Tag: banking

Denmark Approves Merger Between Middelfart Sparekasse and Nordfyns Bank

The Danish Competition and Consumer Authority has approved the planned merger of…

Commission Calls on Italy to Align Golden Power Rules With EU Banking Law

The European Commission has opened an infringement procedure against Italy for the…

Novo Banco Acquires Exclusive Control of Unibanco Business Unit from UNICRE

Novo Banco, S.A. has announced the acquisition of exclusive control over the…

Italy’s CDP Opposes TPG ‘s €1B Bid for Majority of Nexi’s Banking Unit

Italy's state lender Cassa Depositi e Prestiti (CDP), a key investor in…

TPG Tables €1 Billion Binding Bid for Nexi’s Digital Banking Arm

U.S. private equity firm TPG has submitted a €1 billion (approximately $1.15…

Spain to Cede Some Banking Merger Powers to EU After BBVA-Sabadell Fallout

The Spanish government has committed to ceding certain banking oversight responsibilities to…

Bank Pekao Gains on Strong 2Q, Political Risk Looms Over PZU Deal

Poland’s second-largest bank, Pekao presented positive 2Q results with a 13% increase…

Portugal Launches Consultation on Retail Banking Barriers and Competition

Portugal’s Competition Authority (AdC) has opened a public consultation aimed at examining…

MEPs Push for EU Competitiveness Reforms in Banking and Competition Policy

In a push to strengthen the European Union’s economic resilience and competitiveness,…

ING Group Eyes Expansion in Major European Markets While Finalizing Russia Exit

Dutch banking giant ING Group is actively exploring opportunities to acquire rival…