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Vienna International Banking Industry News
Read the latest headlines about developments in the international banking industry in Vienna and Austria
Banks are approaching reunification
Raiffeisen International, the listed Ostbankenholding of the sector, has ended the first quarter of 2010 better than expected.
May 31, 2010
Hypo-Alpe-Adria - Carinthia and Bayern to co-operate
For the first time in the history of judicial prosecution, Munich and Klagenfurt agreed to a formation of a "joint investigation team ", in the case of Hypo-Alpe-Adria-scandal.
May 28, 2010
Austrian federal government is now sole owner of the Federal Reserve
The price fluctuations in international currency markets helped the Austrian National Bank (OeNB) in 2009 to a strong profit increase.
May 27, 2010
Leitl - No to Bank tax charged - European financial transaction as better solution
"The economy needs a permanently stable financial system. But not at the expense of savers and Investors"
May 26, 2010
Manfred Url succeeds Erich Rainbacher as CEO of Raiffeisen Bausparkasse
Manfred Url succeeds Erich Rainbacher as CEO of Raiffeisen Bausparkasse, Johannes Schuster joins the board of RZB.
May 21, 2010
Sberbank partially repays subordinated loan to the Central Bank, positive signal to creditors
Sberbank, the largest bank in Russia and CIS, announced that it had redeemed the first RUB 200 bn tranche of the RUB 500 bn subordinated loan from the Central Bank of Russia.
May 21, 2010
Sparkassen Immobilien AG - Results of AGM
Stock exchange-listed Sparkassen Immobilien AG announces that the 75% majority required for the approval of the resolution in agenda item 7 with respect to the rights of participating certificates to conversion into ordinary shares was not achieved.
May 21, 2010
Immofinanz makes a hop – soon more shares on the market
Despite the announcement that in the coming months 55 million shares will be placed on the market, the share Immofinanz responded with an increase to the agreement with Constantia BV.
May 21, 2010
Solo attempt at transaction tax is possible says Chamber of Labour
"At purchase of every sausage roll a value-added tax is due, then why don’t financial speculators have to pay no sales tax for market transactions?
May 21, 2010
Sparkassen Immobilien AG starts 2010 with a strong first quarter
Stock exchange-listed Sparkassen Immobilien AG has started the financial year 2010 with a strong first quarter: the major financial indicators have improved significantly compared with the same period last year.
May 20, 2010
Solo attempt as an infringement of regulation
It sounds uneventful, also hardly known by relevant experts however contains explosive substance in the context of the debated transaction tax.
May 20, 2010
National Council pro "Euro security shield"
Social Democrats SPÖ, People Party ÖVP and Green Party members Van der Bellen and Moser vote pro coalition while the freedom party rejects the referendum.
May 19, 2010
Romania - BRD Groupe Société Générale to overtake the largest bank Banca Comercială Română (BRC)
Ambitious goals for the Development Bank Romania (BRD): The second-largest institute of the country that belongs to the French Societe Generale (SG) wishes to ascend to the largest bank in Romania by 2015 - and thus pass “Erste” subsidiary BCR.
May 18, 2010
Transaction tax is favourable to bank tax according to WIFO
According to WIFO (Institute of economic research Austria) a financial transaction tax (TT) is favourable to a bank tax (BT) on multiple grounds.
May 17, 2010
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