Austria's Volksbanken dodges EBA recap bullet The Guardian * Fourth-largest Austrian bank excused from EBA recap process * FMA says restructuring reduces bank's international role * Step reduces risk Volksbanken could need more state aid (Adds quotes and background) By Michael Shields and Angelika Gruber VIE...
Austria issues 50-year bonds for first time France24 | AFP - Austria has issued 50-year bonds for the first time in its history, the federal financing agency said. | The offering raised two billion euros ($2.58 billion) with the yield at 3.837 percent, slightly higher than the 3.434 percent rate for th...
Hutch in talks to buy Orange Austria Hong Kong Standard Hutchison Whampoa (0013), Li Ka-shing's biggest company, is nearing a deal to acquire Orange Austria, the mobile-phone operator owned by France Telecom and buyout firm Mid-Europa Partners. | //--> Wednesday, January 18, 2012 | Hutchison Whampoa (0013...
Austria unhappy with European Banking Authority Buffalo News | VIENNA (AP) - The head of Austria's National Bank has criticized the European Banking Authority for demanding that banks in Europe raise their capital buffers quickly. | Ewald Nowotny says telling banks that they have to raise their core capital - ...
Austria unhappy with European Banking Authority Buffalo News | VIENNA (AP) - The head of Austria's National Bank has criticized the European Banking Authority for demanding that banks in Europe raise their capital buffers quickly. | Ewald Nowotny says telling banks that they have to raise their core capital - ...
No sign of first-quarter recession in Austria m&c | Vienna - Austria's economy is set to grow by 0.2 per cent in the first quarter, the central bank said Tuesday, after having warned of a recession last month. | The Austrian National Bank said the quarter-on-quarter forecast was based on a more opti...
S&P downgrades eurozone rescue fund Zeenews Brussels: US rating agency Standard & Poor's cut its credit rating of the eurozone's EFSF rescue fund on Monday, and Greece was under pressure to break a deadlock in debt swap talks if it is to avoid an unruly default. | French Finance Minister F...
Gold gains as stocks recover Sydney Morning Herald | Gold firmed a touch in US holiday-thinned trade, with firmer stock markets and a recovery in the euro from early lows taking some pressure off the metal, while traders digested last week's euro zone downgrades from Standard & Poor's. | The single currency edged above the near 17-month low it hit against the dollar in early trade, while Europe...