Italian lender Banca Ifis has launched a €298mn tender offer to acquire its domestic rival Illimity Bank. The offer, launched on Wednesday, values Illimity shares at €3.55 each, representing a 5 per ...
An increasing number of banks have a diversity and inclusion lead at the C-suite level. Fewer banks, however, adopt the practice of having a chief of diversity to work alongside them for a fixed ...
“Our business is changing … we need more scale,” says BBVA chief executive Onur Genç about the bank’s hostile bid for Banco Sabadell. The large majority of BBVA’s customers, Genç says, are now ...
Among the new economic initiatives recently rolled out is a new securities exchange, the Ethiopian Securities Exchange, or ESX, planned for launch on January 10. For decades, Ethiopia’s financial ...