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BPCE to buy Irish-led Novo Banco in €6.4bn deal
French banking group BPCE agreed to acquire Lone Star’s Novo Banco, the Portuguese lender led by former AIB chief financial officer (CFO) Mark Bourke, in a deal worth an estimated €6.4 billion in what’s set to be a key cross-border acquisition for Europe.
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BPCE signs a Memorandum of Understanding to acquire novobanco, Portugal’s fourth-largest bank Paris, 06 13 2025 Groupe BPCE, the second-largest bank in France1 and the fourth-largest in Europe2, has ...
Groupe BPCE drastically curtailed its use of the simplified risk-weighting method for equity investments in the first quarter, as new European Union banking rules reshaped how stakes in the banking ...
The Swiss government on Friday announced plans to tighten capital requirements for UBS, proposing that the bank hold up to $26bn in additional core capital following its state-backed rescue of Credit ...
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