BBVA-Sabadell merger plans aided by ECB's policy of creating European champions
Briefly

We do not comment on individual operations, but we do have a clear vision about consolidation, official ECB sources said, alluding to earlier statements by the regulator about the importance of promoting the size of lenders in order to gain scale.
In the first exchanges with the supervisors there was no obstacle from their point of view; they even have a favorable opinion about consolidation, he said on Thursday.
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