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

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

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

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 ...

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

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 ...

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 ...

Bank mergers are likely in Spain and other European countries due to the international financial crisis, Spanish Prime Minister Jose Luis Rodriguez Zapatero said on Wednesday.