Former vice chancellor and finance minister Josef Pröll (ÖVP) defended the emergency nationalisation of the Carinthian bank Hypo Alpe Adria (2009) in the hearing of the Bavarian Landesbank (BayernLB) against the fund Hypo Alpe Adria Mitarbeiter Privatstiftung (MAPS) at the commercial court of Vienna. BayernLB made sales contracts in regards to Hypo shares with MAPS […]
An infamous fascist has been put in custody as investigations against a disputed website continue.Gottfried Küssel was arrested yesterday evening (Mon), prosecutors confirmed this morning. The outspoken neo-Nazi is accused of cooperating with the people behind “Alpe-Donau”, a controversial discussion platform of neo-Nazis on the internet. The site was taken offline last month after state […]
Hypo Alpe Adria Italia has revealed plans to expand.The bank, which is part of Austrias Hypo Group Alpe Adria (HGAA), announced today (Mon) it wanted to focus on offering services to small and medium-sized enterprises (SME) in northern Italy. Hypo Alpe Adria Italia praised these firms as the “backbone” of the regions economy. It added […]
Hypo Alpe-Adria Bank International AGs former Chief Executive Officer Wolfgang Kulterer was arrested today (Fri) in Klagenfurt, Austria.According to Austrian newspaper “Kurier”, Kulterer could face up to ten years in jail.Kulterer is being investigated for breach of trust and giving false testimony to an enquiry commission in the Province of Carinthia, Helmut Jamnig, a spokesman […]