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

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

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

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

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

Beijing has strongly condemned an EU decision to sanction two Chinese banks, calling on Brussels to “immediately cease its wrong practice” while pledging a response aimed at defending the interests of ...

Investing.com -- 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 ...

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.