DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Carlos Torres Vila - 3
Top related locs:
Spanish Spain Madrid Banc Barcelona
Top related orgs:
BBVA - 3 Banco - 2 Sabadell - 1 Hostile - 1 UBI Banca - 1 Spain's - 1 Santander - 1 Banco Sabadell SA - 1

Search resuls for: "Carlos Torres Vila"


5 mentions found


☆ Spain's BBVA announces $13 billion hostile takeover bid for Sabadell
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: +1 min
The headquarters of the Spanish bank BBVA are seen in Madrid, Spain. Spanish bank BBVA on Thursday presented a 12.23 billion euro ($13.11 billion) takeover bid for rival Sabadell directly to shareholders, even though Sabadell's board this week already rejected the proposal on the same terms. BBVA's decision follows Sabadell's board on Monday saying the unsolicited bid significantly undervalued the bank's potential and growth prospects. BBVA, Spain's second-biggest bank by market value after Santander, offered an exchange ratio of 1 newly issued BBVA share for every 4.83 Sabadell shares, a premium of 30% over April 29 closing prices. Spanish banks have been looking for ways to increase revenue as a boost from high interest rates begins to fade.
Persons: Carlos Torres Vila Organizations: BBVA, Sabadell, Banco, Hostile, UBI Banca, Spain's, Santander Locations: Spanish, Madrid, Spain
☆ A rare hostile takeover bid in Europe's banking sector has shocked markets
  + stars: | 2024-05-09 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com   time to read: +1 min
A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the situation as "very strange." The move comes shortly after a separate 12 billion euro ($12.87 billion) takeover offer from BBVA to Sabadell's board was rejected earlier in the week. BBVA said its takeover offer has the same financial terms as the merger offered to Sabadell's board. Shares of BBVA fell 6% at around midday London time on Thursday, while Sabadell's stock price rose more than 3%.
Persons: Carlos Torres Vila Organizations: Banco Sabadell SA, BBVA, Banco Sabadell, Banco Locations: Banc, Barcelona, Spain, Spanish
☆ BBVA chair: Will have rate decreases toward the end of the year
  + stars: | 2024-01-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBBVA chair: Will have rate decreases toward the end of the yearBBVA Chair Carlos Torres Vila says rate cuts in the second half of the year will hit growth in net interest income.
Persons: Carlos Torres Vila Organizations: BBVA
☆ BBVA's chair discusses the company's record profits
  + stars: | 2023-02-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBBVA's chair discusses the company's record profitsCarlos Torres Vila, chair of BBVA, discusses its record profits and says he expects lower growth than 2022 "but still growth."
☆ Execs at Davos are more optimistic than they would have been a month ago, says BBVA chair
  + stars: | 2023-01-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExecs at Davos are more optimistic than they would have been a month ago, says BBVA chairChairman of Spanish bank BBVA, Carlos Torres Vila, says the normalization of the interest rate environment in 2023 will support European banks. He also discussed how recent data was fueling optimism and an increase in non-performing loans was not materializing.
0 next >>
Total: 5