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Spanish banking sector may need further consolidation
(24 July 2015 – Spain) There are reports a new wave of consolidation in Spain’s banking industry may be on the cards as high costs and low returns make […]
(24 July 2015 – Spain) There are reports a new wave of consolidation in Spain’s banking industry may be on the cards as high costs and low returns make […]
(8 July 2015 – Britain) British Finance Minister George Osborne indicated the state’s stake in Royal Bank of Scotland (RBS) worth £16 billion (A$33.3 billion) within two years of […]
(2 July 2015 – France) BNP Paribas announced on 30 June that its wholly-owned vehicle service leasing business, Arval has signed a Memorandum of Understanding (MoU) with GE Capital […]
(2 July 2015 – Spain) Britain’s financial regulators have approved Spain’s Banco Sabadell’s £1.7 billion (A$3.5 billion) takeover of Britain’s TSB. Sabadell is Spain’s fifth-largest bank and after agreeing […]
(2 July 2015 – Japan) Sumitomo Mitsui Banking Corp (SMBC) president Takeshi Kunibe released a statement on 30 June to report its Europe arm had reached an agreement to […]
(22 June 2015 – France/Spain) Société Générale Group announced the acquisition of the entire 20.5 percent stake in its Boursorama unit held by Spanish lender CaixaBank, giving the […]
(22 June 2015 – Japan) Mitsubishi UFJ Financial Group (MUFG) will acquire UBS Group AG unit Alternative Fund Services (AFS) for as much as ¥30 billion (A$314 million) to […]
(1 June 2015 – Scotland) The Royal Bank of Scotland (RBS) is considering a bid for a state-owned mortgage portfolio. There are a number of other prospective bidders […]
(20 May 2015 – China) Bank of Communications Co, plans to acquire about 80 percent of Brazilian lender Banco BBM SA for an estimated US$200 million (A$250 million). […]
(23 April 2015 – Australia) National Australia Bank (NAB) is expected to sell off more of its holding in United States-based agribusiness bank, Great Western Bancorp. NAB bought […]