Unicredito pursues venture with Turkey's Koc Holding

Article Abstract:

Koc Holding A.S. is engaged in talks with Unicredito Italiano S.p.A. for a possible banking and financial services joint-venture. The talks involve discussions over a 50-50 division of the venture.

Financial Services, Finance and Insurance, Financial services industry, Joint ventures, Unicredito Italiano S.p.A., KOC Holding A.S.

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Turkish banks rethink strategy as rates fall

Article Abstract:

The article discusses the actions Turkish banks are taking to restructure their businesses and seek foreign partners, in the midst of the government's reforms to curb double-digit inflation.

Government regulation (cont)

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Intesa weighs plan to buy out minority shareholders of BCI

Article Abstract:

Banca Intesa SpA is considering buying out stockholders who have a minority share in Banca Commerciale Italiana SpA (BCI). The move would merge BCI into Intesa's wholesale banking unit.

Foreign Trade Companies NEC, Other Miscellaneous Nondurable Goods Wholesalers, WHOLESALE TRADE--DURABLE GOODS, Wholesale industry, Wholesale trade, Trading companies, Banca Intesa S.p.A., Banca Commerciale Italiana S.p.A.

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