President Hugo Chavez said Thursday he intends to nationalize the Bank of Venezuela, which is owned by the Santander banking group of Spain.

Spanish banking giant Banco Santander said Monday it has agreed to buy the British mortgage lender Alliance & Leicester PLC in a deal valued at $2.5 billion.Banco Santander, which also owns Britain’s Abbey National Bank, said that under...

RBS-led consortium is climbing step-by-step to ABN Amro. Shareholders in RBS voted overwhelmingly in favor of $97.2bn bid for Amro as 94.5% of RBS shareholders support the deal at an extraordinary meeting in Edinburgh. RBS shareholders...

Royal Bank of Scotland (RBS) has secured $10.4bn (£5.1bn) profit for opening six months of the year. Bank’s operating pre-tax profit, is up 11%, of which $2.04bn (£1bn) is alone coming from its High Street outlets. RBS total...

The battle for the ABN AMRO finds no end, as suitors one after the other come in fray and are forced to contemplate as to who the banking giants would merge with. Initially, RBS-led consortium was seemed the frontrunner, but later...

A consortium led by Royal Bank of Scotland raised the bid for ABN Amro, offered €71.1billion ($95.6billion), topping the Barclays Plc’s an all-share offer of 63.8 billion euros. A group will pay more than €56billion in cash,...

A consortium led by Royal Bank of Scotland raised the bid for ABN Amro, offered €71.1billion ($95.6billion), topping the Barclays Plc’s an all-share offer of 63.8 billion euros. A group will pay more than €56billion in cash, which...