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Andreas Down, noul CIO al TBI Bank

Andreas Down este noul Chief Information Officer (CIO) al TBI Bank, potrivit unui comunicat de presă trimis Redacţiei.

THE CONFESSIONS OF BCR CEO THOMAS SPURNY AT THE END OF HIS TERM:"I don't think we've made any legal mistakes, just moral ones"

Known as a harsh and ruthless banker, who took drastic action to achieve his restructuring program, Thomas Spurny, the current CEO of the Romanian Commercial Bank (BCR), had a moment of sensitivity at an event held at the Chamber of Commerce and...

THE WEALTH TAX: STRAIGHT-OUT THEFTThe human rights for Germans only

The German Central Bank has proposed an extension of the "bail-in" operation to the level of European stats faced with default: a tax on the wealth of well-off citizens, only charged once, which would be a one-off, and should precede the...

THE WEALTH TAX: STRAIGHT-OUT THEFTThe human rights for Germans only

The German Central Bank has proposed an extension of the "bail-in" operation to the level of European stats faced with default: a tax on the wealth of well-off citizens, only charged once, which would be a one-off, and should precede the...

BANKS ARE GETTING INCREASINGLY CHEAPER ON THE EUROPEAN STOCK EXCHANGESGreece - the biggest decline

• Shares of ATEbank lost 31% on the Athens Stock Exchange

"Romania receives significant funds from Europe, but it has an urgent need for infrastructure", said Andreas Treichl, CEO of Erste Group.

"Erste" cleans up at BCR, to restore profitability

The large number of non-performing loans at the Romanian Commercial Bank (BCR) has attracted the attention of majority shareholder Erste Bank, which asked the new management of the bank, led by Tomas Spurny, to implement a process of...

RUMORS, GOSSIP, AND BACKDOOR INTRIGUEThe Bermuda's Pentagon of Cotroceni

I don't remember any president of a Romanian bank having ever been received by Traian Băsescu at Cotroceni, and yet, it happened for the first time during the two terms of Traian Băsescu with Steven Cornelis van Groningen, the president of...

THE SECOND SHARE CAPITAL INCREASE THIS YEARA new capital infusion of almost 150 million Euros in BCR

BY TAKING A HAIRCUTErste rids itself of sovereign debts

Shares of Austrian bank "Erste" fell almost 16% in Bucharest yesterday, after the bank announced it would take "extraordinary measures", booking net losses of about 800 million Euros for this year. Some of the announced measures...

At any moment, a minority shareholder could request the listing of BCR

Reporter: Is the agreement to postpone the listing of BCR legal or not? Did the SIFs need a power of attorney to conclude an agreement concerning the postponing of this listing?

At any moment, a minority shareholder could request the listing of BCR

Reporter: Is the agreement to postpone the listing of BCR legal or not? Did the SIFs need a power of attorney to conclude an agreement concerning the postponing of this listing?

A Profitable Q3 For Banks:Interest Income Drives Erste Bank Profit To 228 Million EUR

Erste Group Bank AG, the majority shareholder in Banca Comerciala Romana (the Romanian Commercial Bank - BCR), reported a net profit of 228 million EUR for the third quarter of the year, slightly up from the corresponding period of 2008, amid an...