Tag #Banking

Showing 1 to 12 of 219 results

elpais.com
🌐 85% Global Worthiness
News related image

Sabadell Shareholders to Vote on TSB Sale and €2.5 Billion Dividend Amid BBVA Takeover Bid

Banco Sabadell will hold two shareholder meetings on August 6th to approve the sale of its UK subsidiary TSB to Santander for €3.1 billion and a €2.5 billion extraordinary dividend, actions required due to a hostile takeover bid by BBVA.

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
News related image

Sabadell's TSB Sale Complicates BBVA Takeover Bid

Banco Sabadell's shareholder meeting on August 6th approved the sale of its UK subsidiary, TSB, to Banco Santander for €3.1 billion, a move that complicates BBVA's ongoing takeover bid and significantly increases Sabadell's financial strength.

Progress

52% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
News related image

Santander to Acquire TSB Bank for €3.1 Billion

Banco Santander will acquire TSB Bank from Banco Sabadell for €3.1 billion, creating the UK's third-largest bank by current accounts and fourth by mortgages, with projected synergies of €460 million and a 13% CET1 capital ratio by 2025.

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
News related image

BBVA Weighs Government Condition on Banco Sabadell Acquisition

BBVA is evaluating a new Spanish government condition on its acquisition of Banco Sabadell, mandating Sabadell's operational independence for 3–5 years, potentially leading to the withdrawal of BBVA's takeover offer.

Progress

48% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
News related image

BBVA's Sabadell Bid Awaits Government Decision Amidst TSB Sale Uncertainty

BBVA's takeover bid for Sabadell faces a crucial government decision this week, with the potential sale of Sabadell's UK subsidiary, TSB, adding complexity; the offer's success hinges on the government's conditions and shareholder acceptance by September.

Progress

32% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 90% Global Worthiness
News related image

Global Banks Increase Fossil Fuel Financing by \$162.5 Billion in 2024

The world's top 65 banks financed \$869 billion in fossil fuels in 2024, a \$162.5 billion increase from 2023, driven by banks' retreat from climate commitments and lack of binding regulations; American banks led the way, while some European banks showed stronger exclusion policies.

Progress

56% Bias Score

Climate Action
cincodias.elpais.com
🌐 85% Global Worthiness
News related image

Santander's TSB Purchase Impacts BBVA's Sabadell Bid

Banco Santander purchased TSB Bank for €3.1 billion, impacting BBVA's Sabadell takeover bid and prompting analysts to predict adjustments to BBVA's offer due to Sabadell's €2.5 billion dividend payout.

Progress

36% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
News related image

Sabadell's TSB Sale Throws Wrench in BBVA Takeover

Banco Sabadell sold its UK subsidiary, TSB, to Banco Santander for €3.1 billion, triggering a €2.5 billion extraordinary dividend payout for its shareholders, significantly impacting the ongoing BBVA takeover bid.

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
News related image

Sabadell Sells TSB to Santander Amidst BBVA Takeover Bid

Banco Sabadell sold its British subsidiary, TSB, to Banco Santander for €3 billion, amidst a hostile takeover bid by BBVA; the sale proceeds will be distributed to Sabadell shareholders, impacting BBVA's takeover strategy.

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
News related image

Spanish Supreme Court Rules Mortgage Floor Clauses Null and Void

The Spanish Supreme Court declared mortgage floor clauses null and void due to lack of transparency, impacting millions of households and following years of legal battles and five rulings from the European Court of Justice, with estimates of undue interest payments ranging from €7.6 billion to €15.9...

Progress

40% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
News related image

Santander explores TSB takeover, signaling UK market repositioning

Santander has contacted Sabadell about a possible takeover of TSB, its UK high-street bank, months after denying plans to sell it, suggesting a strategic shift in its UK market presence.

Progress

36% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
News related image

CDs vs. High-Yield Savings Accounts: A $20,000 Comparison

Currently, $20,000 CDs offer slightly higher interest rates (4.31%-4.49%) than high-yield savings accounts (4.25%-4.31%), but CDs involve fixed terms and early withdrawal penalties, while savings accounts offer flexibility but variable rates subject to future cuts.

Progress

44% Bias Score

Reduced Inequality

Showing 1 to 12 of 219 results