Global Banking Directory
Press Release Distribution Service
Add Bank | Banking Forum | Scam emails!
Advertise Your Business Here
BanksDaily Twitter BanksDaily FaceBook BanksDaily LinkedIn

Financial and Banking News

Banca Nazionale del Lavoro merges with BNP Paribas

BNP Paribas and Banca Nazionale del Lavoro have signed an agreement for the merger of the Italian banking group with BNP Paribas.

The deal will involve reorganizing and integrating Banca Nazionale del Lavoro's businesses within BNP Paribas. Banca Nazionale del Lavoro (BNL) has also signed a contribution deed to transfer its commercial banking operations to a new wholly-owned company.

The operation will be effective from the beginning of October and the company will simultaneously change its name to Banca Nazionale del Lavoro SpA. The company's bonds listed on the Italian electronic bond market are also included in the operation.

The implementation of this transfer and merger is part of the announced restructuring and integration of BNL's businesses with those of BNP Paribas Group. These operations are intended to simplify the structure and organization of BNP Paribas Group businesses in Italy and in all countries where both BNL and BNP Paribas operate.

Date: 03.10.2007 [107]

Financial and Banking News
 Banks may need political help to survive Big Tech

First there was the financial crisis of 2008. Then years of negative interest rates. Now, banks face what one financial regulator calls the "real game changer." 09.12.2019 | Source: Bloomberg

 Trump blasts Bitcoin, Libra, demands they face banking regulations

U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank." 11.07.2019 | Source: Reuters

 25th World Islamic Banking Conference announces 4th series of WIBC Leaderboard

Top performing Islamic Financial Institutions from Bahrain, Egypt, Indonesia, Jordan, Kuwait, Malaysia, Oman, Pakistan, Turkey, UAE and Saudi Arabia are vying for the WIBC Awards recognizing the Best Performing Banks at the Global and Regional level. 28.10.2018 | Source: MEGA

 Financial technologies are need of the hour for Banks in India

The Indian FinTech space is expected to reach $2.4 billion by 2020 and 2018 will be a critical year in that journey because 52 % of India's digitally active consumers are adopting FinTech and are the driving force for new technology adoptions. 02.03.2018 | Source: Explore Exhibitions and Conference

 International Banking Exhibition and Conference will be held in Baku

"Digital Banking and Security" titled International Banking Exhibition & Conference will be held in Baku on 17-18 of April, 2018 by FA International Trade Events. 07.02.2018 | Source: FA International Trade Events

 📰 News Archive

2007-2020 © | Rus