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市场新闻

Spanish Banks' ECB Borrowing At Around 0.47 Bln Euros In September

BRIEF-Spanish Banks' ECB Borrowing At Around 0.47 Bln Euros In September Oct 14 (Reuters) - Bank of Spain: SPANISH BANKS' ECB BORROWING AT AROUND 0.47 BILLION EUROS IN SEPTEMBER Source text: https://tinyurl.com/mr4987a4 (Gdansk Newsroom)
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Review of BBVA's bid for Sabadell could last until Q1 2025, says Spain minister

UPDATE 1-Review of BBVA's bid for Sabadell could last until Q1 2025, says Spain minister Adds details and quotes from Cuerpo, paragraph 4 onwards MADRID, Oct 11 (Reuters) - The review of BBVA's BBVA.MC hostile takeover bid for smaller lender Sabadell SABE.MC could last well into the first quarter of 2025 if the competition authorities require a more in-depth analysis, Spanish economy minister Carlos Cuerpo said on Friday.
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BBVA bid for Sabadell could last until Q1 2025 if in depth-review required-Economy minister

BBVA bid for Sabadell could last until Q1 2025 if in depth-review required-Economy minister MADRID, Oct 11 (Reuters) - Spain's Economy minister Carlos Cuerpo said on Friday it was too early to say if the competition authorities would review BBVA's BBVA.MC takeover bid for Sabadell SABE.MC in phase 1 or would require a more in-depth phase 2 analysis, which would extend the process well into the first quarter of 2025. "The CNMC itself has to decide, if it goes to phase 2, we are talking about a sc
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Financial Times - Oct 11

PRESS DIGEST-Financial Times - Oct 11 Oct 11 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Ex-Darktrace head Poppy Gustafsson named UK investment minister - Rachel Reeves weighs capital gains tax hike to help plug UK's budget gap - TSB fined 11 mln stg for mistreating customers — including a dead one - Stellantis unveils management shake-up at global car brands Overview - Britain o
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Britain's TSB bank fined for unfair treatment of customers

UPDATE 1-Britain's TSB bank fined for unfair treatment of customers Adds TSB comment in paragraphs 7 and 8 LONDON, Oct 10 (Reuters) - Britain's TSB bank SABE.MC has been fined 10.9 million pounds ($14.25 million) for failing to ensure customers in arrears were treated fairly, the markets watchdog said on Thursday. The bank, which has paid 99.9 million pounds in redress to 232,849 mortgage, overdraft, credit card and loan customers affected, also lacked suitable systems and controls to secure fai
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Britain's TSB bank fined for unfair treatment of customers

Britain's TSB bank fined for unfair treatment of customers LONDON, Oct 10 (Reuters) - Britain's TSB bank SABE.MC has been fined 10.9 million pounds ($14.25 million) for failing to ensure customers in arrears were treated fairly, the markets watchdog said on Thursday. The bank, which has paid 99.9 million pounds in redress to 232,849 mortgage, overdraft, credit card and loan customers affected, also lacked suitable systems and controls to secure fair outcomes, the Financial Conduct Authority said
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Sabadell Plans Risk Transfer Linked To $1.3 Bln Loans - Bloomberg News

BRIEF-Sabadell Plans Risk Transfer Linked To $1.3 Bln Loans - Bloomberg News Oct 9 (Reuters) - SABADELL PLANS RISK TRANSFER LINKED TO $1.3 BILLION LOANS - BLOOMBERG NEWS Source : https://tinyurl.com/2by36ws3 Further company coverage: SABE.MC
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Ares Management, Deutz, BBVA, Leonardo, Honeywell and EssilorLuxottica Oct 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: * * Cerebras Systems is likely to postpone its IPO, after facing delays with a U.S. national security review on UAE-based tech conglomerate G42's minority investment in the AI chipmaker, people familiar with the matter said.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Deutz, BBVA, Leonardo, EssilorLuxottica; Updates: Honeywell, Ares Oct 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1515 GMT on Tuesday: * * German engine manufacturer Deutz DEZG.DE aims to make further acquisitions, with an eye on companies in the service sector with revenues of between 10 million and 40 million euros ($11-$44 million), Chief Executive Sebastian Schulte told Reuters on Tuesday.
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Spain's CNMV to study competition review before BBVA/Sabadell decision

UPDATE 2-Spain's CNMV to study competition review before BBVA/Sabadell decision To ensure Sabadell investors can decide in an informed manner Investors may need more info if tough antitrust conditions set BBVA's hostile bid for Sabadell opposed by Spanish government Adds more quotes By Jesús Aguado MADRID, Oct 8 (Reuters) - Spain's stock market supervisor CNMV will analyse a competition review of banking group BBVA's BBVA.MC bid for smaller rival Sabadell SABE.MC before deciding when it might g
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CNMV will analyse competition review before deciding on BBVA bid for Sabadell

CNMV will analyse competition review before deciding on BBVA bid for Sabadell MADRID, Oct 8 (Reuters) - Spain's stock market supervisor will analyse how the competition review of BBVA's BBVA.MC takeover bid for smaller rival Sabadell SABE.MC evolves before deciding on the timing of the prospectus' potential approval and the start of the acceptance period, its head said on Tuesday.
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Spanish stocks - Factors to watch on Oct 4

Spanish stocks - Factors to watch on Oct 4 Oct 4 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Fri day . Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: IBERDROLA IBE.MC Iberdrola's Avangrid said on Thursday it won a $450 million federal capacity contract for Maine Transmission project.
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Sabadell CEO says 2024 full-year profit could top 1.6 bln euros

Sabadell CEO says 2024 full-year profit could top 1.6 bln euros MADRID, Oct 3 (Reuters) - The CEO of Spain's Sabadell SABE.MC , Cesar Gonzalez-Bueno, on Thursday said the bank could earn more than 1.6 billion euros ($1.76 billion) in net profit in 2024 if it manages to perform as well in the second half of the year as it did in the first. Sabadell is trying to fend off an around 12 billion euro hostile takeover by rival BBVA.
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Mediobanca CEO says conditions not right for cross-border bank M&A in Europe

UPDATE 2-Mediobanca CEO says conditions not right for cross-border bank M&A in Europe Releads with Mediobanca CEO's comments MILAN, Oct 3 (Reuters) - Conditions are not favourable for cross-border banking tie-ups in Europe, the head of Italy's Mediobanca MDBI.MI said on Thursday, adding that a potential acquisition of Commerzbank by UniCredit would not qualify as a cross-border deal.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: British Land, Zayo Group, Fennemore Craig, Altor Oct 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1950 GMT on Wednesday: ** Property firm British Land Co Plc BLND.L said on Wednesday it has acquired a portfolio of seven retail parks from Brookfield Asset Management BAM.TO for 441 million pounds ($585.34 million), increasing its position in the retail park market.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Brembo BRBI.MI has sold its entire 5.6% stake in tyre maker Pirelli PIRC.MI for around 283 million euros ($313 million), a move dampening speculation about a merger between the two Italian groups.
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Eurpoean futures point to tepid start

LIVE MARKETS-Eurpoean futures point to tepid start Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN FUTURES POINT TO TEPID START European futures are pointing to a marginally positive open, but the mood remains tense amid developments in the Middle East.
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BBVA tweaks Sabadell offer to keep $13.4 billion value after dividends

UPDATE 3-BBVA tweaks Sabadell offer to keep $13.4 billion value after dividends Tweaked offer adds cash payment of 0.29 euros per share RBC sees cash component rising, room for 10% improvement Caixabank, Citi see new hit of 7-8 bps to BBVA's capital Spanish government opposes the tie-up Adds no comment from BBVA on brokers' estimates for capital impact in paragraph 7, current valuation of the deal in 13 By Jesús Aguado MADRID, Oct 2 (Reuters) - Spain's BBVA BBVA.MC said on Tuesday it had adjust
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Spanish stocks - Factors to watch on Oct 2

Spanish stocks - Factors to watch on Oct 2 Oct 2(Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: SABADELL SABE.MC , BBVA BBVA.MC Spain's BBVA BBVA.MC on Tuesday said that it adjusted its takeover offer for Sabadell SABE.MC to reflect interim dividend payments by both lenders to shareholders.
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BBVA adjusts offer for Sabadell following dividend payments

BBVA adjusts offer for Sabadell following dividend payments MADRID, Oct 2 (Reuters) - Spain's BBVA BBVA.MC on Tuesday said that it had adjusted its takeover offer for Sabadell SABE.MC to take into account interim dividend payments by both lenders to shareholders. The adjustments, are intended to maintain the economic terms of the offer, originally announced in May, following the dividend payments made by both banks.
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