VeloBank SA, a Polish lender backed by Cerberus Capital Management LP, is accelerating its expansion plans following its acquisition of Citigroup Inc.'s $C retail banking operations in Poland. The mov...

Telefonica SA $TEF, the Spanish telecommunications giant, has tasked Citigroup $C with managing the sale of its Chilean subsidiary, Telefonica Chile SA. This move follows the company's ongoing efforts...

This week, financial news reported that Spanish lender Banco Santander SA $SAN has declined an acquisition proposal from NatWest Group Plc $NWG for its UK retail banking operation. The deal, initially...

In the world of financial transactions and strategic alliances, significant news has emerged: Austrian bank Erste Group Bank AG $EBS.VI has agreed to acquire major operations of Spanish lender Banco S...

Erste Group Bank AG $EBS.VI, Austria's largest lender, is in negotiations with Spanish banking giant Banco Santander SA $SAN for a significant stake in its Polish division. This acquisition could mark...

In early 2025, a significant development took place in the European financial sector — Spanish bank Banco Santander SA $SAN surpassed Swiss banking giant UBS Group AG $UBS in terms of market capitaliz...