabadell raises serious doubts National Commission for Markets and Competition (CNMC). Institution managed Kani Fernandez released a brief note outlining the reasons why…




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