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Bancpost prepares to sell pensions and bonds
The shareholders of Bancpost, the sixth largest bank on the market, have decided in favour of having the institution's business expand by including the distribution of fund units of pension...
Piraeus grants 702m-euro credits and gains 4.5m euros
Piraeus Bank last year witnessed a 4.5 million-euro gross profit, almost triple the level seen in 2005, according to data published in Athens. Parent bank Piraeus Bank Greece reported assets...
Top foreign banks come in search of private and investment banking clients
Old names of the European banking industry - the Royal Bank of Scotland (UK), established 1727 and Lombard Odier Darier Hentsch Private Bank Limited (Switzerland), established 1796, as well...
Stock Exchange and brokers rebel against inconsistent taxation
The Bucharest Stock Exchange (BSE) will suspend normal trading for one hour today in protest against the inconsistency of the fiscal legislation in terms of the taxes investors have to pay....
KFC and Pizza Hut post 27m-euro turnover
The Pizza Hut and KFC restaurant chains estimate they will derive cumulated turnover worth 38 million euros this year. "Pizza Hut derived turnover worth 7 million euros in 2006, 20% up compa...
BT and Aegon to invest 5m euros in private pensions company
Banca Transilvania and Dutch life insurance company Aegon will invest five million euros in a company that manages mandatory private funds (The 2nd Pillar), which will start its activity in...
Bulboaca and Partners to take on top 10 in 2008
Adrian Bulboaca, the lawyer who left the local office of Linklaters, the world's second largest law firm, at the end of last year, has started to build his own team in an attempt to become o...
Daw Benta expects 21m euros from varnishes and paints
The producer of paint and varnish, Daw Benta, based in Mures county, estimates a 21 million-euro turnover this year, an approximately 30% increase against last year, when the company saw a 1...
Paul Kengor - The Crusader: Ronald Reagan and the Fall of Communism
Paul Kengor - The Crusader: Ronald Reagan and the Fall of Communism