In Full: BBVA's Torres on Sabadell Bid, Cost Synergies, Spain and Mexico Growth

BBVA Chairman Carlos Torres discusses the lender's hostile bid for Banco Sabadell, the potential for cost savings and the outlook for growth. The takeover offer "has always been extremely friendly" and a merger between the two banks remains "the base case," Torres said in an interview with Bloomberg's Kriti Gupta.
Sign up for the 5 Things to Start Your Day newsletter to get up to speed with the most important European business & markets news each morning. bloom.bg/4e0sUKA
--------
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv

Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloomberg-news

More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals

Watch more on TH-cam:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts

[@960john]

Bad acquisition. BBVA is overpaying (EU banks are likely at peak cycle and valuation) and Sabadell isn't such a good bank.

[@Steven-jx7ch]

Latin America, untapped potential, in the commodities are money world we are moving to, will do well, maybe tech helps with everybodies script!