MONETA Money Bank reaches $1.2 billion deal for PPF’s Air Bank

MONETA Money Bank reaches $1.2 billion deal for PPF's Air Bank

PRAGUE, Nov 18 (Reuters) – Czech lender MONETA Money Bank agreed a re-worked 25.9 billion crown ($1.16 billion) deal to buy the Air Bank group of companies from PPF, its largest shareholder, reviving a bid that other shareholders had rejected earlier this year.PPF, the investment group started by late Czech billionaire Petr Kellner, is making … Read more

NatWest Q3 profit triples despite money laundering charge

NatWest Q3 profit triples despite money laundering charge

People maintain social distance while they queue outside a Natwest bank in Wimbledon, following the outbreak of the coronavirus disease (COVID-19), London, Britain, May 1, 2020. REUTERS/Hannah McKayLONDON, Oct 29 (Reuters) – NatWest (NWG.L) reported its third quarter profits tripled on Friday, despite setting aside cash to prepare for an expected fine for money laundering … Read more