PNC – America’s largest regional bank after the acquisition of BBVA U.S.

Introduction: BBVA has reached an agreement for the sale to PNC Financial Services Group of 100% of the capital stock of its subsidiary BBVA USA Bancshares. The transaction is considered the largest US banking acquisition since the 2008 financial crisis and will allow PNC to become America’s largest regional bank. The deal (approved by both … Continue reading PNC – America’s largest regional bank after the acquisition of BBVA U.S.

The deal that sets the foundation for a pan-European market

Introduction Euronext pulled off a €4,325 billion offer to the London Stock Exchange for the acquisition of Borsa Italiana group, which will count for an important proportion (34%) of the new group’s total revenues. The offer made with the strong support from Cassa Depositi e Prestiti through CDP Equity and Intesa Sanpaolo beat the competition … Continue reading The deal that sets the foundation for a pan-European market

Intesa finds agreement to acquire UBI to create the largest Italian Banking Group

Introduction Intesa Sanpaolo SpA pulled off one of the biggest banking merger in Europe after the great financial crisis. The Intesa Sanpaolo’s takeover of UBI Banca has totally reshaped the Italian market, possibly giving life to a long-term consolidation of the country’s fragmented financial industry. Intesa Sanpaolo-UBI is an all stock deal; more than 90% … Continue reading Intesa finds agreement to acquire UBI to create the largest Italian Banking Group

Morgan Stanley, the expansion in the trading market: E*TRADE acquisition

Introduction Wall Street Investment bank Morgan Stanley announced, on Feb 20th2020, the acquisition of E*TRADE for $13 billion – the biggest acquisition of a U.S. bank since the tough financial crisis of 2008. Certainly, Morgan Stanley will incredibly enhance client experience, but most importantly the company will have access to E*TRADE’s $56 billion in cash … Continue reading Morgan Stanley, the expansion in the trading market: E*TRADE acquisition

Morgan Stanley steps up its game for the Wealth Management war

On February 11th, 2019 Morgan Stanley acquired Solium Capital, a large equity plan administrator, for $900m, a 40% premium over the recent trading price. This is the biggest acquisition in a decade for the Wall Street giant and likely the first of many more deals to enlarge its wealth management business in the next decade. … Continue reading Morgan Stanley steps up its game for the Wealth Management war

Invesco joins the trillion dollar club

Companies Overview Invesco Ltd. Invesco Ltd. is an American independent investment management company headquartered in Atlanta, United States, and listed on the NYSE. The firm was originally incorporated under the laws of England and Wales as H. Lotery and Co. Ltd in 1935 and in late 1950s launched its first mutual funds in North America. … Continue reading Invesco joins the trillion dollar club

The DWS IPO – Crying for Cryan

Deutsche Bank or the art of tripping over coffee tables Deutsche Bank AG is a German financial giant, founded in 1870 and headquartered in Frankfurt. It operates with more than 100,000 employees in over 70 countries and has been trying for a long time to become a global investment banking powerhouse of proportions similar to … Continue reading The DWS IPO – Crying for Cryan