The Stability Fund was created as part of the bailout package of UBS AG and now, it was time for the bank to pay back the fund under a given formula.
Commercial banks
Breaking News
Johannesburg-based Standard Bank said it would be selling its London-based trading unit to a yet-unconfirmed buyer.
Two of the most active banks in the Gulf region, Standard Chartered and Citigroup Inc have decided not to support Etisalat's loan for the acquisition of Maroc Telecom.
The latest takeover bid was submitted by BNP Paribas SA for BGZ Bank in the Polish market that had seen mega million takeover deals in its banking industry.
French lender BNP Paribas announced its submission of a non-binding bid to purchase a 98.5% interest in Rabobank's BGZ.
Two French banks, Societe Generale and Credit Agricole, disclosed plans to increase its ownership stakes in asset manager Amundi Group and derivatives broker Newedge Group.
Regulatory authorities are reviewing the capital buffers ING Groep NV for real estate financial loans prior to ECB testing to be conducted.
An internal inquiry is to be conducted by Lloyds Banking Group as to its foreign currency trading operations after being advised by the Financial Conduct Authority to review its processes and report irregularities.
The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.
The two banks for middle market advisory services have merged to provide a wider range of portfolio services to its clientele.
With vigorous criticism of the rules on banking exposure related to government related debt, the UAE central bank was forced to review the rules and study on how to lessen its harsh effects.
Eight banks were identified as 'too big to fail' by the Norwegian financial regulatory authority.
With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014.
The following bids, mergers, acquisitions and disposals were reported on Friday
