Europe's banks find bold moves lead to outcry

Article Abstract:

Europe's banking sector are slashing jobs and building resources through cross-border mergers in a play for global markets. Some central bankers and politicians have protectionist and nationalist worries that this could be a death knell for the homegrown banking sectors of European nations. Deutsche Bank AG is in the forefront.

Europe, Germany, Market share, Personnel administration, Industry Overview, Economic aspects, Human resource management, International aspects, European Union, Company personnel management, Company market share, Deutsche Bank AG (Frankfurt, Germany), DB

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Stage gets set for Italy's banks to consolidate

Article Abstract:

Banca Intesa S.p.A. of Italy is in acquisition talks with Sanpaolo IMI S.p.A. also of Italy. The consolidation would be valued at 50 billion Euros (approximately $65 billion)and create the largest banking interest in Italy. The banking industry in Italy is fragmented and ripe for consolidations.

Italy, Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Banca Intesa S.p.A., Sanpaolo IMI S.p.A., Industry overview

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