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European banks are facing intensified competition as a second Trump presidency signals potential financial deregulation in the U.S. While U.S. banks have thrived, European lenders struggle with low profitability and strict regulations. The anticipated easing of U.S. banking rules could further widen the earnings gap, prompting European banks to lobby for regulatory relief.
BBVA's bid to acquire Banco Sabadell is set to face an extended review by Spain's competition watchdog, which is expected to announce a transition to a more detailed Phase 2 assessment. This decision will prolong the current takeover battle by several months, as the board leans away from a quick approval or rejection.
BBVA SA and Banco Sabadell SA are in disagreement over the potential impact of BBVA's proposed takeover of Sabadell on banking services in Spain. As the country's competition authority prepares to make a decision, BBVA's CFO, Maria Luisa Gomez-Bravo, expressed confidence that the deal will proceed without requiring "structural remedies."
UBS aims to become the leading European investment bank while expanding its market share in the USA, where M&A activity is robust. Despite facing challenges from dominant US banks and ongoing integration work with Credit Suisse, UBS is positioned for growth, having acquired top M&A advisors and showing potential for upward movement in league tables. The M&A advisory business is expected to gain momentum, with optimism surrounding upcoming large transactions.
Bbva 2002 FI
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
european banks face challenges as us deregulation under trump looms
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12:25 09.11.2024
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09:00 11.10.2024
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