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UniCredit and Alpha Bank want to create the third largest bank by assets in our country

Alpha Bank will own 9.9% of the new entity, and will receive a consideration of around 300 million euros in cash Last year UniCredit was the seventh bank in the system by the value of assets, with a share of 8.6%; Alpha Bank was in ninth position, with a share of 3%, according to the BNRAlpha Bank and UniCredit have agreed the main financial conditions for the merger between their subsidiaries in our country, an operation that will lead to the creation of the third bank in Romania in terms of assets, with a combined market share of 12%, according to yesterday's announcement of the two financial groups. ....

Romania , Bucharest , Bucuresti , Greece , Italy , Italian , Greek , Andrea-orcel , Banca-transilvana , Alphalife-insurance-company , Hellenic-financial-stability-fund , Reuters

Wells Fargo has thinnest TLAC headroom globally

Bail-in funds sat 8% above required amount at end-June, smallest gap among the 25 banks subject to the standard ....

Wells-fargo , Risk-quantum , San-francisco-based , Bank-of-america , Bny-mellon , State-street , Citi , Wells-fargo , Jp-morgan , Morgan-stanley , Goldman-sachs

Share of op risk modelling falls at European banks

Less than half of analysed dealers rely on the AMA, as introduction of new standardised approach looms large ....

Basel-committee-on-banking-supervision-bcbs , Eserve-bank-of-india-rbi- , Pbva , Ommerzbank , Abn-amro , Banco-sabadell , Bnp-paribas , Caixabank , Crédit-agricole , Crédit-mutuel , Danske-bank