Alte stiri din categoria: BANCI



Ultima Ora

Citi seeks more than $60 billion in damages

Citi today announced it has filed a complaint against Wachovia Corporation, Wells Fargo & Co, and the directors of both companies. In the complaint brought on Saturday October 4th and filed with the Supreme Court of the State of New York today, Citi is seeking more than $20 billion in compensatory damages and more than $40 billion in punitive damages from Wells Fargo for tortious interference with Citi’s contract with Wachovia. Citi is seeking relief from Wachovia for its bad faith breach of that contract. The complaint is attached. Citi commented: “Seven days ago, in the hours before the markets opened, Citi agreed to the government’s request to assist with a rescue of Wachovia after Wells Fargo walked away from Wachovia. This was always a deal Citi wanted rather than one we detalii

Ultima Ora

Erste Group – adjusting 2008 net profit outlook to reflect current financial market environment

• Net profit is expected to increase by more than 50% including the contribution from the sale of the insurance business • Operating profit expected to grow by about 15% in 2008 • 2008 funding plan completed ahead of schedule and at lower than expected cost and supported by strong deposit growth • Tier 1 ratio to reach historic high of about 8% at YE 2008 • Tangible equity set to increase to EUR 10bn at YE 2008 • Risk costs confirmed at max 70bps of average customer loans • Year-to-date customer loan growth is fully funded by customer deposit growth Based on the substantial deterioration in the financial market environment and the increasing uncertainty regarding the global economic outlook, Erste Group Bank AG is adjusting its net profit growth outlook for 2008, said the bank detalii

Ultima Ora

UniCredit: Standard & Poor's confirms long-term and short-term rating, changes outlook to negative

Unicredit communicates that the rating agency Standard & Poor’s has confirmed long-term and short-term rating (“A” and “A-1”) of UniCredit. Standard & Poor’s has changed to negative from stable the outlook for UniCredit, for its Italian subsidiaries – UniCredit Banca per la casa Spa, UniCredit Corporate Banking Spa, UniCredit MedioCredito Centrale Spa, Locat Spa – and on HVB Luxembourg, HVB in Germany, Bank Austria and UniCredit CAIB AG. Standard & Poor’s explains its decision with a “downward revision of earnings expectations” which UniCredit communicated yesterday, on the same day it announced the approval of extraordinary measures to strengthen its capital ratios. The rating agency also underlines that “the ratings continue to reflect UniCredit’s solid franchise in Italy, detalii

Opinie

Guvernul si BNR ar trebui sa ia mai repede masura garantarii tuturor depozitelor din banci

Mugur Isarescu si premierul Tariceanu ar fi trebuit sa declare astazi, dupa intalnirea avuta pe tema crizei financiare mondiale, ca si Romania va garanta suta la suta depozitele populatiei in banci. Mai exact, rambursarea tuturor depozitelor, pentru ca ele sunt garantate teoretic, insa Fondul de Garantare nu are resurse pentru rambursarea acestora, in cazul falimentului unei banci mari. Ar fi fost o decizia fireasca, in conditiile in care state mult mai puternice precum Germania, Irlanda şi Danemarca au anunţat că vor garanta integral depozitele constituite la bănci. Altele precum, Austria, au decis să majoreze plafonul de garantare, iar Suedia a anunţat că va ridica acest plafon la un nivel de două ori mai mare decât cel actual. Doar detalii

 



 

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