UBS
National Bank of Greece sells Bulgarian subsidiaries
National Bank of Greece agreed to sell a 99.1 percent stake in its Bulgarian unit United Bulgarian Bank (UBB) and its fully owned leasing subsidiary Interlease EAD to Belgian bank KBC Group, National Bank said on Friday.
UniCredit slashes jobs, eyes 13-bln euros in fresh capital
Italy's biggest bank, UniCredit, announced plans on Dec. 13 to slash 14,000 jobs and raise billions of euros in fresh capital as the country gets to grips with political instability and a banking crisis.
EFG International to cut up to 450 jobs as part of BSI integration
Swiss private bank EFG International plans to cut up to 450 jobs over the next three years as part of its takeover of BSI Bank.
Its acquisition of Swiss rival BSI from Brazil's Grupo BTG Pactual SA has made EFG one of Switzerland's biggest private banks, behind the likes of UBS, Credit Suisse, Julius Baer and Pictet.
Bank teller accused of swindling thousands of euros from customers
The corruption prosecutor for Thessaloniki, Achilleas Zisis, on Thursday brought criminal charges of fraud, embezzlement and forgery against a bank branch in the northern port city and a senior employee of the branch who is alleged to have extracted 850,000 euros from 10 bank customers between 2013 and 2015.
Gov't to sound out next US administration at NY event
The 18th annual Greek Investor Forum takes place on December 12 at the Metropolitan Club of New York, organized by Capital Link in association with the New York Stock Exchange. Guest of honor at the event will be Wilbur Ross, senior financial adviser to the new president and future secretary of commerce.
Greece's Piraeus Bank appoints new board chairman
Piraeus Bank, Greece's largest lender, has appointed George Handjinicolaou as its new board chairman, it said on Tuesday.
Handjinicolaou, who is taking over immediately, was most recently deputy chief executive officer at the London-based International Swaps and Derivatives Association (ISDA), Piraeus said in a statement.
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Tax inspectors being very slow checking lists
The lists of possible tax dodgers at the monitoring authorities' disposal are being checked at a particularly slow rate, according to data released on Thursday by Alternate Finance Minister Tryfon Alexiadis.
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17 Greek businesses meet foreign Funds
The 11th Annual Greek Roadshow, organized by the Athens Stock Exchange, is taking place in London with 27 of the largest Greek companies attending the three-day event. Participants get to meet with representatives of foreign funds at the facilities of the Bloomberg agency.
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Agrobanka shareholders: Government failed to resolve affair
Agrobanka shareholders say the Serbian government has not made a single step in four years to resolve the scandal surrounding the bank, and compensate them.
Financial prosecutors’ raid on UBS Athens reveals about 200 tax dodgers
A raid by financial prosecutors on UBS in Athens on Friday revealed about 200 depositors who were included in the list sent by tax authorities of North Rhine-Westphalia which aimed to help find a large-scale tax evasion.