The standoff surrounding Spanish bank BBVA’s hostile takeover of Banco Sabadell remains in limbo. BBVA, however, is not relenting, describing the deal as “the most attractive project in European banking.” For this reason, BBVA continues to pursue approvals from regulators. On March 19, Morocco’s central bank, Bank Al-Maghrib, became the latest to approve the transaction. With the green light, BBVA is set to enter the Moroccan market by taking over Sabadell’s branch. Morocco joins the European