The banking division is also planning to outsource property management and internal mail services. The move is expected to affect over 300 professionals. Through the move, the bank aims to save approximately U.S.$39 million annually. In addition, the bank aims to consolidate over 7,000 back-...
Bayerische Vereinsbank became the first German bank to introduce telephone banking nationwide, and it also launched an online banking service that enabled customers to access their accounts and make transactions via their home computers. In 1996 the bank introduced a new direct online bank called ...
The article reports that HVB, the banking unit of UniCredit in Germany, is expecting to take write-downs related to the credit crisis in the first quarter of 208. Chief executive officer (CEO) Wolfgang Sprissler asserted that valuation adjustments will be made to the securities portfolio. In ...
Explores the implication of the merger bid of UniCredito Italiano SpA for the HBV Group on the banking sector in Germany. Likelihood for foreign institutions to invest in German banks; Concerns raised by foreign clients in the area of labor and employment relations; Speculation about the tendency...
As a result of the agreement, Bank Austria will take over the banking subsidiaries and branches of UniCredit and HVB in this region. Bank Austria representatives believe that the merger will strengthen the bank's position in central and eastern Europe.Wells...
Banking company HVB Real Estate investment banking has arranged a loan of more than € 1.5 billion to Dutch property investor Uni-Invest Holding. The structured term loan is one of the largest ever to be made in the European property sector. It will also be one of the last to be made ...
HVB: eyeing up partners.Reports on the merger prospects for the Germany-based banking company, HypoVereinsbank. Trends in the banking sector; Business losses; Financial performance; Effects of market trends and competition.EBSCO_bspMarketwatch Financial Services...
This will prove a boost not only for UniCredito, but for banking in the emerging markets of central and eastern Europe in particular, within which the newly merged entity is likely to be a key player. The merger will create a Europe-wide financial powerhouse with over 28 million customers ...
and Société General Corporate & Investment Banking have joined Standard Bank London Ltd. as mandated lead arrangers on the $100 million package for Iran Khodro, the Iranian car manufacturer. Emirates Bank has also joined as lead arranger. The dual currency facility has a term of three years ...
Aim of HVB Real Estate Investment Banking; Head of the group; Factor which influenced the company's decision to extend services into investment banking advice.EBSCO_bspEstates Gazette