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Qatar's Greek bank bailout 'a strategic bet'Qatar's decision to inject 500 million euros ($704.3 million) into the newly-formed combination of Eurobank EFG and Alpha Bank, via a mandatory convertible bond, could pay strategic dividends, said experts. Qatar's little-known Par More… |
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Qatar to pump $704m into Greek bank mergerQatar will inject 500 million euros ($704.3 million) into the merger of Greece's Eurobank and Alpha Bank, set to be announced later in the day, a banking official involved in the deal said. "There will be a capital injection from Qatar via More… |
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Leading Greek banks set for mergerGreece's second and third largest banks, Eurobank and Alpha Bank, are set to announce on Monday a merger deal to better cope with a severe sovereign debt crisis and recession, banking sources said. The expected deal, which would creat More… |
