Raiffeisenzentralbank (RZB) chief Walter Rothensteiner has ruled out being interested in the acquisition of two struggling competitors.Rothensteiner told the Kurier newspaper today (Mon) that RZB had no intentions to approach Hypo Group Alpe Adria (HGAA) and Volksbank AG (ÖVAG about a takeover or a cooperation.The banker argued there would be “no sense” in acquiring HGAA […]
Bank Austria (BA) chief Willibald Cernko has revealed interest in Hypo Group Alpe Adria (HGAA).The banker said today (Weds) BA was interested in acquiring HGAAs Austrian business. He explained: “We are talking about 60,000 customers here. It would be highly ignorant not to consider this.”Cernko stressed there were “many requirements” before a possible takeover. The […]
Bank Austria (BA) bosses have revealed plans to introduce a service based on the functions of mobile phones of the latest generation.BA private customer’s head of agendas Rainer Hauser said today (Tues) customers will be able to use the programme called SmartBanking with their smartphones over the internet, but also via post and fax.The model […]
Bank Austria (BA) bosses have said they wanted to increase the institutes focus on private clients in Burgenland.New BA Burgenland chief Andrea Staufer-Waldert said today (Weds) that the bank currently has 52,000 private customers in the eastern province. She added that BAs 13 branches in Burgenland were serving more than 2,100 small and medium-sized enterprises […]
Bank Austria (BA) CEO Willibald Cernko has warned tougher rules and new taxes could make it more difficult for banks to find investors.The former HypoVereinsbank manager said today (Weds): “I think the debate over investors should have an Austrian background or come from abroad is totally misleading. The decisive question will be whether we (the […]
Works council chiefs are on high alert after new UniCredit boss Federico Ghizzoni revealed plans to save costs.The businessman, who succeeded Alessandro Profumo as chief of Italys biggest bank last month, said in an interview with Rome newspaper La Repubblica yesterday (Tues) that he wanted to “lower costs”.He also stressed: “UniCredit is a healthy bank. […]
Tennis legend Boris Becker will compete in a poker tournament in Austria next week, it has been announced.European Poker Tour (EPT) officials said today (Fri) the three-time Wimbledon champion will participate in the 500,000 Euro event taking place at the Kursalon Hübner palace in the centre of Vienna between 26 and 31 October.Organisers stressed they […]
A Bank Austria (BA) official has revealed he was “alarmed” by the retirement of UniCredit boss Alessandro Profumo.Profumo, who announced yesterday (Tues) he would step down, has been heavily criticised for failing to prevent Libyan state bodies increase their stake in the Italian institute to 7.5 per cent.The Italian banker guaranteed UniCredits subsidiary BA it […]