BBVA: towards a joint venture in insurance?
(CercleFinance.com) - The BBVA stock was up 0.
4% at lunchtime in Madrid, with the Basque banking group apparently looking for a partner to form a joint venture in insurance, Aurel BGC says, quoting the Spanish media, Expansion.
The broker says that the institution has mandated Bank of America to find a partner with which it could work in different markets, with the deal potentially worth between 1.5 billion and 2 billion euros.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
4% at lunchtime in Madrid, with the Basque banking group apparently looking for a partner to form a joint venture in insurance, Aurel BGC says, quoting the Spanish media, Expansion.
The broker says that the institution has mandated Bank of America to find a partner with which it could work in different markets, with the deal potentially worth between 1.5 billion and 2 billion euros.
Copyright (c) 2018 CercleFinance.com. All rights reserved.