Tag #European Banking

Showing 1 to 12 of 34 results

sueddeutsche.de
🌐 85% Global Worthiness
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Unicredit Increases Commerzbank Stake, Sparking Takeover Speculation

Unicredit boosted its Commerzbank shareholding to around 26 percent, potentially triggering a takeover bid if it reaches 30 percent; this move is met with resistance from the German government and Commerzbank, raising concerns about job losses and branch closures.

Progress

56% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Santander Posts Record First-Half Profit Despite Interest Rate Headwinds

Banco Santander announced record first-half 2025 profits of €6.833 billion, a 13% increase year-on-year, driven by strong performance in Spain and offsetting a decrease in net interest income through increased commissions; however, the share price fell 2% following the announcement.

Progress

64% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 85% Global Worthiness
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BPCE Acquires 75% Stake in Novo Banco for €6.4 Billion

France's BPCE is acquiring a 75% stake in Portugal's Novo Banco for €6.4 billion, expanding its European reach and increasing its exposure to variable-rate loans; the deal, expected to close in the first half of 2026, reflects a broader trend of cross-border banking mergers.

Progress

36% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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National Interests Halt EU Banking Consolidation

European governments are increasingly intervening in banking mergers, such as the proposed BBVA-Sabadell deal in Spain, prioritizing national interests over the EU's push for a unified banking market, creating tension between national and supranational priorities.

Progress

60% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Commerzbank Defends Against Unicredit Takeover Bid

Amidst protests from employees and shareholders, Unicredit's potential takeover of Commerzbank faces strong opposition, with the German government and Commerzbank's management emphasizing the importance of maintaining its independence.

Progress

52% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Greek Banks Accelerate Deferred Tax Liability Reduction

Greek banks plan to significantly reduce their deferred tax liabilities (DTC) starting in 2025, aiming for a 29% reduction annually tied to dividend distribution, a strategy facilitated by a 2024 agreement with the SSM allowing for higher dividend payouts.

Progress

44% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Spanish Banks Show Resilience in EBA Stress Tests

The European Banking Authority's (EBA) 2025 stress tests revealed Spanish banks' capital consumption would be 180 basis points in a severe economic downturn, significantly lower than the European average of 304 basis points, with Bankinter showing the strongest resilience.

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Santander to Boost UK Profitability with Sabadell Acquisition

Santander's acquisition of Sabadell's UK banking operations aims to generate €460 million in synergies by 2028, increasing its UK market share significantly while boosting the subsidiary's profitability from 11% to 16%.

Progress

32% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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UniCredit Increases Alpha Bank Stake to Nearly 20%, Signaling Strategic Partnership

UniCredit raised its stake in Alpha Bank to almost 20%, a major investment exceeding €1 billion following the purchase of shares from the HFSF and via derivatives, strengthening their strategic partnership; this is the largest direct investment by a top European bank in the Greek banking sector in t...

Progress

56% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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Italian Banks Adopt Divergent M&A Strategies Amid Market Uncertainty

Credit Agricole Italia will not participate in hostile takeovers due to market uncertainty; Bper plans to proceed with the Popolare di Sondrio acquisition, while Unicredit's CEO emphasizes value-driven M&A decisions.

Progress

52% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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German Antitrust Authority Approves UniCredit's Increased Stake in Commerzbank

Germany's Bundeskartellamt approved UniCredit's acquisition of up to 29.9% of Commerzbank, following an investigation that considered market competition and alternative financing options for SMEs; the acquisition did not require EU approval.

Progress

36% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Unicredit's Commerzbank Bid Faces Resistance Amid Job Cuts

Unicredit holds nearly 28% of Commerzbank shares, aiming for a takeover despite opposition from the German government and Commerzbank itself, which is cutting 3,900 jobs while maintaining overall workforce numbers. A decision is delayed until next year.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 34 results