Under the new agreement, which replaces one that had been in place since 2000 governing Bank Austria’s functions in the HVB Group, Bank Austria will manage, within the UniCredit Group’s guidelines, ...
The HVB Group operates the leading banking network in 16 CEE countries and was awarded "Bank of the Year in Central and Eastern Europe," by The Banker and also "Best Bank in CEE" by Euromoney in 2004.
Germany's second-largest bank HVB said Thursday it would sell a 25 percent stake in its Bank Austria subsidiary ro raise capital and would cut another 2,000 jobs, or 3 percent of its work force, to ...
Andrea Orcel is tactically very skilled. In his bid to take over Commerzbank, the CEO of Unicredit is also bringing the German subsidiary HypoVereinsbank (HVB) into play. According to him, this would ...
MILAN (Reuters) - UniCredit , Italy's biggest lender by assets, expects Europe's banking union to free up 7 billion euros ($9.4 billion) of capital from its German subsidiary HVB as capital ...
There were many bold and audacious cross-border M&A propositions in 2005, some of which didn’t quite come off. Chinese oil company CNOOC’s $18.5 billion bid for Unocal of the US is a prime example.
Hungarian bank OTP announced that it submitted a preliminary bid for the acquisition of 99.75% stake in HVB Splitska banka on Friday. Reportedly, the central bank has advised Italian, German and ...
FRANKFURT, July 31 (Reuters) - HypoVereinsbank, the German arm of Italy's UniCredit CRDI.MI , said on Thursday that an internal probe concluded that the bank had conducted "cum-ex" transactions, also ...
FRANKFURT (MarketWatch) -- UniCredit SpA's (UC.MI) HVB Group AG (HVM.XE) may want to use the "financial power" it has acquired from asset sales to make acquisitions, Chief Executive Wolfgang Sprissler ...
MILAN (Reuters) - UniCredit , Italy's biggest lender by assets, expects Europe's banking union to free up 7 billion euros ($9.4 billion) of capital from its German subsidiary HVB as capital ...