Banco Popular News
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Slovenia, the first former Communist nation in the euro zone, is facing a typically capitalist dilemma: whether to protect creditors of big banks.
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Banco Popular Espanol SA, a Spanish lender forced to sell shares last year to cover a capital shortfall, said first-quarter profit increased 4 percent after asset sales countered a decline in interest income.
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European stocks posted the biggest weekly decline in four months as a proposal to impose a levy on bank deposits in Cyprus sparked concern it would set a precedent for other euro-area economies seeking aid.
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Banco Popular Espanol SA, Spain’s sixth-biggest lender, is focused on opening a branch in Turkey, said Juan Echanojauregui, head of international banking.
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Banco Popular Espanol SA sold senior unsecured bonds for the first time since 2011 as three-year loans from the European Central Bank buoy the region’s lenders.
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European stocks dropped for a third day as Cypriot President Nicos Anastasiades said lawmakers will probably reject a 5.8 billion-euro ($7.5 billion) bank-deposit levy needed to win a European Union-led bailout.
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Banco Popular Espanol SA, the Spanish lender that’s seeking as much as 2.5 billion euros ($3.2 billion) in a share sale, plans to hire at least 10 banks to guarantee the offering, said people with direct knowledge of the talks.
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Banco Popular Espanol SA plans to sell as much as 2.5 billion euros ($3.2 billion) of discounted shares as the Spanish lender bids to close a capital shortfall.
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Banco Popular SA, a Colombian lender, plans to sell as much as 400 billion pesos ($219 million) of bonds in the domestic market on Jan. 25.
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Banco Popular SA, a Colombian lender, sold 400 billion pesos ($226.5 million) of bonds in the domestic market.
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