PARIS/LONDON Euronext is to buy Borsa Italiana from London Stock Exchange for 4.3 billion euros ($5.1 billion) in cash, the companies said on Friday, in a major expansion of the French operator's network of European trading platforms.
MADRID The European leaders' agreement on a massive stimulus plan for their coronavirus battered economies should help kick-start cross-border consolidation in Europe and complete the European banking union, Santander Chairman Ana Botin said.
LONDON In September 2018, Santander, one of Europe's biggest banks, tweeted a video of its incoming new chief executive, an Italian investment banker named Andrea Orcel. Depicting a meeting with the bank's boss, Ana Botin, the clip showed the silver-haired Italian cutting the air with a decisive gesture.
LONDON Calisen Group, which supplies smart meters to British households, is aiming to sell up to 408 million pounds ($536.28 million) of shares in its planned initial public offering, banks working on the deal said on Tuesday.
LONDON/FRANKFURT Deutsche Bank shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany. | Video
LONDON/FRANKFURT For Deutsche Bank chief executive Christian Sewing, shrinking the group's investment bank will be the relatively easy - if expensive - part of his restructuring plan.
By Justin George Varghese, Rachel Armstrong and Pamela Barbaglia | Video