Austrian banks

... Swiss Re lodge a claim against Maersk, and Raiffeisen Bank sue an Argyle Street unit the Austrian bank already claims owes $70 million linked to a 2015 takeover ... London-based Astra Asset Management filed a commercial contract claim on April 17 in the Commercial Court against the Co-op Bank.

Since opening in the former Austrian Hungarian Monarchy Bank headquarters in 2014, the Park Hyatt Vienna has emerged as one of the city's swankiest accommodations. Just off the lobby, Bank Brasserie & Bar followed two years later in the one-time cashier hall. Now both visitors and locals come for ...

Austria | Yes. Loan origination by funds is permitted under the general scope of permitted investment activities for AIFs under the AIFMD. Austrian law ... Loan origination and lending on a professional basis are licensed activities in Romania (absence of licence from the central bank triggers criminal liability ...

Austrian regulators smacked Raiffeisenbank International with a 2.74 million euro fine on March 30 over charges that the bank failed to impose adequate ... The leak sparked an investigation from Austria's Financial Market Authority into whether the Vienna-based international lender had followed proper ...

The OeNB will complete the repatriation of half of Austria's gold stock (around 280 tonnes) from Great Britain this year. Gold has traditionally served, and continues to serve, as an important store of value, allowing central banks to diversify their reserve assets. Hence, gold also represents a key reserve asset ...

A new report in Austria's Die Presse confirms that Oberbank, one of the first Western banks to sign a deal to provide project finance to Iran, has put projects “on ... The finance deal, which was signed with the express support of Iran's central bank as well as the Austrian government, was intended to support ...

That is, until the turn of the 20th century, when Otto Wagner introduced a palate cleanser in the form of the Austrian Postal Savings Bank building, the last site on my architecture tour. The urban planner and architect, I'd been told by fan after fan, brought a lightness to construction by capitalizing on the ...

“According to the Austrian National Bank, 90% of this average inflation differential can be attributed to the services sector (catering services and to a lesser extent administered prices). Austria does not only have a strong tourism sector but on average Austrians like to dine out more than their Eurozone peers ...

The CEO of Austria's biggest Bitcoin broker, however, has recently recommended the implementation of a regulatory framework for Bitcoin that mirrors that ... Ewald Nowotny, the chief of the Austrian central bank, has called for an end to the country's laissez-faire stance on Bitcoin and other cryptocurrencies:.

Market turbulence and an awkward governance structure are forcing Deutsche Bank to trim its expectations for the initial public offering of DWS, the bank's highly ... Yasmin Osman has been covering banks for Handelsblatt in Frankfurt since 2008 and Anke Rezmer covers the investment fund industry.

In Austria, the country's largest bitcoin broker thinks the cryptocurrency should be regulated in a way similar to gold. “Regulation provides us with ... In other news, the Bank for International Settlements (BIS) is warning central banks about launching their own digital currencies, Reuters reported. “There are risks we do not ...

Austria's Financial Market Authority (FMA) has issued a series of recommendations to banks in the country, suggesting that all crypto-related transactions must be viewed with suspicion and handled with caution, in order to ensure compliance with anti-money laundering (AML) laws. Bloomberg reported that ...

Egon Putzi, the founder of microprocessor company SEZ and former president of Austrian football clubs BSV Bad Bleiberg and SV Austria Salzburg, has announced plans to launch a new ... The MCV Coin is designed to be an internal currency for use by banks as well as a loyalty coin for bank customers.

The commentary follows previous messages sent to Nigerian financial institutions in early 2017, in which the CBN advised domestic banks to distance ... among the top countries using the "bitcoin" search term, according to Google Trends in 2017, alongside South Africa, Slovenia, Netherlands and Austria.

Erste Group Bank AG (EBS.VI) said Wednesday that its net profit rose sharply in the fourth quarter, and proposed to raise its full-year dividend by 20%. The Austrian bank's net profit was 328.6 million euros ($403.9 million) compared with EUR85.6 million a year earlier. For 2017, net profit rose to EUR1.32 ...

Austria has joined the list of countries planning to regulate cryptocurrencies and will use as a model existing rules for the trading of gold and derivatives. ... The finance minister's statements come on the heels of a report that the Austrian government is seeking suspects in an alleged bitcoin scam by a ...

VIENNA, Feb 12 (Reuters) - The Austrian National Bank (ONB) upgraded its forecast for first quarter economic growth by 0.1 percentage points to 0.8 percent on a quarterly basis on Monday, citing strong domestic and export demand. For the second quarter, the ONB expects Austria's gross domestic ...

Kurt Pribil did not mince his words when he explained his theory as to why many banks have taken a hardline stance against cryptocurrencies and bitcoin in particular. The banking chief explained his “unambiguous position”, underlining that the way he sees it, cryptocurrencies have no inherent value ...

Credit creation from banks - more loans created than repaid. Also known as credit money, bank money, endogenous money and inside money. Externally from overseas commerce - More exported than imported. Government spending - more spent than taxed out. Also known as sovereign money, state ...

Indeed, union with Austria was just the first stage in Hitler's plan, which led a year later to the invasion of Czechoslovakia. In the Alpine state he found what he needed to equip himself for further expansion. Austria's national bank was rich in gold and foreign currency. The mountains contained ore and there ...

Europe is not a region where cryptocurrency regulation appears to be a big issue. For now, the European Union, as well as the European Central Bank, have no real plans to change their hands-off approach when it comes to cryptocurrency. In Austria, however, it seems there is a growing demand for active ...

“We are looking at a number of deals, primarily in Germany, but a few in Austria… The total balance sheet size is roundabout 25 billion (euros).” Unlike Austrian rivals Erste Group, Raiffeisen Bank International and UniCredit Bank Austria, BAWAG withdrew from central and eastern Europe to focus on ...

Law360, London (February 26, 2018, 2:21 PM GMT) -- Addiko Bank AG has lodged an appeal with the European Union's top court as it challenges a decision ... The Austrian firm's application to register “Straightforward Banking” was rejected by the intellectual property office, known as EUIPO, in October 2017, following a ...