08/05/2014
BNP Paribas Offers to Buy DAB Shares After UniCredit Deal
The bank will publish final terms of the offer on its website once German financial markets regulator Bafin grants permission
08/05/2014
The bank will publish final terms of the offer on its website once German financial markets regulator Bafin grants permission
08/05/2014
ABN Amro Group NV and Deutsche Bank AG (DBK) were also chosen to work on the possible sale, in which the owner may seek a valuation of about 2 billion euros ($2.7 billion) including debt, two of the people said, asking not to be identified as the details
08/04/2014
Chairman Douglas Flint said the results showed "a suitably well balanced financial performance" at a time of low interest rates and reduced financial market volumes.
08/04/2014
Royal Bank of Scotland, Britain’s largest state-owned lender, said it’s cutting lending to Russian companies, following European banks including Societe Generale and Natixis in complying with the latest round of sanctions over Ukraine.
08/03/2014
One of Britain's biggest banks is urging the Government to delay a deadline for separating lenders' retail and investment banking operations amid fears that billions of pounds could be wasted on the project.
08/01/2014
Banks and investors in Asia, however, are reluctant to get involved
08/01/2014
Natixis SA, the investment-banking and asset-management unit of France’s second-largest bank by branches, said second-quarter profit rose 29 percent, helped by a rebound in trading revenue.
08/01/2014
In their deepest unspoken fantasies, BNP Paribas’s corporate and investment bankers probably feel that they deserve some pretty reasonable bonuses this year.
08/01/2014
In a separate statement confirming the deal, DAB Bank said its management board takes a "generally positive view" of the acquisition.
08/01/2014
Despite the bank’s improving profitability, it still faces a number of potential risks.
07/31/2014
IPO likely for up to 40% stake; sale set for 2015.
07/31/2014
The Group has a rock-solid balance sheet with high solvency and significant liquidity reserves. Serving the needs of clients all over the world, the Group plays an active role in financing the economy and is preparing the bank for the future.”
07/30/2014
Barclays' six monthly pre-tax profits have fallen after investment bank revenue fell.
07/30/2014
This new business expands the services that Evercore can provide to existing and new clients in Europe and will form a core part of our offering in conjunction with strategic and mergers and acquisitions advice.
07/30/2014
Net Interest Income Slips but Beats Analysts' Expectations
07/30/2014
Now, having navigated France’s largest bank through the worst crisis in its history -- with BNP this week set to post its biggest quarterly loss on record U.S. fines -- Chief Executive Officer Bonnafe, 53, is stepping to the fore.
07/28/2014
Bankers in Royal Bank of Scotland's restructuring division have been awarded £17m bonus, despite an ongoing investigation by the FCA into claims that the unit pushed viable small businesses to the brink
07/28/2014
RBS commissioned the investment bank earlier this year to advise it on potential merger opportunities for Ulster Bank, the biggest bank in Northern Ireland and the third largest in the Republic of Ireland.
07/28/2014
Daily Il Sole 24 Ore said on Sunday UniCredit was close to selling to a vehicle controlled by SwanCap Partners a significant part of its remaining 1.5 billion euro (1.1 billion pounds) private equity investment portfolio, along the lines of a similar 1 bi
07/25/2014
The family was among 13 inhabitants from Hilversum who perished in the plane disaster. In an obituary in the newspaper NRC Handelsblad, Mayor Pieter Broertjes said, “It is terrible that they have been torn from our society in this way.”