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Europe Daily Bulletin No. 7778

12 August 2000
Contents Publication in full By article 10 / 15
GENERAL NEWS / (eu) eu/competition
Commission authorises Caisse des depots et Consignations/banco Urquijo joint venture

Brussels, 11/08/2000 (Agence Europe) - The European Commission authorised the creation of a joint venture by the French state bank Caisse des depots et Consignations (CDC), and the Spanish private and investment bank Banco Urquijo. Named Banco CDC Urqiuijo, this new company will carry out custody activities for institutional investors and corporate bodies in Spain. The Commission noted that this operation would not lead to any overlap of activities because CDC does not presently offer any...