Steven Arons
Team Leader, EU Finance at Bloomberg News
Team leader EU Finance at Bloomberg News but views my own. Retweets not endorsements. I block accounts that use inappropriate language. he/him
Articles
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2 weeks ago |
bloomberg.com | Steven Arons |Sonia Sirletti
(Bloomberg) -- The wave of bank acquisitions washing over Southern Europe has reached Portugal. On Friday, Lone Star agreed to sell its 75% stake in the country’s fourth-largest lender, Novo Banco SA, to the French banking group BPCE SA in what would be the biggest euro area cross-border takeover in the sector in a decade. Dealmaking in the region kicked off a little over a year ago in Spain when BBVA SA made an unsolicited offer for domestic rival Banco Sabadell SA.
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2 weeks ago |
news.bloomberglaw.com | Noele Illien |Steven Arons
Newly-proposed rules on how to value deferred tax assets will likely be introduced gradually, UBS Group AGChief Financial Officer Todd Tuckner said, in a step that would delay their impact on the bank’s capital requirements. “It is reasonable to assume that there will be a phase-in period,” Tuckner said Wednesday at an investor conference hosted by Goldman Sachs, referring to capital deductions for DTAs and software.
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2 weeks ago |
bloomberg.com | Noele Illien |Steven Arons
A UBS Group bank branch in Zurich. Photographer: Pascal Mora/Bloomberg(Bloomberg) -- Newly-proposed rules on how to value deferred tax assets will likely be introduced gradually, UBS Group AG Chief Financial Officer Todd Tuckner said, in a step that would delay their impact on the bank’s capital requirements.
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3 weeks ago |
news.bloomberglaw.com | Steven Arons
UBS Group AG said it will carry out its plans to make payouts to shareholders this year as previously announced after the Swiss government published proposals for a reform of banking laws. It said it will update on its “2026 capital returns ambitions” when it discloses fourth-quarter results, it said in a statement on Friday. That event is slated to happen early next year.
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3 weeks ago |
news.bloombergtax.com | Steven Arons
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Greece sells third bank stake in less than two months as part of a drive to get rid of all bank holdings by the end of 2025 via @PaulTugwell1 @Luleni https://t.co/c9xudORSsO https://t.co/vZjTb4mJHW
RT @aspeciale: The complex setup of the Signa real estate empire may complicate efforts to hammer out a rescue plan https://t.co/C6HM6ZTg…
The vast majority of people with African descent in Germany say they have been victims of racial discrimination, according to EU report It's the highest level among the included countries and it has jumped almost half since the last survey https://t.co/2iowxwzyaq https://t.co/JTqQgMeEkJ