Consolidation: the well trod path

Article Abstract:

European financial institutions are facing significant challenges as they balance domestic restrictions on their growth against the need to boost their market share. In Portugal, Banco Commercial Portuguese has purchased the private family-owned bank Banco Mello and its insurance subsidiary Imperios Seguros. Spain's Banco Santander Central Hispano has continued its cross-border growth with the purchase of Meridional group of Brazil, while in Italy Banco Popolare di Verona is to merge with Banco Popolare di Bergamo. Also in Italy, Unicredito's planned alliance with BBVA will be resolved in Feb 2000.

Commercial banks

---

Banking: life after Dresdner-Deutsche

Article Abstract:

Issues concerning the consolidation of German banks, and the failure of Dresdner and Deutsche to merge, are discussed. The development of consolidation amongst regional banks, savings banks and co-operative banks is also analysed.

Germany, Deutsche Bank AG, Savings banks, Dresdner Bank AG, DTBKY

---

Hostile to fortune

Article Abstract:

Few investment bankers are prepared to predict when, and if, Europe's cross-border retail banking mergers will take place because of the political resistance to takeovers which involve surrendering control of a major national institution. Currently, banks are scrambling for national supremacy in preparation for full-blown cross-border consolidation.

Retail Banking Services, Acquisitions & Mergers Analysis, Retail banking, Acquisitions and mergers, International aspects, Financial analysis

Similar abstracts:

• Abstracts: FedEx says earnings fell in quarter and cuts outlook for current period. FedEx net profit jumps by 13% in second quarter
• Abstracts: Guarding vital trade secrets. No More Empty Trucks. Preparing for disasters
• Abstracts: Gambling on William Hague. Don't be vague. William the unflappable
• Abstracts: The question marks over Peru's presidential vote. Peru's fight for democracy. The Andean autocrats dig in for the long haul
• Abstracts: The tiger and the tech. Wo ist Goldilocks? Death of the salesmen

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.