trending Market Intelligence /marketintelligence/en/news-insights/trending/LUbx4nt6p93TKBjpOBK1DQ2 content esgSubNav
In This List

Portugal's Banco BPI absorbs 2 units

Blog

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Blog

Insight Weekly: US recession outlook; mortgage activity slowdown; climate disclosure push


Portugal's Banco BPI absorbs 2 units

Portugal-based Banco BPI SA has completed its merger by incorporation with subsidiaries Banco Português de Investimento SA and BPI Private Equity – Sociedade de Capital de Risco SA.

The effects of the merger and the consequent extinction of Banco Português de Investimento and BPI Private Equity are effective July 31, subject to confirmation of the transaction's registration in the commercial registry.

The merger, which was first announced in October 2018, is aimed at simplifying Banco BPI's group structure.

Spain's CaixaBank SA owns Banco BPI.