Hypo Disaster: Who Are the Beneficiaries?

Politics ♦ Published: February 19, 2014; 19:07 ♦ (Vindobona)

International investment companies, funds and domestic banks are the major recipients of the billions of Euros in the Hypo Group disaster.

Hypo Disaster: Who Are the Beneficiaries? / Picture: © Wikimedia Commons / SKopp [Public domain]

With reference to data of the financial information system of news agency Bloomberg, both Austrian daily “Presse” and news program “ZiB” of national TV station ORF have named the investors of Hypo Group’s parts which were placed in bond funds by banks and investment companies. According to the daily, the data collection is very extensive and top financial institutes both in…