UBS

Artume, a subsidiary of US investment giant BlackRock, has been trying to implement a 300-million-euro investment in western Athens for 10 years now, and it is still waiting - illustrating the obstacles investors face in this country.

Japanese bond investors are growing fonder of European government bonds now that political risks are subsiding, according to analysis by UBS.

National Bank of Greece shareholders on Friday approved the sale of a majority stake of its insurance subsidiary to Anglo-Dutch consortium Calamos-EXIN.

EXIN is buying 75 percent of the division for 718.3 million euros.

The sale is part of National Bank's strategy to focus on core banking activities under a restructuring plan approved by the European Commission.

The board of Greece's National Bank (NBG) approved the sale of a majority stake in the group's wholly owned insurance subsidiary Ethniki to American-Dutch consortium Calamos-Exin, a banker close to the deal told Reuters on Tuesday.

NBG is selling the unit as part of a restructuring plan approved by the European Union to exit non-banking operations and focus on core banking.

Nordic telecoms firm Telia has said that it is aiming to sell part of its stake in Turkey's Turkcell to institutional investors as part of its strategy to focus on its Nordic and Baltic operations.

Four investors submitted binding bids to acquire a majority stake in Greek lender National Bank's (NBG) insurance unit, a banking source close to the deal told Reuters on Tuesday.

Greece's second largest lender by assets is looking to sell its Ethniki Insurance subsidiary as part of a restructuring plan it has agreed with regulators to exit from non-banking operations.

Four investors submitted binding bids to acquire a majority stake in Greek lender National Bank's (NBG) insurance unit, a banking source close to the deal told Reuters on Tuesday.

Greece's second largest lender by assets is looking to sell its National Insurance subsidiary as part of a restructuring plan it has agreed with regulators to exit from non-banking operations.

Germany's Deutsche Bank revealed on March 24 that it has picked a site for its new British headquarters, highlighting its commitment to London despite looming Brexit.

National Bank of Greece has completed 80 percent of its restructuring plan, with five actions left to complete before the end of 2018.

The most important of these is the sale of its insurance subsidiary.

National Bank of Greece expects to sell its subsidiary Ethniki Insurance this year and plans other sales as part of its restructuring, its chief executive said on Wednesday.

Last month Greece's second largest lender hired Goldman Sachs and Morgan Stanley as advisers on the sale of the insurance unit, banking sources close to the deal said.