G roupe BPCE agreed to buy Novo Banco from majority owner Lone Star in the latest cross-border European banking deal, which values the Portuguese lender at 6.4 billion euros ($7.41 billion).

France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake held by U.S. private equity firm Lone Star, BPCE and Lone Star said on ...

LISBON/PARIS (Reuters) -France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake held by U.S. private equity firm Lone Star, BPCE ...

Italy's Generali and France's BPCE said on Tuesday they had taken the first step towards creating Europe's largest asset manager by revenue as the industry bets on size to protect profit margins.

BPCE’s executive managers and employees are all particularly enthusiastic about the prospect of welcoming novobanco, its management and its 4,200 employees, in order to write a new chapter of ...

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Groupe BPCE's CET1 1 ratio at the end of March 2024 reached an estimated level of 15.6% 1, stable over the quarter. This level is explained by the following impacts: Retained earnings: +19bps, ...

Paris, February 12, 2019 Full-Year 2018 Results of GROUPE BPCE 2018 reported net banking income up 1.2% to €24bn 2018 reported net income stable at €3bn (underlying net income up 3.7% 1 to € ...

BPCE has been working with advisers to study a range of possibilities for the asset manager, the people said. It’s open to selling a majority stake though could also opt to divest a minority ...

PARIS -- Natixis SA posted a narrower second-quarter net loss and said Wednesday its parent bank, BPCE, will guarantee around €35 billion ($50.1 billion) of its riskiest assets, allowing the ...

Retaining ownership of their respective assets, Generali and BPCE-owned Natixis Investment Managers will hand over their management to a new Dutch entity, of which they each own 50%, ...