ECB Said Open to BBVA-Sabadell Deal, Easing Potential Path bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Sabadell's board rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, the Spanish lender said on Monday.
Spain s BBVA will
set up a new global finance unit focused on clean technologies
and innovation as part of its plans to expand into sustainable
business, the lender s Chairman Carlos Torres said on.
Spain s BBVA
expects its 2022 dividend to significantly top the 0.31 euros
dividend per share paid out in 2021, Chairman Carlos Torres said
in a post on the Spanish bank s website on Monday. . | January 16, 2023
Spain’s Economy Minister Nadia Calvino praised on Monday the European Central Bank’s recent actions to combat rising government debt yields and said they were positive steps to avoid fragmentation risks in the euro zone. In an emergency meeting last week, the ECB decided to direct bond reinvestment to help nations on the bloc’s southern rim, .