Like any takeover bid, and in this case even more so as it is a deeply regulated sector, the proposed purchase of Banco Sabadell by BBVA is subject to numerous procedures and legal obstacles before reaching a successful conclusion. And hostilities between law firms have already begun. The first shot came, in this case, from […]
Tag: markets
Digital euro, electronic yuan, virtual rupees: what state is it in and what is the new central bank money like? | Financial markets
The emergence of the global cryptocurrency that Meta wanted to launch, first called Libra and then Diem, was never consummated in the time and manner that Zuckerberg's company intended due to pressure from the authorities. However, as part of his legacy, he awakened curiosity in central banks about a digital version of the money that […]
BBVA-Sabadell: keys and unknowns of a merger that may (or may not) come to fruition | Financial markets
The second attempted merger between BBVA and Banco Sabadell is underway. The bank chaired by Carlos Torres has launched the proposal that, if materialized, could give rise to the third largest European bank by capitalization, with more than one trillion euros in assets. Here are some keys to the possible operation that would leave an […]