BSCH quits bid for increased ties with Commerzbank

Article Abstract:

Banco Santander Central Hispano SA has terminated negotiations on increasing its shareholdings in Commerzbank AG. The two banks could not agree on what value to give the proposed deal.

Strategy & planning, Russia, Banco Santander Central Hispano S.A.

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Credit Suisse buys GVC as it extends reach in Europe

Article Abstract:

Credit Suisse AG has reached a deal to acquire General de Valores y Cambios SVB SA for undisclosed terms. The deal will give Credit Suisse a presence in the Spanish marketplace.

Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Switzerland, Credit Suisse Group, General de Valores y Cambios

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Court in Germany blocks share issue by Commerzbank

Article Abstract:

A regional German court temporarily prevents Commerzbank from issuing shares to Assicurazioni Generali due to a shareholder protest.

Government regulation (cont), Germany, Cases, Securities

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