04/14/2020 | 02:54am EDT Already positive, the research from JP Morgan and its analyst Delphine Lee still consider the stock as a Buy opportunity.. The target price is decreased from EUR 48 to EUR 46. © MarketScreener with dpa-AFX Analyser 2020
A banking unit of Taiwan's Yuanta Financial Holding, Yuanta Commercial Bank, is to purchase South Korea's Hanshin Savings Bank for KRW 135.1bn ($112m), making it the first acquisition by a South Korean bank in the Taiwanese market. This also marks the second overseas subsidiary of Yuanta Bank, with Tong Yang Savings Bank in the Philippines being acquired earlier this year; the moves are in line with Yuanta's expansion strategy.