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Competition - Page 7

Spain violated EU rules by meddling in banking merger, says Brussels

BRUSSELS — The European Commission has issued a legal warning to Spain saying it violated European Union banking and single market rules by intervening in banking giant BBVA’s hostile takeover of local

Is €1.2T enough to save Europe?

BRUSSELS — Mario Draghi, Italy’s former prime minister, was enjoying his retirement when the phone rang. It was September 2023, and Ursula von der Leyen’s office wanted to know if he might

Two visions of European finance clash at elite Italian banking gathering

MILAN — On a Friday morning under the boiling Lombard sun, the old men of Italian banking descended on the country’s financial capital to bask in their industry’s astonishing recent run of

Von der Leyen sets stage for contentious China summit

European Commission President Ursula von der Leyen took aim on Tuesday at China’s industrial overproduction, export restrictions and its support for Russia’s war against Ukraine. In a statement to the European Parliament
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