Latvian boutique bank Signet Bank confirmed that it had completed the takeover of another Latvian bank, LPB Bank, eng.lsm.lv, the website of Latvian national broadcaster LSM, reported on December 12. ‘Following the approval of the Bank of Latvia and the European Central Bank, and the approval of the Competition Council, on 11 December 2023 a transaction was completed whereby a local investment bank, AS Signet Bank, acquired AS LPB Bank,’ Signet said in a release. The cost of the acquisition was not disclosed. Signet Bank and LPB Bank will continue to operate as separate credit institutions and…