Tag: first group
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From shares to rent: what Austrians (don’t) know about finance
Who is to blame when rising interest rates eat into revenue? “The evil banks,” say politicians and consumer advocates. “The lack of...
Promotion delayed – Ex-Magenta boss Bierwirth leaves Erste Group
First Group Manager Andreas Bierwirth turns his back on the bank. The former Magenta boss, who joined the money house in 2022 and...
Reaction to inflation – local banks raise rates, some sharply
Costs for checking accounts, ATM cards and other services are rising. The banks respond to inflation. Contracts linked to the consumer price...
ATX slips – banks are under strong pressure: unrest on the Vienna stock exchange
The banks have once again come under strong selling pressure and are having a noticeable effect on the domestic stock market. The Vienna...
Forecast – the economy will improve, but inflation will remain
Oberbank general Franz Gasselsberger in the "Krone" interview: The economy is growing more than expected and interest rates are also rising. However, there...
