United Kingdom

Marcin Goclowski

Polish, overseas banks prepare bids for Commerzbank's mBank: sources

17 Dec 2019

WARSAW/FRANKFURT (Germany) Poland's biggest bank PKO BP and a consortium of insurer PZU and its subsidiary Pekao are expected to file initial bids for Commerzbank's Polish arm, mBank by mid-January, three sources told Reuters.

UPDATE 1-Major Pekao shareholder sees benefits in potential mBank deal

04 Dec 2019

WARSAW, Dec 4 A major shareholder in state-run bank Pekao SA is supportive of a potential merger with smaller rival mBank saying such a deal could bring significant benefits including in technology.

Polish cabinet reshuffle boosts control over state companies

08 Nov 2019

WARSAW Poland's nationalist Law and Justice (PiS) party announced its governing cabinet lineup on Friday after winning a parliamentary election last month, setting out plans to consolidate control over state-owned utilities and financial companies.

Poland's ruling party names two former party lawmakers to top court

04 Nov 2019

WARSAW Poland's ruling nationalist Law and Justice (PiS) party on Monday nominated three new judges, two of them former hardline PiS lawmakers, to the Constitutional Tribunal, a move its opponents said further weakened judicial independence.

Polish lawmakers vote for bill criminalising 'promoting underage sex'

16 Oct 2019

WARSAW Polish lawmakers on Wednesday voted in favour of a bill to criminalise "the promotion of underage sexual activity," in a move seen by some as a government effort to court conservative support and which outraged liberals who say the bill aims to ban sex education.

Poland's nationalists win majority in parliament again, eye court reforms

14 Oct 2019

WARSAW Poland's nationalist Law and Justice (PiS) party secured a second term in power in Sunday's parliamentary election, partial results showed on Monday, but fell short of the landslide victory it needs to overhaul the constitution. | Video

Top EU court backs Polish consumers over Swiss Franc mortgages

03 Oct 2019

LUXEMBOURG/WARSAW The European Union's (EU) top court ruled on Thursday in favor of Polish consumers who took out mortgages in Swiss Francs, allowing them to ask Polish courts to convert the loans into the local zloty currency in a blow for lenders.

Polnische Banken in der Franken-Falle - Urteil erwartet

02 Oct 2019

Warschau Kaum hat Commerzbank-Chef Martin Zielke mit seinen kostspieligen Umbauplänen eine Baustelle im Konzern aufgerissen, steht er womöglich bald vor der nächsten Grube.

Polish banks haunted by Swiss franc mortgages in European court

29 Sep 2019

WARSAW Europe's highest court will rule next week whether a bank in Poland broke the law by selling homeowners a Swiss franc mortgage, potentially unleashing lawsuits which could wipe out Polish banking profits for years to come.

Poland's mBank rises on speculation about Commerzbank sale plans

24 Sep 2019

WARSAW Shares in mBank hit their highest level since early August on Tuesday, partly in response to speculation that Poland's fourth largest lender by assets is up for sale.

World News

China virus death toll mounts to 25, infections spread

A new coronavirus has killed 25 people in China and infected more than 800, the government said on Friday, as the World Health Organisation declared it an emergency but stopped short of declaring the epidemic of international concern.