BBVA : Sale of activities only just announced and Sabadell already in its sights!
>A BBVA-Sabadell combination: it makes sense… - BBVA confirmed that it is in talks with Sabadell on a potential tie-up, the two banks having initiated a reciprocal due diligence process with the hiring of outside advisors: no final decision has been taken at this stage.For a while now, the press, against the backdrop of a resumption of banking sector consolidation in Spain following the CABK-BKIA deal, has reported on ‘exploratory’ discussions conducted by Sabade...Banco Bilbao Vizcaya Argentaria is an international financial group, engaged primarily on providing banking services and consumer finance to private individuals and businesses in Spain and Portugal; providing real estate activity in Spain; providing services to international companies and investment banking, capital markets and treasury management services to clients; and providing the banking, insurance and pension businesses in Mexico and the U.S., as well as in South America.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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