News: Vestjysk Bank A/S (VJBA.CO)

VJBA.CO on Copenhagen Stock Exchange

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Wed, Oct 1 2008

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Bank consolidation not according to plans

LONDON (Reuters) - A long awaited consolidation of Europe's banks is rapidly taking shape, executed through shotgun rescues and bargain purchases by stronger banks rather than a harmonisation of business across borders.

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Bank consolidation not according to plans

LONDON (Reuters) - A long awaited consolidation of Europe's banks is rapidly taking shape, executed through shotgun rescues and bargain purchases by stronger banks rather than a harmonisation of business across borders.

UPDATE 2-Roskilde's branches gobbled up by Danish peers

COPENHAGEN, Sept 29 (Reuters) - Three competitors on Monday gobbled up the healthy branches of failed Danish bank Roskilde in the latest case of consolidation in Denmark's fragmented retail banking industry.

UPDATE 1-Vestjysk Bank to buy two Danish peers

COPENHAGEN, Sept 29 (Reuters) - Denmark's Vestjysk Bank on Monday said it planned to buy smaller peers Ringkjobing Bank and Bonusbanken after the small lenders had both been forced into larger-than-expected loan writedowns.

Vestjysk Bank to buy Ringkjobing and Bonusbanken

COPENHAGEN, Sept 29 (Reuters) - Denmark's Vestjysk Bank on Monday said it planned to buy smaller peers Ringkjobing Bank and Bonusbanken after the small lenders had both been forced into larger-than-expected loan writedowns.

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