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Banco Bilbao Vizcaya Argentaria

  • BBVA approaches TSB owner over £60bn Spanish bank merger

    Banking

    Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest bank in Spain, has approached smaller domestic rival Banco Sabadell over a merger that could create a group worth roughly €70bn (£60bn).

    TSB's owners are mulling a sale.

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