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Published 15 days ago

Mazón and the CEV, concerned about the merger if BBVA and Sabadell merge

Summary by La Vanguardia
The president of the Government of Valencia, Carlos Mazón, and the president of the Valencian Business Confederation (CEV), Salvador Navarro, have expressed their “concern” about the possible merger between BBVA and Sabadell, since the new group would concentrate 60% of the banking market in the Valencian Community and the headquarters of the second entity would cease to be in Alicante if it prospered. This was stated before an event organized b…

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