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Goldman, Deutsche Bank to Buy National Bank's Buyout Firm

The private-equity units of Goldman Sachs Group Inc. and Deutsche Bank AG are reaching an agreement to purchase the buyout arm of National Bank of...

National Bank Completes 2.5 Billion Share Sale

The National Bank of Greece (NBG) announced on Friday it had successfully completed its equity offering, with its new shares priced at 2.2 euros each as the...

National Bank Plans 2,000 Voluntary Job Cuts

The National Bank of Greece, following the lead of Piraeus Bank, said it's going to reduce its workforce through the voluntary departures of 2,000 employees...

Troika Nixes National Bank-Eurobank Merger

After not opposing a merger of Greece's National Bank with Eurobank, the country's internatonal lenders now have asked for it to be stopped, fearing...

National Bank of Greece, Eurobank Said to Be in Talks to Merge

Greek stock market authorities have temporarily suspended trading in the country's two biggest banks following press reports that they are in merger talks. Shortly before...

National Bank of Greece Chairman Rapanos Resigns

The chairman of National Bank of Greece SA (NBG, ETE.AT), Vassilis Rapanos, resigned from his post Wednesday, citing health issues, according to a letter...

National Bank Raises 1 bn Euros

Greece's leading lender National Bank said Monday that it has increased its capital by one billion euros, boosting its defences ahead of a controversial...

Greek National Bank Celebrates its 170th Anniversary

An exhibition will be held, marking 170 years of the National Bank of Greece, and presenting the history of the first financial and credit...

Eurobank Close to Merger with National Bank of Greece

Rumours say that Eurobank is close to a merger with The National Bank of Greece. According to Axia newspaper, the merger is very close to...

UniCredit: National Bank-Alpha Merger More Unlikely

A merger between National Bank of Greece and Alpha Bank looks now unlikely, says UniCredit, and “the ideal merger scenario is unlikely to happen...