Carlos Torres, the president of BBVA, has emphasized the necessity for shareholders to have a decisive role in banking takeover bids in Europe. This statement comes as BBVA is engaged in a hostile takeover attempt of Banco Sabadell, with the Commission Nacional de los Mercados y la Competencia (CNMC) set to make a ruling on the matter. Torres has requested that the government respect the regulations surrounding the takeover, expressing concerns about the ongoing complexities posed by the government and the CNMV, which are complicating the process. Additionally, the business association Cepyme has urged the CNMC to allow business organizations to participate in the BBVA takeover bid discussions.