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  • Spain's second-largest bank BBVA and smaller rival Banco Sabadell said Friday they had scrapped plans for a possible tie-up that could create the country's largest lender. Sabadell said in a statement that it had "decided to terminate these discussions" as the two parties had failed to come up with a share exchange agreement. mg/ach/axn
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  • Spanish banks Sabadell and BBVA scrap merger plan
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