All entries in the Finance / Insurance sector, newest first. tag:eurotrack.ai,2026:en:en/sectors/finance-insurance 2026-10-30T06:00:00Z Eurotrack tag:eurotrack.ai,2026:a4694d26:en 2026-10-30T06:00:00Z

Single-source report: according to the Italian newspaper Il Domani, Czech entrepreneur Michal Strnad, head of defence group CSG, offered in a letter dated 20 October 2026 to buy the Del Vecchio family's Delfin holding for €30bn. Delfin is a major shareholder in EssilorLuxottica; the eight heirs, who own the holding in equal parts, are increasingly divided. The offer has not been confirmed (Zonebourse citing Il Domani, 30 October 2026). — Source: https://www.tradingsat.com/essilorluxottica-FR0000121667/actualites/essilorluxottica-un-milliardaire-tcheque-proposerait-30-milliards-d-euros-pour-delfin-1172822.html

tag:eurotrack.ai,2026:20239c12:en 2026-10-28T06:00:00Z

Danish insurer Alm. Brand announces a round of dismissals alongside its quarterly results: 55 employees lose their jobs and a further 30 positions are removed. Its insurance technical result reached DKK 755m in Q3 (prior year DKK 535m). (Børsen, 28.10.2026) — Source: https://borsen.dk/nyheder/finans/alm-brand-topchef-fyrer-trods-rekordregnskab-vi-har-haft-en-rimelig-heldig-hand

tag:eurotrack.ai,2026:332f8e03:en 2026-10-23T06:00:00Z

Generali Deutschland plans to remove roles equivalent to 800 jobs by the end of 2030 and give up its Aachen, Nuremberg and Stuttgart sites (250 staff in Stuttgart) in favour of Cologne, Munich and Karlsruhe. The reduction is to come through attrition, retirement and voluntary schemes; according to Stuttgarter Zeitung a job guarantee without compulsory redundancies applies until 2030. Talks with the group works council are under way (Börsen-Zeitung, 23 October 2026; Stuttgarter Zeitung, 26 October 2026). — Sources: https://www.boersen-zeitung.de/banken-finanzen/generali-deutschland-baut-stellen-ab · https://www.stuttgarter-zeitung.de/wirtschaft/stellenabbau-bei-generali-versicherer-macht-standort-stuttgart-dicht-bundesweit-800-jobs-weg-79613420.html

tag:eurotrack.ai,2026:3d320352:en 2026-10-13T06:00:00Z

The insurer has filed a redundancy notice (varsel) covering 400 positions at Länsförsäkringar AB and its subsidiaries; the 23 regional Länsförsäkringar companies are not affected. It is part of a three-year efficiency programme begun in spring that is meant to cut the cost base by at least SEK 2bn; union talks are under way (Länsförsäkringar, press release via Cision, 13 Oct 2026; Di, 13 Oct 2026). — Sources: https://news.cision.com/se/lansforsakringar/r/lansforsakringar-ab-genomfor-forandringsarbete-for-okad-effektivitet,c4408160 · https://www.di.se/nyheter/lansforsakringar-varslar-400-tjanster-ska-bort/

tag:eurotrack.ai,2026:9c804ea6:en 2026-10-12T06:00:00Z

The subsidiary of Spotlight-listed Tessin Nordic Holding has decided to file for bankruptcy at Stockholm District Court because it cannot pay a tax debt falling due. The CEO cites long-running cost cuts that came too late in a still difficult property-finance market; the company will update on the parent's future later. No headcount is given (Tessin Nordic Holding, press release via Cision, 12 Oct 2026). — Source: https://news.cision.com/se/tessin-nordic-holding-ab/r/tessins-dotterbolag-tessin-nordic-ab-ansoker-om-konkurs,c4407818

tag:eurotrack.ai,2026:f35993c8:en 2026-10-08T06:00:00Z

CapMan Real Estate, through CapMan Nordic Real Estate IV, is buying the Copenhagen Hotel Scandic Webers (152 rooms, about 7,400 sq m) from Jeudan together with AP Pension in a 50/50 joint venture; the price is not disclosed. A comprehensive renovation is planned with operator Scandic, and final closing still awaits EU approval of the merger of AP Pension and CapMan (CapMan, press release, 8 Oct 2026). — Source: https://news.cision.com/dk/capman-oyj/r/capman-real-estate-og-ap-pension-kober-hotel-scandic-webers-i-et-joint-venture,c4405674

tag:eurotrack.ai,2026:8ab5e2be:en 2026-10-07T06:00:00Z

SpareBank 1 Gruppen and the Kredinorstiftelsen foundation are selling the Norwegian debt collection and credit management firm Kredinor to a consortium led by Searchlight Capital Partners together with Fitzroy Capital, under a definitive agreement. The sale follows a strategic review of the company. No price was given; completion is subject to customary regulatory approvals and is expected in January 2027, with the current ownership remaining in place until then (Kredinor, Oslo Børs filing, 7 Oct 2026). — Source: https://newsweb.oslobors.no/message/683675

tag:eurotrack.ai,2026:8ebb0bac:en 2026-10-05T06:00:00Z

Frankfurt-based asset manager DWS is acquiring all shares in Zug-based real estate investment manager Peakside, which specialises in value-add and opportunistic investments in Germany and Central and Eastern Europe, manages about €1.7bn and has some 45 staff in Frankfurt, Zug, Warsaw, Prague, Munich and Luxembourg. The sellers are the shareholders around founders Stefan Aumann and Boris Schran, who are staying on; no price was disclosed, and closing is planned by the end of 2026, subject to regulatory approval (finews.ch, 5 Oct 2026). — Source: https://www.finews.ch/news/finanzplatz/73833-dws-uebernimmt-den-zuger-immobilien-asset-manager-peakside-capital-advisors-deutschland-mittel-und-osteuropa-gruender-bleiben-an-bord

tag:eurotrack.ai,2026:08d6ff2c:en 2026-10-05T06:00:00Z

Finnish financial group OP Pohjola is opening two rounds of change negotiations (muutosneuvottelut): up to 385 roles could go at insurer Pohjola Vakuutus, which has about 1,840 staff, and up to 169 in the central cooperative's retail banking operations, which employ about 500. At the same time OP plans about 277 new positions (237 and roughly 40 respectively), to be offered first to those affected; talks begin on 6 and 12 October 2026 and will last at least three weeks (OP Pohjola, 5 Oct 2026; second source: Yle, 5 Oct 2026). — Sources: https://news.cision.com/fi/op-pohjola/r/op-pohjola-suunnittelee-uudistavansa-pohjola-vakuutuksen-organisaatiota-seka-keskusyhteison-vahittai,c4404518 · https://yle.fi/a/74-20249863

tag:eurotrack.ai,2026:aa25deb2:en 2026-09-29T06:00:00Z

PPI Public Property Invest is offering shareholders of Spotlight-listed property company Preservium Property SEK 69 a share, about SEK 320m in total; payment is mainly in new PPI shares, with a cash option. Preservium owns two archive properties in Täby and Flemingsberg; major shareholder SBB (about 35%) views the offer positively without committing to accept. The acceptance period is due to run from 06.11. to 07.12.2026 (PPI via MFN/Inderes, 29.09.2026). — Source: https://www.inderes.fi/en/releases/ppi-public-property-invest-ab-publ-announces-a-public-offer-to-the-shareholders-of-preservium-property-ab

tag:eurotrack.ai,2026:d4327c53:en 2026-09-29T06:00:00Z

On the same day as the Preservium bid, PPI announced two separate offers to shareholders of Origa Care (EUR 9 a share) and One Publicus Fastighets (SEK 110 a share). Origa Care holds 13 community properties in Finland and One Publicus three in Sweden; PPI already owns about 1% and about 36% respectively. Consideration is 70% new PPI shares and 30% cash, at most SEK 442m in total (PPI via Inderes, 29.09.2026). — Source: https://www.inderes.fi/en/releases/ppi-intends-to-submit-two-separate-and-independent-offers-to-the-shareholders-of-origa-care-ab-and-one-publicus-fastighets-ab

tag:eurotrack.ai,2026:de2bb0be:en 2026-09-28T06:00:00Z

Singapore state investor Temasek has bought 9% of the management company of Milan-based private equity group FSI, which manages about €5bn and invests in mid-sized Italian companies. Temasek is also committing capital to future FSI funds; terms were not disclosed. Temasek has been an investor in FSI funds since 2018 (Reuters via The Star, 28.09.2026; Private Equity Wire, 29.09.2026). — Source: https://www.thestar.com.my/business/business-news/2026/09/28/temasek-buys-9-stake-in-italy039s-fsi-commits-to-future-funds

tag:eurotrack.ai,2026:e6594733:en 2026-09-23T06:00:00Z

London-based insurance and pensions group Legal & General told staff on 23 Sep 2026, in an email from CEO António Simões, that around 1,000 jobs will go by mid-2027 – roughly a tenth of its workforce of about 10,000, most of whom are in the UK. The process starts with voluntary departures, but compulsory redundancies are not ruled out depending on take-up; the company says its structures have become more complex than necessary over the years (Personnel Today, 24 Sep 2026; first reported by Bloomberg). — Source: https://www.personneltoday.com/hr/legal-general-to-cut-1000-roles-by-mid-2027/

tag:eurotrack.ai,2026:feaa77d9:en 2026-09-21T06:00:00Z

Norway's Public Property Invest (PPI) is acquiring six social-infrastructure properties totalling around 63,400 sqm from Sweden's SBB — among them a care home in Stockholm, a police station outside Helsinki and a Karlskrona project let to Saab on a ten-year lease; expected annual net operating income on completion is SEK 76 million. The underlying property value is about SEK 1.35 billion (a discount of roughly 3 %), with a net purchase price of some SEK 1.26 billion after deducting outstanding project costs: SBB receives around SEK 250 million in cash and about SEK 1.01 billion in just over 39.4 million newly issued PPI shares, lifting SBB's stake in PPI from about 41 % to 43 %. Completion is subject to resolutions by extraordinary general meetings of both companies and is expected in the fourth quarter of 2026 (Placera, 21 Sept 2026). — Source: https://www.placera.se/nyheter/sbb-saljer-fastigheter-for-135-miljarder--okar-agandet-i-ppi-2026-09-21

tag:eurotrack.ai,2026:b9157402:en 2026-09-18T06:00:00Z

French life insurer CNP Assurances, a subsidiary of state-backed La Banque Postale, is exploring a takeover of credit insurer Coface and is working on an offer, according to a Bloomberg report dated 18 September 2026. Coface shares rose 8.9% in Paris that day, valuing the company at around €2.6bn; no price or timetable was disclosed. For a deal to succeed, CNP would need to win over Coface's largest shareholder Arch Capital Group (29.9%); deliberations are at an early stage according to the people familiar, and other bidders could still emerge. Single-source press report (Bloomberg) — CNP, Coface and Arch Capital declined to comment (source: Bloomberg via Insurance Journal, 21 Sep 2026; Zonebourse via Boursorama, 21 Sep 2026). — Source: https://www.insurancejournal.com/news/international/2026/09/21/886192.htm

tag:eurotrack.ai,2026:9eec4222:en 2026-09-14T06:00:00Z

Wiener Börse AG has acquired an 80% majority stake in Hamburg-based North Data GmbH, a search platform for European company data that aggregates information from more than 160 public sources (registers and EU databases) on some 100 million companies across 26 European countries. The price was not disclosed; the acquisition is intended to strengthen the exchange's off-exchange transparency and data business (Wiener Börse AG, 14 Sep 2026). — Source: https://www.wienerborse.at/news/wiener-boerse-news/wiener-boerse-staerkt-mit-uebernahme-north-data-ausserboersliche-transparenz/

tag:eurotrack.ai,2026:5a15ad78:en 2026-09-11T06:00:00Z

On 11 September 2026 Bitcoin Suisse announced it would cut up to 60 of the 120 jobs at its Zug headquarters (about half of its Swiss workforce) and close its Copenhagen development site, shifting back-office functions to Bratislava and Vietnam as it repositions from a Swiss-focused crypto provider to an international wealth-management firm. Consultation period runs until 20 September 2026 (finews.ch, moneycab.com, 11 Sep 2026). — Source: https://www.finews.ch/news/finanzplatz/73582-bitcoin-suisse-umbau-zug-stellenabbau-ausland-wealth-management

tag:eurotrack.ai,2026:25acc5c1:en 2026-09-10T06:00:00Z

LondonMetric Property and Schroder Real Estate Investment Trust (SREIT) had agreed on 31 July 2026 a recommended all-share offer (0.190 LondonMetric shares and 0.894 SREIT shares per Picton share, around GBP 404 million, a 7% premium) for Guernsey-based UK commercial property fund Picton Property Income. After 95.2% shareholder approval at the court and general meetings on 2 September 2026, the scheme of arrangement became effective on 10 September 2026; settlement is expected by 24 September 2026 at the latest. The July agreement had not been recorded in the tracker. — Source: https://www.investegate.co.uk/announcement/rns/londonmetric-property--lmp/scheme-of-arrangement-becomes-effective/9765569

tag:eurotrack.ai,2026:8e8b27eb:en 2026-09-01T06:00:00Z

On 1 September 2026 Swiss Life announced plans to cut around 600 jobs by end of 2028 (about 300 in Switzerland, the rest at Swiss Life Asset Managers abroad), mostly via natural attrition. CEO Matthias Aellig called it the insurer's first major job reduction since 2009, citing advancing digitalization even as H1 2026 profit rose 8% (Netzwoche/finews, 1–2 Sep 2026). — Source: https://www.netzwoche.ch/news/2026-09-02/swiss-life-begruendet-stellenabbau-mit-digitalisierung

tag:eurotrack.ai,2026:df8029e3:en 2026-08-31T06:00:00Z

PayPal notified Ireland's Department of Enterprise of collective redundancies on 28 August 2026 and confirmed publicly on 31 August 2026 that it will cut 164 jobs in Ireland (about 11.9% of its 1,380 full-time Irish staff) to 'simplify' the organisation. The redundancies are expected to take effect between 7 and 21 October 2026 (TheJournal.ie, 31 August 2026). — Source: https://www.rte.ie/news/business/2026/0831/1589876-paypal-jobs/

tag:eurotrack.ai,2026:0264bf59:en 2026-08-19T06:00:00Z

German reinsurer Munich Re announced on 19 Aug 2026 the acquisition of US cyber insurer At-Bay at an enterprise value of $575 million. At-Bay ranks among the top ten US cyber insurers with $278 million in gross written premiums; closing is expected in Q1 2027 subject to regulatory approvals (Börse Express / Kapitalmarktexperten, 19 Aug 2026). Target is outside continental Europe; the Munich-based acquirer qualifies the deal for inclusion. — Source: https://www.munichre.com/en/company/media-relations/media-information-and-corporate-news/media-information/2026/media-release-2026-08-19.html

tag:eurotrack.ai,2026:73d28299:en 2026-08-13T06:00:00Z

Finnish insurer and asset manager Mandatum agreed on 13 Aug 2026 to buy 78.4% of Cliens Holding, the parent of Stockholm-based asset manager Cliens Kapitalförvaltning, for SEK 705m in cash (about €64m). Cliens managed around SEK 36bn at the end of June 2026, has 26 employees and keeps its own brand; management and staff retain 21.6%. Update (16.10.2026): After clearance from the Swedish financial supervisor and competition authority, Mandatum has completed the purchase (Mandatum, 13 Aug and 16 Oct 2026). — Sources: https://www.mandatum.fi/en/corporation-news/2026/inside-information-mandatum-acquires-swedish-asset-manager-cliens-and-strengthens-its-position-in-nordic-asset-management/ · https://news.cision.com/se/mandatum-oyj/r/mandatum-slutfor-forvarvet-av-cliens,c4409790

tag:eurotrack.ai,2026:691ae0e9:en 2026-07-31T06:00:00Z

Arval, BNP Paribas's leasing arm, definitively completed its acquisition of Dutch fleet manager Athlon on 31 July 2026, two days after the European Commission cleared it on 29 July 2026. The combined fleet grows from around 1.9 million to 2.3 million vehicles, so Athlon contributes roughly 400,000. No purchase price was disclosed. — Source: https://www.automotive-online.nl/management/internationaal/2026/07/31/arval-voltooit-overname-athlon/

tag:eurotrack.ai,2026:0bf5c410:en 2026-07-31T06:00:00Z

On 31 July 2026 French provident and insurance group CARAC acquired a majority stake in the independent wealth management and advisory firm Cedrus & Partners; the management duo Matthieu Broquère and Sébastien Roca remain on board. The combined group says it serves more than 525,000 members and clients with €43bn in assets under management and advice. CARAC mainly gains expertise in private-market investments (private equity, funds of funds); no purchase price was disclosed. — Source: https://www.fusacq.com/buzz/carac-reprend-la-majorite-de-cedrus-partners-a260145

tag:eurotrack.ai,2026:a54c0922:en 2026-07-28T06:00:00Z

Cover Genius, an insurtech specialising in embedded insurance, announced on Tuesday 28 July 2026 that it had acquired the Berlin-based bancassurance platform Friendsurance; the report describes the acquisition as completed. Founded in 2010, Friendsurance is regarded as the originator of peer-to-peer insurance and today mainly operates banking-technology and regulatory infrastructure for bancassurance in the German-speaking market. No purchase price was disclosed. Second source: The Insurer, 28 July 2026 (paywalled). — Source: https://insnerds.com/news/cover-genius-acquires-berlin-based-bancassurance-platform-friendsurance

tag:eurotrack.ai,2026:f60788a6:en 2026-07-16T06:00:00Z

UK insurance and financial services group Howden is acquiring Limerick-based advisory firm Thomond Asset Management (trading name of Folk Asset Management Ltd.), which specialises in financial planning, pensions, investments and estate planning. Nine advisers move to Howden; following Maven Financial Planning (April) and Opes Wealth Trust (May), this is the group's third Irish financial-advisory acquisition of 2026 and its first location in Limerick, taking the Irish financial advisory team past 80 people. No price was disclosed; the deal is subject to approval by the Central Bank of Ireland. — Source: https://www.howdengroup.com/ie-en/howden-acquires-thomond-asset-management

tag:eurotrack.ai,2026:72ecf166:en 2026-07-15T06:00:00Z

Payments firm Stripe (founded by the Irish Collison brothers, dual HQ San Francisco/Dublin) and Advent International reportedly offered $60.50 per share (a 28% premium) for PayPal, per Reuters/CNBC; PayPal stock jumped 17-19%. About $50bn in bank financing is committed; PayPal's board meets from 20 July. Reported stage; second source: CoinDesk. Update 17 July: PayPal's board deems the offer inadequate, per RTE, but leaves the door open to renegotiating price and structure; quarterly results due 28 July. Follow-up: on 20 July 2026 PayPal's board formally rejected the $53bn offer ($60.50 per share) as inadequate and signalled it expects a higher price; Goldman Sachs and Evercore were mandated to review strategic options (per media reports). Outcome (28 August 2026): Stripe and Advent International definitively abandoned their pursuit of PayPal on 28 August 2026. Reported reasons include the valuation ($53bn / $60.50 per share) being seen as too low by PayPal, regulatory hurdles, and financing costs; PayPal never formally responded to the offer. (source: https://www.rte.ie/news/business/2026/0828/1589524-stripe-advent-consortium-said-to-drop-pursuit-of-paypal/) — Source: https://www.cnbc.com/2026/07/15/stripe-advent-offer-to-buy-paypal-for-more-than-53-billion-reuters.html

tag:eurotrack.ai,2026:01840c90:en 2026-07-09T06:00:00Z

KPMG UK is cutting around 200 jobs in Group Corporate Services (about 10 percent of central functions such as HR, marketing, IT and procurement). The background is the integration of the UK and Swiss business as well as offshoring; more than 500 jobs had already been cut in early 2026. — Source: https://www.cityam.com/exclusive-big-four-giant-kpmg-to-cut-more-jobs/

tag:eurotrack.ai,2026:a28dc290:en 2026-06-25T06:00:00Z

Wihlborgs is taking over Castellum's entire portfolio in Malmö, Lund and Helsingborg: 95 properties with about 635,000 m² of lettable space, an underlying property value of SEK 13.3bn and expected 2026 rental value of about SEK 1.13bn at an occupancy rate of 85%. Completion was subject to competition clearance and planned for 01.10.2026 (Wihlborgs, 25.06.2026; second source: Finanstid, 25.06.2026). Update (01.10.2026): After clearance by the Swedish Competition Authority in July, Wihlborgs took possession of the portfolio on 01.10.2026, which the company calls the largest transaction in its history (Wihlborgs, 01.10.2026). — Sources: https://www.wihlborgs.se/en/investor-relations/press-releases/2026/wihlborgs-agrees-to-acquire-castellums-south-sweden-portfolio/ · https://finanstid.se/wihlborgs-koper-castellums-skanebestand-i-miljardaffar · https://news.cision.com/wihlborgs-fastigheter-ab/r/wihlborgs-takes-possession-of-castellum-s-property-portfolio-in-skane,c4402894

tag:eurotrack.ai,2026:4dbbfa19:en 2026-06-01T06:00:00Z

The British neobank is strengthening its Western Europe hub in Paris with an additional €100 mn and 200 more positions by 2030. — Source: https://en.media.businessfrance.fr/news/choose-france-2026-france-confirms-its-ability-to-attract-foreign-investment-c94e6-aba4d-1.html

tag:eurotrack.ai,2026:c8b84ff0:en 2026-04-30T06:00:00Z

Payments firm Ebury is raising about £550m, led by private equity firm Centerbridge; Santander invests £50m and remains majority owner with 55%. Completion is planned in two steps by the first quarter of 2027 at the latest (Santander, 30 April 2026). Update (18 August 2026): the European Commission cleared joint control as case M.12481 (European Commission, Daily News, 18 August 2026). — Sources: https://www.santander.com/es/sala-de-comunicacion/notas-de-prensa/2026/04/ebury-la-fintech-de-pagos-internacionales-de-santander-levanta-550-millones-para-acelerar-su-crecimiento-y-expansion-global · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_1739

tag:eurotrack.ai,2026:8af101cc:en 2026-03-19T06:00:00Z

UniCredit plans to cut 300 to 400 jobs in Germany, predominantly in the IT area, staggered until 2027. The background is the centralisation of IT functions and the relocation of activities to low-wage regions (including Eastern Europe) as part of a digitalisation strategy. The measure coincides with UniCredit's existing position as a major shareholder in Commerzbank and fuels speculation about possible takeover synergies. Banking unions and Commerzbank's works council are watching the developments closely. — Source: https://www.avronline.de/nachrichten/news-views-markets/unicredit-stellenabbau-deutschland-commerzbank/12684/

tag:eurotrack.ai,2026:15f4b3b2:en 2026-03-17T06:00:00Z

Around 600 jobs in the UK and Ireland, about a fifth of the workforce. The background is the car-loan commission scandal with high FCA compensation provisions and a savings programme of £85 mn per year. — Source: https://www.cityam.com/close-brothers-to-axe-fifth-of-jobs-after-motor-finance-wipeout-warning/

tag:eurotrack.ai,2026:f83d73b6:en 2026-02-17T06:00:00Z

Ergo Versicherung, a subsidiary of the reinsurance group Munich Re, is cutting around 1,000 jobs by the end of 2030. The job cuts are part of a savings programme by the parent company Munich Re. Ergo operates in more than 30 countries with around 40,000 employees and is Germany's second-largest insurance group. — Source: https://www.handelszeitung.ch/insurance/munich-re-tochter-ergo-baut-bis-ende-2030-rund-1000-arbeitsplatze-ab-909432

tag:eurotrack.ai,2026:f17a948c:en 2026-02-12T06:00:00Z

US asset manager Nuveen is buying Schroders for £5.90 per share in cash; including permitted dividends of up to 22 pence per share the deal values Schroders at about £9.9bn. The combined group manages nearly US$2.5tn (Yahoo Finance, 12 February 2026). Update (6 July 2026): the European Commission cleared the deal as case M.12392 (European Commission, Daily News, 6 July 2026). Update (1 October 2026): after court sanction Nuveen completed the takeover and Schroders has been delisted (Scottish Financial News, 1 October 2026). — Sources: https://finance.yahoo.com/news/nuveen-enters-9-9bn-deal-114246175.html · https://www.scottishfinancialnews.com/articles/nuveen-completes-ps99bn-schroders-takeover-on-october-1 · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_1521

tag:eurotrack.ai,2026:efed14f4:en 2026-01-27T06:00:00Z

Deutsche Bank and Postbank will close around 100 branches out of an original roughly 750 sites by the end of 2026. The aim is to realign branches toward advice on complex topics such as real estate financing and investment, while standard tasks are increasingly handled digitally. In parallel: staff reductions in the retail banking business through not filling vacant positions. — Source: https://www.msn.com/de-de/finanzen/top-stories/%C3%A4nderung-bei-der-deutschen-bank-100-filialen-werden-2026-geschlossen/ar-AA1UYx1H

tag:eurotrack.ai,2026:cb979ea2:en 2026-01-21T06:00:00Z

Deutsche Börse is offering shareholders of fund distribution platform Allfunds €8.80 per share, mostly in cash and partly in its own shares, about €5.3bn in total (dpa-AFX, 21 January 2026). Update (12 March 2026): Allfunds shareholders approved with more than 99.9%; completion is expected in the first half of 2027 after regulatory approvals (Deutsche Börse, 12 March 2026). — Sources: https://extraetf.com/de/news/dpa-afx/roundup-2-deutsche-borse-will-allfunds-fur-53-milliarden-euro-kaufen--1769028525-08302-1769028524418 · https://cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/newsroom/press-releases/Deutsche-B-rse-Group-s-Recommended-Acquisition-of-Allfunds-Shareholder-Approvals-of-Allfunds-Obtained-5008700

tag:eurotrack.ai,2026:03f27b67:en 2026-01-19T06:00:00Z

Zurich made a public cash proposal for Lloyd's insurer Beazley on 19 January 2026, which the board initially rejected; after improvements the two sides agreed on 1,310 pence per share, about £8.1bn (Insurance Business UK, 20 January 2026). Update (7 July 2026): the European Commission cleared the deal as case M.12434 (European Commission, Daily News, 7 July 2026). Update (1 October 2026): Zurich has completed the takeover (Insurance Business UK, 1 October 2026). — Sources: https://www.insurancebusinessmag.com/uk/news/mergers-acquisitions/beazley-responds-to-zurich-proposal-562441.aspx · https://www.insurancebusinessmag.com/uk/news/mergers-acquisitions/zurich-takes-ownership-of-beazley-as-8-1bn-deal-closes-591921.aspx · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_1549

tag:eurotrack.ai,2026:8ff2e1a3:en 2025-11-27T06:00:00Z

Allianz Partners plans to cut 1,200-1,800 jobs within 12-18 months, primarily in the call centres of its travel insurance business. Reason: replacement by AI automation. This affects almost 13% of the 14,000 customer-service employees, or 8% of Allianz Partners' 22,600 total employees (active in 73 countries). Confidential talks with the works council are under way. Manual processes are to be replaced by AI. — Source: https://www.golem.de/news/arbeitsmarkt-allianz-will-wegen-ki-bis-zu-1-800-jobs-streichen-2511-202681.html

tag:eurotrack.ai,2026:e9af0459:en 2025-11-25T06:00:00Z

Both boards of directors unanimously support the merger. Orientation meetings held in Oberbüren and Zuckenriet. Membership votes at the general meetings planned for February/March 2026. RBRU: 52 employees, CHF 1,338 million total assets, 11,091 cooperative members. RB Niederhelfenschwil: 15 employees, CHF 475 million total assets, 3,222 cooperative members. All sites are retained, all jobs secured. Update (09.04.2026): The merger has been completed. After members approved it in March 2026 (88.6% at Niederhelfenschwil, 93.3% at Regio Uzwil), the takeover of Raiffeisenbank Niederhelfenschwil's assets and liabilities by Raiffeisenbank Regio Uzwil was entered in the commercial register (official publication of the Canton of St Gallen / Federal Commercial Registry Office, 09.04.2026). — Source: https://uzwil24.ch/articles/349536-zusammenschluss-vereint-kraefte-und-staerkt-zukunftsfaehigkeit

tag:eurotrack.ai,2026:80333483:en 2025-10-13T06:00:00Z

Eurobank is buying Fairfax's 80% stake in Eurolife's life insurance business for €813m in cash; Fairfax keeps its majority of the property and casualty business and in turn takes 45% of Eurobank's Cypriot insurer ERB Asfalistiki for €59m (Fairfax, 13 October 2025). Update (16 July 2026): the European Commission cleared the deal as case M.12485 (European Commission, Daily News, 16 July 2026). Update (29 October 2026): Eurobank has completed the purchase (Cyprus Mail, 29 October 2026). — Sources: https://www.fairfax.ca/press-releases/fairfax-sells-interest-in-eurolife-life-insurance-operations-to-eurobank-2025-10-13/ · https://cyprus-mail.com/2026/10/29/eurobank-completes-e813-million-acquisition-of-insurance-provider-eurolife · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_1639