Searched for
EUROPEAN BANK MERGERS
Persistent's Nagarro deal faces near-term doubts, but long-term story stays strong: Piyush PandeyPersistent Systems' acquisition of Nagarro triggered an 11% stock drop, with investors worried about integration and margins. However, mark...
NBCUniversal may enter video game business after Comcast split, sources sayNBCUniversal is exploring new avenues in digital gaming and entertainment franchises following its planned spinoff from Comcast. Meanwhile,...
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
European shares end at more than one-month high on tech boostEuropean shares closed at over a month's high, boosted by technology stocks and optimism surrounding a potential Middle East conflict resol...
Global Markets | European markets dip as investors eye earnings, Iran conflict continues to weighEuropean shares dipped on Wednesday, as investors turned their focus to a packed day of corporate earnings, while a continuing U.S.-Iran im...
Sun Pharma shares jump over 9% after firm announces $12 billion Organon acquisitionSun Pharmaceutical Industries' shares surged after announcing the $11.75 billion acquisition of US-based Organon & Co., a global leader in ...
Why are Deutsche Telekom and T-Mobile US stocks crashing on merger talks—could this $400B deal become telecom’s biggest ever, or is the shares drop a rare dip to buy or red flag?Why are Deutsche Telekom and T-Mobile US stocks crashing together on merger talks? Shares of Deutsche Telekom dropped 2.6% after reports of...
Global Market Update | European shares fell amid uncertainty over Mideast warEuropean shares fell on Friday as investors remained wary about the outlook of the Middle East war that has stoked inflation risks and cl...
UniCredit gets ECB nod for Commerzbank stakeItalian bank UniCredit has received approval from the European Central Bank to acquire up to 29.9 percent of Commerzbank, signaling a poten...
Commerzbank plans job cuts, new targets to keep UniCredit away, sources sayGermany's Commerzbank plans to cut several thousand jobs and set new financial targets to fend off a takeover by Italy's UniCredit. The CEO...
Deutsche Bank CEO rejects EU plans on resolution rulesDeutsche Bank's CEO, Christian Sewing, has rejected the European Union's proposed plans for bank resolution rule updates, arguing that stri...
UBS tells investors shotgun Credit Suisse takeover a 'major challenge'Describing the transaction as "the first merger of two globally systematically important banks," Chairman Colm Kelleher sought to assure in...
Fearing predators, Credit Suisse seeks new look or even merger: SourcesNew chairman, Antonio Horta-Osorio, announced a strategic review in late April, telling investors he would take time in reaching hard decis...
Deutsche Bank CEO says focusing on restructuring in 2021, not mergersThe German lender will focus on the bank's restructuring over the next year rather than on mergers.
European shares bounce back helped by bank merger talkThe pan-European STOXX 600 index was up 0.3 per cent by 0831 GMT, having hit its lowest since February 21.
- CCI must scrutinise M&As in all sectors and coordinate with sectoral regulators
The government has reportedly decided to bring bank mergers under the scrutiny of the Competition Commission of India (CCI). This is welcom...
Up to 5,000 jobs to be cut in ABN Amro, Fortis merger: ABNDutch lender ABN Amro said the merger would see the elimination overall of between 5,500 and 6,500 full-time jobs.
- BNP Paribas opposes Euronext-NYSE deal
BNP Paribas opposed a merger of pan-European stock market operator Euronext and the New York Stock Exchange.