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

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

The General Services Administration, which houses Gruenbaum’s FAS, claims its procurement review has resulted in more than $52bn in savings. That accounts for over a quarter of the savings Doge claims ...

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

The European Commission has sent Spain a legal warning over its move to block a banking merger between BBVA and Banco ...

The Commission argues that Madrid's move undermines EU financial regulation and legal certainty for cross-border banking deals ...

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

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 BBVA (BME:BBVA) ...

A tie-up between CaixaBank, the largest bank in the domestic market, and Bankia, Spain’s biggest mortgage lender, could herald other moves toward consolidation in the financial sector ...

Spain's leftist government on Tuesday postponed any merger between banking giant BBVA and rival Sabadell for three years, complicating a hostile takeover bid that could create a new sector colossus.