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Portugal opposes further increase in Spanish banks’ presence
fortune.com/europe/2025/05/22/portugal-opposes-further-increase-spanish-banks-presence-santander-caixabank
Portugal said Spanish lenders shouldn’t further increase their presence in the country, the latest sign of a European government wanting to intervene in potential banking deals.
Spanish lenders now represent about a third of Portugal’s banking market, Finance Minister Joaquim Miranda…
This story appeared on fortune.com, 2025-05-22 10:59:22.