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 South Korea's's Yuanta Financial Holding, Yuanta Commercial Bank, is to purchase Taiwan Hanshin Savings Bank for KRW 135.1bn ($112m), making it the first acquisition by a South Korea'sese bank in the South Korean 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.