Spanish practices

Article Abstract:

Banco Bilbao Vizcaya (BBV) and Argentaria plan to merge, and BBV is likely to dominate the new bank, despite the merger officially being between equals. European monetary union has encouraged consolidation in European banking. The new bank will be able to cut costs by eliminating joint expenses in Spain, as well as some Latin American overlap. There is also a possibility of expansion in southern Europe, and BBV is carrying out talks with Italy's Unicredito.

Commercial Banks, Banco Bilbao-Vizcaya S.A., Argentaria Corporacion Bancaria de Espana S.A.

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Togetherness: Swiss private banks

Article Abstract:

Practices of Swiss private banks have changed little since their beginnings, but new competition from commercial banks and new private banks is forcing some of them to change. One example is Julius Baer, which is acquiring another Swiss bank, Falck. More Swiss private bank mergers may follow.

Private Deposit Money Banks, Management, Switzerland, Private depositories, Private banking, Falck S.p.A., Julius Baer Investment Management L.L.C.

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A giant gnome? Bank mergers

Article Abstract:

The proposed merger between CS Holding and UBS would create a world banking leader and a bank with more assets that any European rival. However, UBS is wary of its eager prospective partner, and the merger has political opposition and would be scrutinized by competition authorities.

Banking Institutions, Depository Credit Intermediation, Banks (Finance), UBS AG, CS Holding S.A.

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