Sponsored Content
Austria: Downsizing Options for Hypo Group under Discussion
Politics ♦
Published: November 12, 2013; 18:08 ♦ (Vindobona)

Sponsored Content
In the discussion about establishing a downsizing unit for ailing bank Hypo Group Alpe Adria, several possibilities are taken into account.

Apart from a so-called “bad bank” with a majority participation of Austrian major banks, there is the option of a public institution is currently favored since major banks will not have to be offered compensations for the participation in Hypo Group, according to informed circles, as reported by the Austrian Press Agency (APA). As a medium-term target these informed circles consider…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Austria: Hypo Group Reason for Major Budget Gap (November 11, 2013)
Austrian Banks Forced to Prepare in Case of Bankruptcy (November 7, 2013)
Leitl Rejects Further Bank Taxes (November 6, 2013)
Austria: New Austerity Package to Come? (November 6, 2013)
Austria: Liquidation No Option for Hypo Group (November 4, 2013)
Sponsored Content
Read More
Featured