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Vienna International Financial Services Industry News
Read the latest headlines about the Viennese and Austrian financial services industry
UK Investor Plans Sale of Iglo
The British company should get new owners soon. The consequences for the Austrian subsidiary are unknown yet.
March 27, 2012
Vienna Stock Exchange Calls for New Listings
Birgit Kuras, the new member of VSE´s management board aims to enhance the stock exchange´s importance and pushes for further privatizations.
March 27, 2012
Bank Austria Plays Down Hungary Risks
The head of UniCredit unit Bank Austria's central and eastern Europe business played down potential risks from Hungary in a magazine interview published on Friday.
March 19, 2012
CEE Exchange “Open to Merger of Equal”
The CEE Stock Exchange Group, which includes bourses in Vienna, Budapest, Prague and Ljubljana, said it’s open to holding “merger of equals” talks with the Warsaw Stock Exchange (GPW), its biggest rival.
March 13, 2012
Stagnation at Vienna Stock Exchange
At the moment, the Viennese Stock Exchange (VSE) has no new IPO´s to announce. The atmosphere in Vienna would be not investment-oriented enough, market observers say.
March 13, 2012 · Updated: March 13, 2012; 19:11
Taxation of Pension Funds: One-Time Effect of € 900m
In order to restructure the financially stricken VBAG, the Austrian government anticipates taxes on pension funds. As a result, € 75m will lack in future.
March 6, 2012
Drastic Decrease in Stock Market Turnover
In February, stock market turnover was down by 28% at Vienna Stock Exchange. In January, trade decreased by 35% compared to January 2011.
March 2, 2012
Immofinanz to Become a „Property Machine“
CEO Eduard Zehetner wants Immofinanz to become a full developer, operator and seller of top-real estate objects. The company should be transformed to a “property machine.”
February 25, 2012
Company Pension Schemes Show Negative Performance
In 2011, Austrian company pension funds showed losses of 3.3%.
February 20, 2012
Prague Stock Exchange and CCP.A to Cooperate
Prague Stock Exchange (PSE) and Austrian clearing house Central Counterparty Austria (CCP.A) signed a Memorandum of Understanding on the cooperation in cash markets.
February 20, 2012
Vienna Stock Exchange Cooperates With Eurex
With Eurex derivatives exchange, Vienna Stock Exchange wins a new customer.
February 16, 2012
No Further Rise in Insolvencies Expected
The bad debt insurers Euler Hermes and Prisma expect business insolvencies to stagnate in 2012.
February 2, 2012
Rise in New Bonds Listings at CEESEG
Boom in new bond listings still going strong, CEE Stock Exchange Group says.
February 1, 2012
Takeover of Ljubljana Stock Exchange Completed
The Austrian CEE Stock Exchange Group widens its stake in the Slovenian Ljubljana Stock Exchange to 99.85 %.
January 21, 2012
New Management at Vienna Stock Exchange
Birgit Kuras is the new Member of the Management Board of Wiener Börse AG.
January 18, 2012
Substantial Decrease in Stock Market Turnover
The Vienna Stock Exchange recorded a decline in stock market turnover by 18% in 2011. This is also due to new taxes.
January 2, 2012
Tyrol Equity Takes Over German RSN Sihn
The Austrian investment company acquired 50.1% in the German automotive supplier company RSN Sihn.
January 2, 2012
AutoBank Achieves Further Growth
The Austrian specialist bank increased new business volume to € 59.6m. The operating result more than doubled and amounted to € 817,000.
November 18, 2011
Good Outlook for Raiffeisen Investment
The Austrian merger advisor Raiffeisen Investment AG posts deal volume of € 3.5bn for the first three quarters 2011. Further projects are negotiated.
November 8, 2011
C-Quadrat Announces Lower Net Profits
Net profits of the Austrian investment fund company for the period amounts to € 2.5m after 9.3m in 2010. Management fees were up by 35%.
November 7, 2011
Erste Bank Hungary Opens Home Savings Bank
According to Imre Szatno. the deputy head of retail division of Erste Bank in Hungary, quoted by Budapest Business Journal, the Erste Group has launched its own home saving bank.
October 17, 2011
C-Quadrat Plans to Close Its Fundbrokerage Business
The Austrian fund company will focus exclusively on its asset management core business segment.
September 24, 2011
New Index at Vienna Stock Exchange
Vienna Stock Exchange launches Top Dividend Indices for the ATX, CECE and CEESEG Traded Index today.
September 20, 2011
C-Quadrat Receives Management Mandates with a Volume of € 300m
The Austrian fund company will assume the mandates from Germany’s third-largest insurance group in the fourth quarter.
September 8, 2011
New Structure and Management for Raiffeisen Leasing
The Austrian banking group is reorganizing its leasing business. Three new subsidiaries will deal with business in Austria, large customers and in-house projects.
August 26, 2011
Massive Decline in Profits for C-Quadrat
The Austrian fund company recorded a drop in performance fees in the first six months of the year. Net profit fell from € 8.5m to € 2.0m.
August 16, 2011
Austrians Still Prefer Building Society Savings
Erste Group’s s Bausparkasse benefits from the continuing trend. The amount of new lending increased by almost 25% year-on-year.
July 27, 2011
Strong Growth for Car Leasing Companies
Booming car sales are boosting the leasing business in Austria. All major leasing banks recorded growth in the first half of 2011. The trend is expected to continue.
July 25, 2011
UniCredit Leasing Still Number 1 in Austria's Leasing Market
With an increase of 43 per cent in the new business volume to €763m and a market share of 13.3 per cent, UniCredit is the clear market leader in Austria in 2010 again
May 10, 2011
Profit Decline for C-Quadrat
Strong increase in management fees from € 7.6 m to € 11.5 m (+52 %). Net profit amounts to € 1.0 m.
May 9, 2011
Funds are Considered as a Suitable Old-Age Provision for many Austrians
The majority of Austrian fund owners rate investment funds as a suitable old-age provision, according to the result of a recent population-representative study of AXA Investment Managers.
May 4, 2011
Erste Group Launches Rising Markets Indices
Erste Group launches Rising Markets Indices for bonds and equities focusing on high-opportunity countries. Country selection based on criteria such as GDP growth, population growth, anti-corruption measures and standard of living.
May 3, 2011
RCM - Raiffeisen Capital Management Company grew in 2010
Despite the international debt crisis and the repeated fears of a recession, money flowed back into the investment company last year.
April 23, 2011
Austria's Small Caps with Above Average Performance
In the EU comparison, as well as to Large Caps, Austria’s Small Caps record large gains.
April 14, 2011
Occupational Pension Funds: Deposits in Investment funds +32%
By the end of 2010, the volume of pension rights of the ten occupational pension funds operating in Austria amounted to € 3.56bn, representing an increase of 26% compared with the end of December 2009.
April 12, 2011
Profit Decline at Zürich Austria
The Swiss insurance group Zürich Versicherung managed to increase its premiums, but the results decreased.
April 8, 2011
C-Quadrat Achieved Strong Profit Increase
In 2010, operating income of the Austrian investment funds was up by 76%. Operating profits almost tripled.
March 30, 2011
Vienna Stock Exchange: Management board contracts prolonged for five years
Heinrich Schaller and Michael Buhl will continue their functions as board members of the CEE Stock Exchange Group.
March 30, 2011
ATX Launches Dividend Point Indices
The Vienna Stock Exchanges started calculating and disseminating dividend point indices.
March 22, 2011
Leasing Business Boom in Austria
Because of capital requirements and rigid lending conditions, leasing gains in importance as a financing alternative.
March 18, 2011
Sales Record for Schoeller Münzhandel
Schoeller Münzhandel, a subsidiary of the Austrian Mint, recorded sales for € 438.5m last year.
March 15, 2011
Viennese Stock Exchange Cooperates with Serbian Stock Exchange
The Vienna Stock Exchange welcomes Belgrade Stock Exchange as a new member of the data alliance.
March 11, 2011
Austrian Clearingbank Concludes Activities
The activities of the Oesterreichische Clearingbank, founded in 2008 to handle liquidity shortages at commercial banks end presently.
March 5, 2011
AWD Austria Records Losses
The Swiss/German financial consulter could not manage the turnaround in 2010.
March 5, 2011
Vienna Stock Exchange: Winners & Losers (2011-02-28)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
March 1, 2011
Vienna Stock Exchange: Winners & Losers (2011-02-25)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 26, 2011
Austria's Insurance Industry Is on the Rise
In spite of still felt repercussions of the economic crisis, the Austrian insurance industry shows positive results in all divisions.
February 24, 2011
Vienna Stock Exchange: Winners and Losers (2011-02-22)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 23, 2011
Vienna Stock Exchange: Winners and Losers (2011-02-18)
Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
February 19, 2011
Erste Group manages € 1.25bn increase of Slovak Bonds
Strong interest for the Slovak sovereign bonds offering: total orders amounted to € 1.9bn from over 100 investors.
February 19, 2011
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