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News 2026-10-06 05:35 UTC

BPCE buys ~7% stake in Banco Sabadell, plans board seat

French lender BPCE has acquired a stake of approximately 7% in Banco Sabadell, with plans to secure a seat on the Spanish bank's board. BPCE stated it does not intend for its shareholding to exceed 9.9%. The two entities will explore strategic cooperation, particularly in corporate and investment banking, equipment lea