Spanish authorities have opened proceedings against banks , plc , plc and Caixabank over alleged anti - competitive practices regarding derivative contracts to cover the costs of syndicated loans ; the accusations stem from a complaint from renewable energy regulator Inversiones Empresariales plc .
Spanish regulators have opened proceedings against Santander, BBVA, Sabadell and Caixabank over alleged anti-competitive practices regarding derivative contracts to cover the risk of syndicated loans; the accusations stem from a complaint from renewable energy firm Inversiones Empresariales Vapat.