Vienna International Financial Services Industry News

Read the latest headlines about the Viennese and Austrian financial services industry

Vienna Stock Exchange: Winners and Losers (2010-12-09)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers

December 9, 2010

Financing Requirements for Building Societies

According to Basel-III regulations Austrian building societies will require amounts in the hundreds of millions to equip themselves with sufficient equity.

December 8, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-07)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

December 7, 2010

Raiffeisen Bank International's direct bank Zuno launches in Slovakia

Zuno, which target Internet-focused customers, launches operations in Slovakia. Additional CEE countries will follow in 2011.

December 6, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-06)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

December 6, 2010

Passing On of Bank Information: FMA Defends Itself

Since, according to Wikileaks, the Austrian Financial Market Authority (FMA) has passed on bank data to the U.S., a position has been taken about the issue.

December 5, 2010

Michaelis Leaves Austria's State Holding Company

The contract of Peter Michaelis, Chairman of The State Holding Company OIAG, expires in June 2011. There is disagreement over the succession in the government.

December 3, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-03)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

December 3, 2010

Vienna Stock Exhange: Winners and Losers (2010-12-02)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

December 2, 2010

aws is Commited to the Promotion of Technology

The Austrian development bank aws (austria wirtschaftservice) provides staffing and strategic action steps in order to implement innovative and technological trends.

December 1, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-01)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

December 1, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-30)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 30, 2010

Massive Lay Offs at Hypo Group

The still ailing Carinthian bank restructures the leasing division. 500 jobs are being cut.

November 30, 2010

Government Adapts Capital Gains Tax on Securities

Taxation will be implemented from October 1; loss compensation is allowed. There are no essential changes however.

November 29, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-26)

Daily News Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 26, 2010

aws Has Expansion Plans

The state-owned SME financing agency aws will double its fund volume to € 160 million, and extend its investments.

November 25, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-25)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 25, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-24)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 24, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-23)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 23, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-22)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 22, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-19)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 19, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-18)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 18, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-17)

Daily News-Flash from tthe Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 17, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-16)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 16, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-15)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 15, 2010

ATX: Institutional Investors Remain a Central Component

According to a study from Ipreo, especially Anglo American institutional investors are involved in ATX companies in addition to Austrian investors.

November 15, 2010

C-Quadrat Investment AG Reports Q1-3/2010 Results

The fund management company records increasing income as well as rising profits.

November 15, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-12)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 12, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-10)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 10, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-09)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

November 9, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-08)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

November 8, 2010

Bank Boss Confirms: Bank Tax will be Passed on to Customers

Massive criticism of the federal government is also coming now from the boss of Raiffeisen Zentralbank (RZB). Bank customers will have to bear both the bank tax and the securities tax.

November 8, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-06)

Daily News-Flash from the Vienna Stock-Exchange. Upgrades&Downgrades;, Winners&Losers;

November 6, 2010

Trichet Succession: The Austrian Nowotny Has Chances As Outsider

The European Central Bank (ECB) will appoint a new president in November 2011. The favorites are the German Axel Weber and the Italian Mario Draghi. But Nowotny has outsider chances.

November 5, 2010

Vienna Stock Exchange: Today´s Winners and Losers (2010-11-04)

Daily News-Flash from the Vienna Stock Exchange

November 4, 2010

Bawag and Post Seal Cooperation

BAWAG and the Post want to enter into a symbiosis and create their own nationwide network of branches throughout Austria by 2012.

November 4, 2010

Vienna Stock Exchange: Winners and Losers of Today

Daily News-Flash from the Vienna Stock Exchange

November 3, 2010

Vienna Stock Exchange: Winners and Losers of Today (2010-11-02)

Daily News-Flash from the Vienna Stock Exchange.

November 2, 2010

Kovats in Distress: Rescue Package Must Stand Firm by Monday

The coming days are of utmost relevance for Mirko Kovats’s insolvent A-Tec Group. The rescue package must be ready by Monday.

October 29, 2010

Vienna Stock Exchange: Today´s Winners and Losers

Daily News-Flash from the Vienna Stock Exchange.

October 28, 2010

Tax on Securities’ Profits: Financial Industry in a Rage

The tax is targeted at the middle class, but it means especially an administrative burden and creates competitive disadvantages, according to the industry.

October 28, 2010

Today´s Winners and Losers

Daily News from the Stock Exchange

October 25, 2010

aws-mittelstandfonds: Participation in New Telecom Holding in Carinthia

The fund of the Austria Wirtschaftsservice-Agentur (Austrian Economic Service Agency), a company launched last year to finance medium-sized businesses, has now acquired its fourth participation.

October 20, 2010

Slight Fall in Corporate Tax

On the other hand, indirect taxes experienced an increasing trend. Despite tax competition, tax increases are expected due to budget needs.

October 18, 2010

Supervision of Banks: Austria and Russia Intensify Cooperation

A Memorandum of Understanding just signed facilitates cooperation in banking supervision between the two countries.

October 18, 2010

CEOs of Stock Exchange Alert: Vienna´s Taxation Plans Cast Investors out

The heads of Vienna´s stock exchange, Schaller and Bohl, fear that the introduction of capital and transactional taxes downgrades Austria´s capital market.

October 14, 2010

OeNB Governor Nowotny Contradicts the Deutsche Bundesbank

"The ECB should not give up purchasing bonds". Although the bond purchase program of the ECB was not needed in recent weeks, Nowotny wants to go on having it "in reserve”. The German Bundesbank warns of a too late withdrawal.

October 13, 2010

Post and Bawag Join Branches

BAWAG PSK and the Post have agreed to work together more closely. BAWAG branches and larger post offices will offer in future both postal and banking services.

October 13, 2010

Global Financial Market System: Norbert Walter Urges for Regulation of Financial Markets

Economist Norbert Walter discussed world financial markets with Lower Austria Deputy Governor Sobotka and Hypo Lower Austria Chairman of the Board Harold at the HYPO Invest Club.

October 12, 2010

Raiffeisen Bank International: Official Start of Business

The merger was concluded successfully and effectively with the company's entry into the commercial register. RZB remains unchanged as the central institution of the Raiffeisen Bank Group in Austria and corporate headquarters for the whole RZB Group.

October 11, 2010