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Santander

Austria: Difficult Market Situation for Selling Bawag

The selling of Bawag PSK proves difficult for its owner which is why an IPO is considered a realistic phasing-out scenario. However, experts doubt that an IPO will be a “highflyer”.

April 24, 2014

Poland: BZ WBK to Take Over Santander Consumer Bank

Bank BZ WBK was given the go-ahead by the Financial Market Regulator KNF to acquire a 60 percent stake in retail bank Santander Consumer Bank (SCB) from their joint parent bank Banco Santander.

April 9, 2014

Bawag: Losses for Cerberus Running into Billions

There are persistent rumors that the U.S. investor may leave the Austrian bank. For Cerberus, Bawag is a disaster.

February 11, 2014

Santander on Circulated Sales Talks: „No Comment“

As reported by Vindobona, Spanish Banco Santander is said to be interest in taking over the fifth largest Austrian lender Bawag. Bawag´s management remains silent on this matter.

February 4, 2014

Santander Interested in Bawag?

The Spanish Banco Santander is said to be interested in Bawag, the German daily “Handelsblatt” reports.

February 3, 2014

Vienna Insurance Group Has Its Own Funds to Buy the Polish Insurer Warta

Guenter Geyer, the head of the Austrian insurance company quoted by the Polish daily Gazeta Prawna confirmed the interest in an auction of the Warta Insurance and Reinsurance Company.

October 13, 2011

Santander Close to Become a Leading Player in Poland

According to the Polish daily Rzeczpospolita, Santander, the Euro zone’s top lender, made a binding offer for Polish Kredyt Bank.

October 11, 2011