12/28/2016
The Polish government has been increasing its sway over the banking sector in what analysts have said is an attempt to gain more control over the slowing economy. Following the Pekao purchase by PZU and PFR, Polish capital now controls the country's
12/28/2016
Plans would ensure British bank can maintain its German and Dutch retail clients
12/23/2016
The firm’s board was set to meet last night amid speculation that a government rescue could take up to three months to complete.
12/23/2016
Central & Eastern Europe is a region where Societe Generale sees potential for future growth
12/23/2016
Banca Nazionale del Lavoro, the Italian unit of BNP Paribas, and another unit, BPI, which are at the center of the plan, employ around 13,190 staff overall.
12/22/2016
Monte dei Paschi di Siena, recently judged the weakest of the euro zone's major banks, declined to comment.
12/22/2016
The Polish government has been increasing its sway over the banking sector in what analysts have said is an attempt to gain more control over the slowing economy.
12/22/2016
Sweden’s FSA moves to reassure other Nordic regulators
12/21/2016
Italy's third biggest bank reopened the debt swap
12/21/2016
The government's plan should remove one of the litigation risks that has complicated efforts to sell Novo Banco.
12/21/2016
If the bank cannot arrange a successful private sector bailout, the Italian government will probably step in
12/20/2016
The acquisition of MBNA will increase Lloyds group revenue by GBP650.0 million per year
12/19/2016
The fairness of the exchange ratio was additionally audited by an independent court appointed merger auditor in accordance with Austrian merger law and reviewed by the Supervisory Boards of RZB and RBI.
12/19/2016
The bank has also been the subject of local media reports suggesting it issued loans to select insiders that may never be repaid.
12/19/2016
There is no indication yet that banks are considering using the law to challenge the EU.
12/14/2016
Bank, which has lost half its value this year, will launch Italy’s largest share issue and use the cash to remove bad debts
12/13/2016
However, its chances of success are slim and the state is likely to have to step in to make up for the shortfall, bankers say.
12/13/2016
In a statement today, Lloyds said the government has reduced its stake in the bank by about 1 percentage point to 6.93%, or to about 4.9 bln shares, down from 5.7 bln previously.
12/12/2016
Speaking at a year-end press event on Thursday, Grisi said the plan was Santander’s biggest-ever in Mexico
12/12/2016
The board is believed to have ruled that two extra weeks would be of little use in turning around the historic bank.