S Immo Bids for Unicredit’s 16% Stake in CA Immobilien
30 Sep 2014, 12:51 pmS Immo announced the bid for the 16 percent stake in a statement today. At least two other companies plan to make offers for the shareholding, including Austrian competitor Immofinanz AG (IIA) and at least one private-equity firm, according to two people with knowledge of the matter.
REUTERS SUMMIT-Some of Hungary's banks will need capital hike after refunds, official says
29 Sep 2014, 5:41 am* Below-market conversion would pose stability risks BUDAPEST, Sept 29 (Reuters) - Some banks operating in Hungary will have to raise capital by hundreds of millions of euros each after they settle refunds on past loans with customers, Economy Ministry state secretary Gabor Orban told Reuters. Hungary's parliament passed a law last week that will force banks to compensate their clients for past ...
Santander confirms studying asset management merger with Unicredit
24 Sep 2014, 1:15 amSpain's largest bank Santander confirmed on Wednesday it was studying a potential merger of its fund management business with that of Italy's Unicredit SpA , though gave no further details on the deal. UniCredit CEO Federico Ghizzoni told reporters on Tuesday that the proposal was to combine Santander Asset Management with UniCredit (Milan: UCG.MI - news) 's Pioneer unit, with each bank owning ...
UniCredit, Santander in talks to merge asset management units
23 Sep 2014, 11:47 am* Deal envisages combining Pioneer with Santander Asset Management * UniCredit (Milan: UCG.MI - news) , Santander to hold around one third each of new entity * Deal to add 20-25 bps to UniCredit core capital ratio * Signing seen in November, UniCredit CEO says (Adds details)
Santander Tops Green Bank List as Europe’s Lenders Surge
22 Sep 2014, 10:51 pmAs global investments in clean energy sank 11 percent to $245 billion last year, banks found a new opportunity: funding, advising and leading the initial public offerings of renewable-power investment firms called yield companies.
Is Goldman Sachs One of the World's Greenest Banks?
22 Sep 2014, 10:00 pmAs global investments in clean energy sank 11 percent to $245 billion last year, banks found a new opportunity: funding, advising and leading the initial public offerings of renewable-power investment firms called yield companies. From a trickle a few years ago, they've raised more than $3.8 billion since 2013 as of mid-September, Bloomberg Markets magazine will report in its November issue ...
European shares steady, Telecom Italia and ABB standout gainers
9 Sep 2014, 2:59 amEuropean equities steadied after choppy early trading on Tuesday as gains for shares in companies including Telecom Italia and ABB were offset by weaker energy shares following a sharp decline in crude ...