Скачать или смотреть BBVA-Sabadell: Anatomy of a Spanish Bank Merger (Financials in Five)

On the 30th of April, BBVA announced a bid for Sabadell that has since turned hostile and we are now waiting on regulatory approvals. Given the different geographical focuses, profitability and balance sheets there a questions to be answered around the implications for BBVA's metrics and for you as a bondholder. Bloomberg Intelligence's European banks credit analyst Ruben Benavides discusses how we got here, what impact to BBVA's capital and the potential wider sector arising from this consolidation move.

Ruben Benavides, banks credit analyst, and Renato Prieto, research content officer, discuss the BBVA-Sabadell merger story.

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This video was produced and edited by Victoria Garcia Loustau.