Spain’s Bankia Close to Selling Florida Bank to Chile’s BCI – SourcesComments OffSpain’s Bankia SA (BKIA.MC) is close to selling City National Bank of Florida to Chilean bank Banco de Credito e Inversiones SA (BCI.SN) for close to $900 million, according to people familiar with the situation. |
Commerzbank CEO to Buy Shares Worth EUR170,000Comments OffCommerzbank AG (CBK.XE) Chief Executive Martin Blessing, who will fully participate in the bank’s capital increase that is under way, will buy new shares worth about EUR170,000, according to a Dow Jones Newswires calculation. |
LONDON MARKETS: U.K. Stocks Slide As Miners, Banks DeclineComments OffU.K.’s FTSE 100 index dropped on Friday, with mining firms adding pressure as metals prices turned south and with banks extending the prior day’s losses. |
EUROPE MARKETS: Europe Stocks End Choppy Week 1.7% LowerComments OffEuropean stock markets added to the prior day’s sharp losses Friday, tracking stocks lower in the U.S., with better-than-expected economic data failing to offset concerns about a possible end to the U.S. stimulus program. |
TECH STOCKS: Salesforce.com, Google Hit Tech StocksComments OffA sharp drop at Salesforce.com sparked a slump across the stocks of other corporate software vendors on Friday and led the broader tech sector into the red. |
