Hypo Group: Nowotny Calls for Fast Proceeding

People ♦ Published: February 24, 2014; 15:45 ♦ (Vindobona)

Newly designated head of Hypo Group’s task force, Governor of the Austrian National Bank (OeNB) Ewald Nowotny, calls upon the government to fastly proceed with the downsizing of the ailing bank.

Hypo Group: Nowotny Calls for Fast Proceeding / Picture: © Agenda Austria 2020

Nowotny took over the chair of the task force to avoid any further delays, the Governor of the Austrian National Bank said on Saturday, a day after the resignation of his predecessor Klaus Liebscher became known.

Currently the task force is working on a bad bank model for problem loans and liabilities. According to Nowotny, preparations for the bank model are supposed to be…

or Log In

Fast News Search
Related News
Hypo Group: Nowotny to Replace Liebscher (February 22, 2014)
Austria: Investment Banker Part of Hypo’s Expert Group (February 21, 2014)
Austria: Head of Hypo Group’s Task Force to Resign (February 21, 2014)
Government Examines Haircut of Hypo Group’s Investors (February 21, 2014)
Liebscher: Government Is to Blame (February 20, 2014)
Read More
Hypo Group Alpe Adria, Banking Industry, Leaders, Ewald Nowotny, Klaus Liebscher, Michael Spindelegger, Werner Faymann, Downsizing, Restructuring, Klaus Kumpfmueller, Peter Kaiser
Featured
See latest Vindobona Newsletter