Sabadell’s CEO criticizes BBVA’s aggressive takeover attempt as the board calls for a dismissal.
Sabadell CEO Critiques BBVA’s Acquisition Efforts The CEO of Sabadell, a prominent Spanish bank, has expressed strong disapproval of BBVA’s aggressive buyback attempts. He described the current bid as “totally derailed,” emphasizing the overwhelming risk that it poses. BBVA, which is the second-largest bank in Spain, has been trying for 16 months to acquire smaller […]