A hapless criminal was collared as he tried to rob a bank while police attended the branch on other grounds.Police officers called by clerks after the handbag of an elderly woman was stolen moments after she had left the bank in Viennas Mariahilf district with a large amount of cash yesterday afternoon (Thurs).When checking […]
A bank in Carinthia has vowed to compensate its clients after conmen withdrew thousands of Euros from their accounts.Kärntner Sparkasse said today (Weds) police are examining the incident. The firm explained that fraudsters apparently managed to get account information of clients after a small camera was set up at a cashpoint in Klagenfurt.Large amounts of […]
A Raiffeisen manager has fuelled speculations that former Peoples Party (ÖVP) boss Josef Pröll could join the finance industry giant.Erwin Hameseder, head of Raiffeisenlandesbank Lower Austria-Vienna, said today (Weds) representatives of the bank discussed future options with the agricultural economist.Pröll retired from all his political functions vice chancellor, finance minister and party leader […]
Raiffeisen Bank International (RBI) prepares to fork out more than 100 million Euros of extra taxes to the Austrian government this year.The bank which handles the international operations of Raiffeisenzentralbank (RZB) said today (Fri) it expected additional taxes of 130 million Euros in 2011 due to the new Austrian bank solidarity levy. The […]
Upper Austrian police have arrested a man who is suspected of robbing more than half a dozen banks wearing a Barack Obama mask.Police officers caught the suspect hiding in woodlands in Vöcklabruck district after a bank robbery in the small town of Fornach yesterday afternoon (Thurs). The man, who is in custody, is accused of […]
Raiffeisen Bank Internationals (RBI) Romanian affiliate has managed to increase its profit by more than 10 per cent.RBI said today (Weds) its department in the Eastern European (EE) country achieved profits of 83 million Euros in 2010, up by 12 per cent in a year.The Viennese institute which handles the international operations of Raiffeisenzentralbank […]
Semperit AG Holding (Semperit) shares soared in value today (Tues).As of 2pm, one stock in the rubber and synthetics industry company was traded at 40.81 Euros, up by 1.56 per cent. Semperit is based in Vienna and part of the German Continental AG group, a leading producer of tyres.Vienna-based fireproof products maker RHI AG also […]
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 […]
BAWAG PSK (BAWAG) boss Byron Haynes has said he will continue the current restructuring process.The former ABN AMRO CFO announced yesterday (Weds) BAWAG had to keep lowering its administration costs in the coming years.The Vienna-based institute achieved a net profit of 125.4 million Euros last year, the businessman added. It is the first time BAWAG […]