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1d
Reuters
Greek economy grows in second quarter, strong rebound elusivehad a downward revision but it is encouraging that GDP recorded positive growth
Greek economy grows in second quarter, strong rebound elusive
Reuters / Posted yesterday
had a downward revision but it is encouraging that GDP recorded positive growth on a quarterly basis," said Eurobank economist Platon Monokroussos. "Overall, a milder than initially expected contraction in the first half points to a... Read more
4d
Swissinfo
UBS Sees German Wealth Hub Lowering Capital Needs by BillionsZurich-based bank has restructured its IT platform in Germany to streamline ser
UBS Sees German Wealth Hub Lowering Capital Needs by Billions
Swissinfo / Posted 4 days ago
Zurich-based bank has restructured its IT platform in Germany to streamline services across the region once the so-called Eurobank is complete. Switzerland isn’t part of the EU, forcing lenders to service clients through hubs within the region.... Read more
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18d
express
Greek banks offer higher interest rates in desperate bid to bring back BILLIONS of eurosGreece's vaults, the figure is up by about 17 billion euros from late 2014, mea
Greek banks offer higher interest rates in desperate bid to bring back BILLIONS of euros
express / Posted 18 days ago
Greece's vaults, the figure is up by about 17 billion euros from late 2014, meaning there is money to be lured back. Rival Eurobank offers similar rates on three and six-month new time deposits. Savers inclined to deposit large amounts of cash may... Read more
20d
Newsmax
Wilbur Ross: Trump's Economic Pitch Was 'Terrific'buyouts and distressed businesses, leads a group of investors who last year pou
Wilbur Ross: Trump's Economic Pitch Was 'Terrific'
Newsmax / Posted 20 days ago
buyouts and distressed businesses, leads a group of investors who last year poured 1.3 billion euros ($1.47 billion), into Eurobank Ergasias, the third-largest bank in Greece, the New York Times said. (Newsmax wire services contributed to this... Read more
22d
Market Watch
PCP Capital seeks to invest $2 bln in Greek loansto help out. Earlier this year U.S. private equity group KKR & Co. signed an ag
PCP Capital seeks to invest $2 bln in Greek loans
Market Watch / Posted 22 days ago
to help out. Earlier this year U.S. private equity group KKR & Co. signed an agreement with Greece's Alpha Bank and Eurobank to manage up to EUR1.2 billion of their problem loans. The country's largest lender, Piraeus, is planning to strike... Read more
26d
EuroNews
Monte dei Paschi bank 'about to fall out of top share listing'the quarterly STOXX review on Aug 23 with the reshuffle effective on September
Monte dei Paschi bank 'about to fall out of top share listing'
EuroNews / Posted 26 days ago
the quarterly STOXX review on Aug 23 with the reshuffle effective on September 19. Besides Monte Paschi, Exane said the “highly likely” deletions would be Banco Comercial Portugues, Unipol Gruppo Finanziario, Thomas Cook, Eurobank Ergasias and... Read more
26d
AllAfrica.com
Portfolio Investment Hits Sh10 Trillionassets in the hands of Shah Munge & Partners stockbrokers. The company went un
Portfolio Investment Hits Sh10 Trillion
AllAfrica.com / Posted 26 days ago
assets in the hands of Shah Munge & Partners stockbrokers. The company went under in 2002 when it deposited the money in Eurobank that subsequently collapsed. Kenya's National Social Security Fund lost about Ksh250 million (about 5.25 billion on... Read more

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