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Spanish lender BBVA's bid for Sabadell has sparked interest in consolidating the euro zone's banking sector. The Spanish government may impose additional conditions on the bid. Meanwhile, a Spanish judge proposes sending BBVA to trial in an alleged spying case.
⚠️ HEAD OF SPAIN'S STOCK MARKET SUPERVISOR SAYS IT IS OBVIOUS THERE COULD BE A REPUTATIONAL DAMAGE FOR BBVA FROM ALLEGED SPYING CASE BUT THE SCOPE IS NOT CLEAR
⚠️ HEAD OF SPAIN'S STOCK MARKET SUPERVISOR SAYS BBVA HAS TO INCLUDE RISKS POTENTIALLY ARISING FROM ALLEGED SPYING CASE IN ANY OF DOCUMENTS SUBMITTED TO CNMV
⚠️ HEAD OF SPAIN'S STOCK MARKET SUPERVISOR SAYS IT IS DIFFICULT TO ESTIMATE IMPACT OF POTENTIAL FINES OR REPUTATIONAL DAMAGE ON BBVA FROM ALLEGED SPYING CASE