Markets news on stocks, currencies and oil; Italy’s Intesa Sanpaolo said today it is reviewing the books of Bank Zachodni WBK and the head of the Polish bank said there had been four meetings with potential buyers discussing the sale of Allied Irish Bank’s stake.
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- Spanish banking giant Banco Santander to buy Allied Irish Banks’ 70% stake in Bank Zachodni WBK – - Poland’s 5th biggest bank
- Markets News Afternoon: CRH’s Polish unit fined €25.6m; Irish labour disputes soar; Central Bank to add senior staff; US set to lose on bailouts of insurance and car firms
- Markets News Afternoon: German manufacturing orders fell in December; Spain’s biggest banking group Santander seeks full control of AIB’s Polish bank
- Markets News Afternoon: AIB says Irish Government likely to take stake of 17% prior to €7.4bn recapitalisation; IMF chief says Greece may need €120bn in aid over 3 years
- Markets News Afternoon: AIB EGM to approve disposal of stake in US bank M&T; European Commission begins investigation of EBS building society’s restructuring plan