07:29 AM EDT, 05/12/2025 (MT Newswires) -- The Spanish government would back a deal between Sabadell and another Spanish rival as a way to counter the unsolicited bid from Banco Bilbao Vizcaya Argentaria ( BBVA ) , Bloomberg reported Monday, citing people familiar with the matter.

BBVA did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)