Austria's Erste says will not leave Hungary

Foreign banks which have units in Hungary include Austria's Raiffeisen and Erste, Italian lender Intesa Sanpaolo and Unicredit, Belgium's KBC , German bank Bayern LB, Citi and the banking arm of General Electric.


Austria's Liebscher sees Hypo bad bank decision in Q1

The head of an Austrian task force handling ailing Hypo Alpe Adria wants the government to decide in the first quarter on what kind of "bad bank" could absorb toxic assets from the nationalised lender.


HSBC considers floating UK banking business

The British government said in October that it would accelerate the process of splitting up any bank that tries to circumvent new rules designed to ringfence their retail operations from riskier investment banking activities.


BNP Paribas Group acquires Bank BGZ in Poland

This transaction is expected to have a minor impact (around -15 basis points) on BNP Paribas Group’s Basel III Common Equity Tier 1 ratio and to immediately have an accretive effect on its net income per share (2013 pro-forma).


The Banker awards RBI again as Bank of the Year in CEE

Five RBI subsidiaries, Priorbank in Belarus and the Raiffeisen Banks in Croatia, Kosovo, Romania and Serbia had also reason to be happy last night, having received the local title as "Bank of the Year" in their respective countries.