PNB likely to gain control over 2-3 state-run banks

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Source: Dukascopy Bank SA
The Indian Punjab National Bank is likely to gain control over two or three state-run banks, which could include Allahabad Bank, Andhra Bank and Oriental Bank Of Commerce, according to Reuters.
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Tue, 21 May 2019 14:30:56 GMT

Norges Bank acquires UK's Metro Bank

Norwegian sovereign wealth fund, Norges Bank, acquired a stake of 3.10% in Britain's Metro Bank, after the UK lender attracted $476.10M to boost its balance sheet.

Tue, 21 May 2019 12:23:00 GMT

Majestic Wine's retail business lures suitors

On Tuesday, Majestic Wine stated that its retail business was attracting many suitors, following the UK specialist wine company's announcement made a month ago about its intention to sell the arm to focus online.

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