Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain's Sabadell expands insurance jv with Zurich

Source: Reuters - Tue 20th May 2014
 Spain's Sabadell expands insurance jv with Zurich

Spain's Banco Sabadell said on Tuesday it had expanded an insurance joint venture with Zurich in a deal valued at an initial €214 mln, half of which the Swiss company would contribute in cash.

The joint venture includes new insurance assets inherited by Sabadell during the acquisition of smaller banks in recent years.

As part of the agreement, Zurich recovers its status as the sole provider of insurance and pension plans for all of Sabadell's branches, the bank said in a regulatory filing.

Further Reading :

* Spain's Sabadell says targets €1 Bln profit in 2016

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs