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Bawag PSK linked to collapse at Refco
International Herald Tribune; Mar 25, 2006; 567 Words ...International Herald Tribune 03-25-2006 Bawag PSK Bank of Austria used offshore companies...in 2000, officials said Friday.Bawag shifted the losses, equivalent to...over in January as chief executive of Bawag, based in Vienna, after the resignation...
BAWAG finally bags PSK.(Bank fur Arbeit and Wirtschaft, Osterreichische Postsparkasse)(Brief Article)
The Banker; Oct 1, 2000; 677 Words ...Arbeit und Wirtschaft (BAWAG) won the auction to sell...Osterreichische Postsparkasse (PSK), Austria's postal...was supported by both of BAWAG's major shareholders...the Austrian market. BAWAG is the fourth largest...Erste Bank and RZB, with PSK at number five.
BAWAG Settles Refco-Related Charges
Daily News; Jun 6, 2006; ; 700+ Words ...Bennett, a company he controlled, and the Austrian bank BAWAG PSK. Now BAWAG has sought to make amends for its role in the scandal...investors leading a securities fraud lawsuit against BAWAG for its role in Refco's collapse. BAWAG has pledged...
VocaLink and BAWAG P.S.K. on Track to Launch SEPA Direct Debit Pilot.
PR Newswire Europe; Sep 15, 2008; 700+ Words ...welcomed by the EPC. Joseph Laughlin, BAWAG P.S.K. adds, The SDD pilot will...demonstrate to our corporate customers that BAWAG PSK is ahead of the market and delivering...a real impact with our customers. BAWAG P.S.K. is already a customer...
COMMISSION CLEARS ACQUISITION OF AUSTRIA'S POSTSPARKASSE BY BAWAG.
European Report; Nov 11, 2000; 700+ Words ...Postsparkasse Aktiengesellschaft (PSK). Bawag and PSK are currently the country...part of the programme to privatise PSK: Bawag will acquire the majority of the...Aktiengesellschaft.After the merger, Bawag/PSK will be the third largest competitor...
Refco settlement still eludes Bawag MARKETPLACE by Bloomberg
International Herald Tribune; May 2, 2006; ; 603 Words ...International Herald Tribune 05-02-2006 Bawag PSK Bank, an Austrian lender, said Monday...talks failed in London. Creditors and Bawag are still interested in reaching an...Phillip Bennett, transferred to Bawag, which is based in Vienna. Judge...
Bawag to Pay $675M to Settle Refco Charges
AP Online; Jun 5, 2006; ; 563 Words ...2006 Dateline: NEW YORK Austria's Bawag PSK bank and the Austrian Trade Unions Association, which owns Bawag, have agreed to pay at least $675...announced Monday. The deal calls for Bawag to forfeit $337.5 million to the...
Austrian Bawag Bank aims to sell its Czech, Slovak subsidiaries.
Czech Business News; Oct 17, 2007; 700+ Words ...INTERFAX CENTRAL EUROPE - Austrian Bawag Bank PSK intends to sell its small Czech and Slovak subsidiaries, Czech Bawag Bank and Slovak Istrobanka, the...areas. This does not mean that Bawag PSK will withdraw from CEE markets...
AUSTRIA: BAWAG IS SOLD TO U.S. FUND CERBERUS FOR 3.2 BILLION EURO
US Fed News Service, Including US State News; Dec 18, 2006; 644 Words ...news release: The battle to acquire BAWAG/PSK has been decided. The syndicate...the remaining 600 million euro to BAWAG. This ensures the survival of the...Caribbean and Refco, which threw BAWAG into disarray this spring. Without...
BAWAG may seek state aid.
Global Banking News (GBN); Mar 13, 2009; 388 Words ...Global Banking News-13 March 2009-BAWAG may seek state aid(C)2009 ENPublishing...local magazine, Austria-based BAWAG-PSK is planning to seek state aid. It...expected to be completed by April. BAWAG PSK is expected to ask for easier finance...
BAWAG RESCUE AID APPROVED.(Bawag-P.S.K.)(Brief article)
European Report; Jun 28, 2007; 508 Words ...million aid granted to rescue the failing Austrian bank BAWAG-PSK was legal. The aid was granted in 2006 under a special law, BAWAG PSK Sicherungsgesetz, to stop the bank from going into liquidation...
BAWAG Launches First Retail Market Hedge Fund-of-Funds To Meet New European Transparency Regulations.
PR Newswire; Mar 3, 2004; 700+ Words ...hedge fund-of-funds, BAWAG and BAWAG P.S.K. INVEST GmbH today announced...Steinboeck, Managing Director of BAWAG PSK INVEST GmbH. He continued, "Standard...Fund Index (S&P HFI) allows BAWAG to provide its investors with updated...
Austrian watchdog to monitor Bawag tiesMOVERSMARKETPLACE by Bloomberg
International Herald Tribune; Mar 21, 2006; 249 Words ...that it would scrutinize ties between Bawag PSK Bank and six firms based in Anguilla...that they held unregistered bonds for Bawag in offshore accounts at Refco, which...said. Officials of the authority and Bawag's chief executive, Ewald Nowotny...
BAWAG in talks to seek state aid.
Auto Business News (ABN); Dec 5, 2008; 397 Words Auto Business News-5 December 2008-BAWAG in talks to seek state aid(C)2008 ENPublishing - http...enpublishing.co.uk According to Reuters, Austria-based BAWAG PSK bank, owned by Cerberus Capital (CBS.UL), is believed...
BAWAG bank to get state aid soon.
Global Banking News (GBN); Aug 25, 2009; 401 Words Global Banking News-25 August 2009-BAWAG bank to get state aid soon(C)2009 ENPublishing - http...Publishing - http://www.enpublishing.co.uk Austria-based BAWAG PSK, owned by Cerberus Capital (CBS.UL), is to receive state...
BAWAG swings to profit in H1 '09.
ADP News Austria; Aug 28, 2009; 408 Words (ADPnews) - Aug 28, 2009 - Austrian bank BAWAG PSK, owned by US Cerberus, said Friday it booked a net profit...million a year earlier. From today's point of view, BAWAG expects to be in the black for the whole 2009, despite...
Austrian BAWAG to receive state support, may face partial nationalisation.
ADP News Austria; Aug 25, 2009; 460 Words (ADPnews) - Aug 25, 2009 - Austrian bank BAWAG PSK, owned by US Cerberus, is to receive a capital injection from the state of some EUR 550 million (USD 786.198m) provided it...
Enterasys Secure Networks Protects Customer and Financial Data for Austria's Fourth-Largest Bank.
Business Wire; Sep 7, 2004; 700+ Words ANDOVER, Mass. -- BAWAG-PSK depends on Dragon Intrusion Detection...Company(TM), today announced that BAWAG-PSK, the fourth-largest bank in Austria...even more critical priority for BAWAG-PSK. In response to the looming threat...
Interfax Czech Republic Business Daily.
Czech Republic Business Report Daily; Dec 20, 2006; 700+ Words ...announcement from the sole shareholder of BAWAG PSK - the Austrian Trade Union Association (OGB) - that BAWAG PSK would be sold to a consortium of...is based on its 100% ownership by BAWAG PSK and its likely support from the latter...
Moody's reviewing Slovak bank Istrobanka's "Aa2.sk" rating for possible downgrade.
Czech Business News; Dec 20, 2006; 700+ Words ...announcement from the sole shareholder of BAWAG PSK - the Austrian Trade Union Association (OGB) - that BAWAG PSK would be sold to a consortium of...is based on its 100% ownership by BAWAG PSK and its likely support from the latter...
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