This is how the merger between BBVA and Sabadell that Torres and Oliu promoted in the summer has been secretly negotiated

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• VÍCTOR MARTÍNEZ

  vmartinez_EM

Updated on Tuesday, 17 November 2020 - 08:44

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BBVA and Sabadell have been negotiating a possible merger of their businesses for several weeks to create another 'superbank' that is capable of dealing with the new

The boards of directors of both groups gave the green light at the beginning of the formal talks last October, although it was their presidents,

, who initiated the contacts to analyze the potential integration even before the summer, they explain to EL MUNDO financial sources

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