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The insolvency companies involved in the bankruptcy of Silver Mountain are mutually accusing each other, leading to a true row around the actions committed by the Romanian Commercial Bank in the insolvency and bankruptcy proceedings of the real...

Having come into effect almost a month ago, the Law of giving in payment continues to produce tensions, controversies, as well as hilarious situations, as officials of respectable institutions continue to contradict over its effects.

The Romanian local elections are a special case of intermediate elections.

It would be a mistake to accept that the nation is unfaithful, that it keeps choosing new political colors for the presidents' sheets, because in these 25 years it only had one love - PSD -, never did another political party get the...

The Brexit doesn't matter.

Even though it hasn't realized it, the Bucharest Stock Exchange has received yet another cold shower, on Friday and Saturday, when it organized the second edition of the "Banii Tăi Expo" ("Your Money Fair"), in the University...

Delegates from Austria, Belgium, Croatia, Czech Republic, Germany, Italy, Montenegro, Netherlands, Spain, Romania and the United Kingdom descended on Barcelona on the 26th of May for the 2nd edition of the Euromat Gaming Summit.

The primary elections in the US are nearing the end, and results so far show that Donald Donald Trump will be the Republicans' candidate, while the Democratic Party seems ready to go all the way to make sure that Hillary Clinton stays in the...

Franklin Templeton (FT) is looking for a co-manager of the investment team of the Proprietatea Fund, said its representatives in response to our request for comment on the information that was making the rounds in the market that the replacement...

MTI Impex SRL of Ghimbav, a member of French group Lapeyre, has announced that it would end its activity on June 30.

We have gotten accustomed to Banca Transilvania (BT) distinguishing itself from the other lenders in Romania, as it has shown on several occasions that it is close to its customers, by making decisions that were unique in the market.

Billionaire George Soros has cut his investments by almost 40% in shares of US-listed companies, in the first quarter of 2016, and has instead bought a USD 264 million stake in the world's biggest gold maker, "Barrick Gold" Corp.,...

With Liviu Dragnea pulling on his left arm, and with Călin Popescu Tăriceanu pulling on his right arm, and Traian Băsescu shoving him from behind, Valeriu Zgonea is clinging to the seat of president of the Senate, which he is unwilling to leave,...

Deutsche Bank is stuck in a vicious circle, and "the bank's problems can prove insurmountable", according to an article on Bloomberg, which quotes the conclusions of a recent analysis by the Berenberg bank.

On Friday (the first day of the application of the Law of giving in payment), the first hundreds of borrowers, have filed their notices about the assignment of the properties put up as collateral in the loan agreements to the bank, in order to...

It took a year and five months since the Swiss Franc blew up for us to adopt an extreme solution for people who borrowed in the currency that looked so tempting eight years ago.

NBR governor Mugur Isărescu and the other members of the Board of Directors have not forgotten to file their wealth statements for the year 2015, in fact, they have even mentioned out the positions they hold with the institution, but...

In January, the parents of Raluca Simu, wife to businessman Horia Simu, have acquired, through "Remacon Project", 50% of the shares of Sodo Migliori International SRL, which owns the Cellini jewelry brand, and 50% of the shares of...

Banker and investors are looking for reasons to keep their confidence in the biggest bank in Italy, but they are hard to find.

Klaus Iohannis is concerned with the local elections, while the head of his government, Dacian Cioloş, tells us that healthcare has been his "top" priority, while the head of the Ministry of Healthcare - Cadariu Achimaş Patriciu - is...

Nicuşor Dan couldn't have picked a more unfortunate electoral slogan.

Regulators from some of Europe's biggest markets will take centre stage at this year's EUROMAT Gaming Summit which will take place at the Majestic Hotel in the heart of Barcelona.

Shareholders of the Romanian Commercial Bank (BCR) have renewed the terms of five of the members of fthe Supervisory Board, in the General Shareholder Meeting of April 22nd.

The European Commission has proposed yesterday a permanent system for the distribution of refugees in the countries of the European Union, with the Eurocountries being allowed to refuse receiving migrants from outside the European community for...

Just as the unofficial "rating" of Deutsche Bank went from "atrocious" to "depressing", according to Dominic Elliott, writing for Reuters, following the publication of the earnings for Q1 2016, the German financial giant...

In yesterday's General Meeting, the shareholders have voted against the dismissal of the Supervisory Board, along with all the items on the agenda requested by a group of shareholders, while approving the proposals of the SIF3 directorate,...

Valeriu Zgonea has been excluded from the PSD because Liviu Dragnea was sentenced to two years in prison with suspension.

Liberals are falling like bowling pins hit by the ball of the Mayoralty of Bucharest- wham!, Cristian Buşoi, wham!, Ludovic Orban, wham!, Marian Munteanu -, and Cătălin Predoiu, the fourth candidate nominated for this bowling match in just a...

On April 25th, the shareholders of SIF1 have approved a stock buyback program in the Extraordinary Shareholder Meeting.

China's total debt has increased to a record level of 237% of the GDP in the first quarter of 2016, far exceeding the level reached by other emerging countries, which increases the risk of a financial crisis or of the extended slowdown of the...

When speaking about financial education, we are speaking about the bankers' financial education, of the customer service officers in banks, who don't always know how to talk to people, explains Adrian Vasilescu, strategy consultant in the...

Lawyer Gheorghe Piperea has left the National Union of Insolvency Practitioners (UNPIR), and has resigned both from the position of first vice-president, as well as from the position of interim president that he held with the Union.

The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials...

Yesterday, bankers received some hard-hitting questions from some 11th grade students, in a meeting dedicated to financial education.

The shareholders of "Cocor" SA (COCR) are being summoned, on May 23rd, to decide on the sale of the "Cocor" store, at the request of "Broadhurst Investments Limited", according to a press release sent to the Bucharest...

The rulings issued by the courts in the lawsuits filed by the National Consumer Protection Authority (ANPC) against banks apply to all similar loan contracts, the Constitutional Court of Romania ruled yesterday (CCR), which has rendered a ruling...

The government did not send the law of giving in payment to the Romanian Constitutional Court (CCR) nor has it discussed doing it, Dan Suciu, spokesperson of the Government assured us yesterday.

The people who have borrowed from banks starting from the First Home program which could benefit from a similar law to the one that stipulates the giving in payment.

BCR, part of Erste Group, has appointed Knight Frank România to sell the Silver Mountain complex of Poiana Braşov.

The International Monetary Fund has tried to attenuate the pessimism reflected in its World Economic Outlook through the Global Financial Stability Report, titled "Potent policies for a successful normalization".