Lone Star deal heads south

A fresh attempt by US private equity firm Lone Star at a fourth takeover bid for Bank of Cyprus will also be shot down by the institution’s shareholders and the island’s financial

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Lone Star still stalking Bank of Cyprus

US private equity firm Lone Star is not giving up on buying Bank of Cyprus, with senior officials in Nicosia to negotiate with stakeholders. Despite seeing three cash offers rejected by the

S&P confirms Bank of Cyprus credit rating

Standard and Poor’s has confirmed the country’s largest lender Bank of Cyprus’ long-term and short-term credit rating of “B+/B”, maintaining an outlook positive, hinting at a possible upgrade in the near future.

Crisis and opportunity

The drastic changes in the Cyprus banking sector hinge on four key events during the past nine years, which should have taught the authorities and consumers alike a lesson or two. After

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CI says Bank of Cyprus outlook ‘stable’

Capital Intelligence Ratings (CI) has affirmed the long-term foreign currency rating (LT FCR) and short-term foreign currency (ST FCR) of Bank of Cyprus (BoC) at ‘BB-’ and ‘B’, respectively, affirming its ‘stable’

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