UBS

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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