Friday, April 3, 2015

Bop Apollo and Fosun continue in the race to the New Bank – Digital Journal


The American group Apollo and the Chinese Fosun, as well as BPI and Santander are part of the new list. The other entity is still unknown and may be a “equity fund” or the Chinese group Anbang Insurance Group.

The decision to reduce the number of entities chosen for the new phase is justified by the possible penalty of normal activity New bank with the exchange of data with too many stakeholders. The two unsuccessful candidates now have ten days to challenge the decision

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