In this article, we will look at the 15 biggest Latin American banks. If you wish to skip our detailed analysis, you can go directly to 5 Biggest Latin American Banks. Economic Overview of Latin America Latin America experienced sluggish growth in 2023, with increasing inflation, turbulence in the global economic climate, and constricted financial […]
Jeremy Hunt has urged the Bank of England not to cut interest rates too quickly after Governor Andrew Bailey opened the door to a steep fall in borrowing costs.
MADRID/LONDON (Reuters) -Sabadell CEO Cesar Gonzalez-Bueno was in London on Thursday meeting with analysts to champion his bank's success when news landed that rival BBVA was going hostile with its 12.23 billion-euro ($13.2 billion) takeover offer. The surprise move - the first hostile banking takeover bid in Spain since the 1980s - pits the same long-standing executives against each other who tried and failed to negotiate a deal between Spain's second- and fourth-largest banks in 2020. After making a new approach late last month, BBVA Chair Carlos Torres, who led the 2020 takeover attempt, gave his Sabadell counterpart, Josep Oliu, a clear message in a May 5 letter: there would be no improving its all-share offer.