Hypo Group: Other Downsizing Unit than Bad Bank?

Politics ♦ Published: January 15, 2014; 21:37 ♦ (Vindobona)

Rumors about other models than a bad bank have appeared.

Hypo Group: Other Downsizing Unit than Bad Bank? / Picture: © Hypo Alpe-Adria-Bank International AG

The task force’s report of the about possible downsizing options for problem bank Hypo Group Alpe Adria was not yet completed on Wednesday for the presentation to the Austrian government. However, rumors have emerged about the establishing of a so-called “bridge bank” open to other banks as well. However, details about such a construction have not been published…

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