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 ...
European investors were more receptive to the bonds, though the thin equity backing made the deal harder to sell into the loan market. The secured ratings included an investment grade BBB– from Fitch, ...
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 ...
The CEO of Citizens Financial Group, Bruce Van Saun, talks to The Banker about expanding the lender’s consumer base in New York and its beefed-up middle market proposition, gained after a series of ...