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Banco Popular Espanol SA (POP.MC)

POP.MC on Madrid SE C.A.T.S.

11:35am EDT
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Latest Key Developments (Source: Significant Developments)

Banco Popular says could buy back real estate service firm Aliseda
Tuesday, 18 Oct 2016 04:33am EDT 

Banco Popular : Says considering buying back real estate service company Aliseda . Says buyback is one of a number of options and no final decision has been made . Says could use Aliseda to obtain financing in the capital markets . Popular agreed to sell a majority stake in Aliseda at the end of 2013 for around 800 million euros ($896.08 million) to U.S. investment firms Kennedy Wilson and Varde Partners .Popular has said it is considering floating a real estate unit worth up to 6 billion euros.  Full Article

Union rejects the number of layoffs announced by Banco Popular
Thursday, 6 Oct 2016 06:49am EDT 

Confederacion Sindical de Comisiones Obreras: Union says rejects the number of layoffs announced by Banco Popular [nL8N1BW2QV] Further company coverage: [POP.MC] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Spanish bank Popular says returns to cash dividend in 2017
Wednesday, 5 Oct 2016 11:35am EDT 

: Popular says to return to cash dividend in 2017 . Popular says aims for 40 percent dividend payout by 2018 (Reporting By Jesus Aguado, Editing by Sonya Dowsett) ((sonya.dowsett@thomsonreuters.com;)).  Full Article

Banco Popular lowers floor price of two bonds issues
Monday, 19 Sep 2016 01:21am EDT 

Banco Popular Espanol SA : Said late on Friday resolved to lower floor price for bond issue under ISIN XS0979444402 worth 500 million euros ($558 million) to 1.653 euros from 2.015 euros .To lower floor price for bond issued under ISIN XS1189104356 worth 750 million euros to 1.549 euros from previous 1.889 euros.  Full Article

Banco Popular starts talks with unions on new optimization plan
Thursday, 15 Sep 2016 06:38am EDT 

Banco Popular Espanol SA : Says starts negotiations with unions about new optimization plan .Says talks with unions to cover branch network optimization, among other topics.  Full Article

Spain's Popular to pay cash dividend in 2018 with 40 pct payout
Friday, 29 Jul 2016 07:38am EDT 

Spain's Banco Popular :Says plans to pay a cash dividend in 2018 with a payout of 40 percent.  Full Article

Spain's Popular may incorporate external partner into private banking unit
Friday, 29 Jul 2016 03:58am EDT 

Spain's Banco Popular : Says is considering incorporating an external partner into its private banking unit .Says is not worried about the result of Friday's European banking stress test.  Full Article

Banco Popular says not yet possible to quantify any staff changes
Friday, 22 Jul 2016 05:50am EDT 

Banco Popular Espanol SA : Says, in relation to market reports about its staff and network of offices, the company is in the process of operational analysis for the best way to achieve its objectives .Says to date it is not possible to quantify precisely the possible effects of this analysis.  Full Article

Banco Popular studies options to reduce level of unproductive assets
Wednesday, 13 Jul 2016 04:32am EDT 

Banco Popular Espanol SA : Says is studying alternatives to reduce the level of unproductive assets in its balance sheet in 2016-2018 . Among the options being analyzed, the company considers setting up a vehicle to consolidate a portion of the assets .Sees impact from possible transfer of assets of at least 4.00 billion euro ($4.42 billion) gross.  Full Article

Spain's Merlin signs deal with Metrovacesa to form property group
Tuesday, 21 Jun 2016 11:45am EDT 

Spanish real estate firm Merlin : Says has signed deal with real estate company Metrovacesa and its largest shareholders to form property group . Says shareholders Santander , BBVA and Banco Popular will take a 31 percent stake in Merlin as result of Metrovacesa deal (Reporting by Madrid newsroom).  Full Article

BRIEF-Banco Popular reduces to 2,592 number of people affected by restructuring

* Reduces to 2,592 the number of people affected and improves the conditions of the restructuring process