Australian Central Banker Resigns
In order to reduce the rising speculations over the bribery case, Australian Central Banker has resigned. Austrian National Bank Deputy Governor Wolfgang Duchatczek has resigned. He gave his...
View ArticleOECD calls Austria to take Steps to Strengthen Banking Sector
The Organization for Economic Co-operation and Development said on Tuesday that Austria needs to take steps to strengthen the resilience of its banking sector. The organization said this in its 2013...
View ArticleDutch banking regulator approves AWS for use by financial organizations
In a Monday statement, Amazon revealed that it has received the approval of The Netherlands banking regulator - De Nederlandsche Bank (DNB) - for use of Amazon Web Services (AWS) by the financial...
View ArticleCentral Bank May Slow Bond Buying; European Stock-Index Futures Fall
It has been said by President Richard Fisher of Federal Reserve Bank of Dallas that the central bank was at the verge of slowing bond buying. Suspecting that the U. S. monetary stimulus measures would...
View ArticleBank Austria embroiled in loss scenario
It has been recently revealed that the net profits at the Bank of Austria from the UniCredit area have fallen by 12%. The reason for the same has been said to be the jump in the loan write-downs as the...
View ArticleAustrian Banks at Risk in Eastern and Central Europe: IMF
The International Monetary Fund (IMF) has said that Austrian banks are very vulnerable in the Eastern Europe countries; hence reforms on work incentives along with the reforms on pensions and subsidies...
View ArticleHypo Bank’s Financial Crisis Adds Pressure on Austria’s 2 Biggest Parties for...
Hypo Alpe Adria, nationalized lender, is stuck in financial crisis. It has been said that by the time November ends, Hypo will not be having minimum capital requirements in state funds.This situation...
View ArticleVolksbanken to Take Help of Bonds issued by Regional Savings Bank
Austrian lender Volksbanken has announced that there are chances that it might take the help of bonds issued by the regional savings banks in order to cover the capital gap that can emerge in 2014.read...
View ArticleRBS Subsidiary offers Second Largest US IPO in 2014
Citizens Financial Group has collected $3 billion in its initial public offering. The US subsidiary of Royal Bank of Scotland Group Plc priced the shares below the marketed range. It was said in a...
View ArticleDeutsche Bank posts Profit in Fourth Quarter
Frankfurt headquartered Deutsche Bank posted pre-tax profit in the fourth quarter of 2014. According to the German global banking and financial services company, it made profit of 253 million euros....
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