News

Novo Banco Shareholders to Vote on Steps for €1 Billion IPO
Novo Banco SA shareholders will meet on Wednesday to vote on steps needed for a possible initial public offering of the ...
Novo Banco's shareholders change bylaws for possible IPO, sources say
Shareholders of Portugal's Novo Banco on Wednesday approved key changes to its bylaws that would allow the lender to go ahead ...
The Banker4d
BPCE, CaixaBank bid for Novo Banco as IPO decision nears; Switzerland proposes $26bn capital increase for UBS
The Swiss government on Friday announced plans to tighten capital requirements for UBS, proposing that the bank hold up to $26bn in additional core capital following its state-backed rescue of Credit ...
The Corner2d
Caixabank formally offers to buy Novo Banco, despite Portuguese government’s ‘displeasure’
US fund Lone Star, which owns 75% of Novo Banco, formally received takeover offers from both Caixabank and French banking ...