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North Pacific Bank to fully acquire Jyoko Securities

Friday, 12 May 2017 04:12am EDT

May 12(Reuters) - North Pacific Bank Ltd <8524.T>:Says it will fully acquire Jyoko Securities Co., Ltd. through stock swap, on Jan. 1, 2018.

Unipol CEO says never spoke of merging BPER & Unipol Banca - paper

Thursday, 11 May 2017 02:17am EDT

May 11 (Reuters) - Unipol Gruppo Finanziario CEO Carlo Cimbri tells Il Sole 24 Ore in an interview::idea of merging BPER Banca with Unipol Banca has not been discussed.Unipol focusing on bad bank creation for now.reiterates that out of its 9.9 percent holding in BPER, 5 percent is a stable investment and the remainder a financial one.

Italy's Ubi Banca says has finalised acquisition of three small banks

Wednesday, 10 May 2017 03:06pm EDT

May 10 (Reuters) - Italy's UBI Banca says::has finalised acquisition of three small banks, Banca Marche, Banca Etruria and CariChieti.purchased from Italian Resolution fund .acquisition concluded after receiving required authorisation from European Central Bank, European Commission and Bank of Italy. .deal finalised after seller recapitalised the banks for a total of 713 million euros. The acquired banks and their units disposed of non-performing loans totalling 2.2 billion euros gross, and UBI approved increase in share capital of UBI Banca of up to 400 million euros.Osvaldo Ranica appointed Chairman of the three banks.

Swedbank acquires payment provider Payex

Wednesday, 10 May 2017 02:00am EDT

May 10 (Reuters) - Swedbank :Swedbank acquires Payex.Says for 2016, Payex total operating income amounted to SEK 541m, total operating costs to SEK 460m and profit before tax to SEK 78m.Says at end of 2016, Payex total risk exposure amount was SEK 1.7bn.Says acquisition is financed with Swedbank's internal resources and is subject to customary approvals from regulatory authorities, including Swedish Financial Supervisory Authority and Swedish Competition Authority.The acquisition will have a minor negative impact on the common equity tier 1 ratio of the Swedbank group.

Valiant Holding: purchase offer for Triba shares approved by Triba shareholders

Monday, 8 May 2017 01:00am EDT

May 8 (Reuters) - VALIANT HOLDING AG ::VALIANT'S PUBLIC PURCHASE OFFER FOR THE SHARES OF TRIBA PARTNER BANK AG IS APPROVED BY THE SHAREHOLDERS OF TRIBA.ACCORDING TO THE PREVIOUS STATEMENTS, VALIANT ALREADY ACCOUNTS FOR MORE THAN 60 PERCENT OF TRIBA'S SHARE CAPITAL.

Rizal Commercial Banking clarifies on article in The Philippine Star (Internet Edition)

Sunday, 7 May 2017 10:54pm EDT

May 8 (Reuters) - Rizal Commercial Banking Corp -:Refers to news article "sale rumors pushing up rcbc share price" in the philippine star (internet edition)."RCBC is not in talks or discussion with anyone regarding the sale of a majority stake or any merger".

First Horizon National will get paid $85 mln by Capital Bank in connection with termination of merger agreement

Friday, 5 May 2017 05:42pm EDT

May 5 (Reuters) - First Horizon National Corp ::First Horizon National - termination fee of $85 million will be payable by capital bank to first horizon in connection with termination of merger agreement.

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