Tag: First group
Commerzbank wants to expand foreign business with corporate customers
Commerzbank headquarters The institute has been looking for a new head of risk for over a year. (Photo: dpa) Frankfurt At Commerzbank, discussions on the strategy for the coming years…
The Austrian Bernd Spalt will be the new head of risk
Commerzbank headquarters The institute has been looking for a new head of risk for over a year. (Photo: dpa) Frankfurt After Thomas Schaufler and Sabine Mlnarsky, Commerzbank has signed another…
European banks will start their own payment service in 2024
Pay by smartphone The European Payments Initiative (EPI) plans to start mobile-to-mobile payments in 2024, with other mobile payments to follow. (Photo: Moment/Getty Images) Frankfurt A new alternative to Visa…
Coachhub wants to become the global market leader
Berlin Coaching has meanwhile found its way into the business world. Employees as well as managers receive personal advice on a regular basis. At least since the corona pandemic, this…
Viktor Orban throws gas market into chaos
Hungary’s Prime Minister Viktor Orban Gasoline consumption in Hungary increased by 20 percent in the first half of 2022. (Photo: Reuters) Vienna No politician wants to mess with drivers. This…
Hungary: Small business owners rehearse uprising
Small business owners demonstrate on a bridge in Budapest So far, small businesses have benefited from a tax reform from 2013. (Photo: AP) Vienna In Hungary, small business owners are…
Sabine Mlnarsky becomes Head of Human Resources – Chromik leaves
Sabine Mlnarsky The 47-year-old lawyer will be the new Chief Human Resources Officer at Commerzbank. (Photo: dpa) Frankfurt The backing of chairs on the Commerzbank board continues: the supervisory board…
Erste Group appoints ex-Bank Austria boss Cernko as new boss
Vienna Austria’s largest bank Erste Group has found a successor for the outgoing CEO Bernhard Spalt. The supervisory board has looked after the current corporate customer board member of the…
Steel manufacturer relies on hydrogen instead of coal
Leoben The plant is smaller than a single-family house and stands somewhat lost on the huge steelworks site in Leoben in Styria. But for the Austrian Voestalpine, the future belongs…
EU states are demanding changes to Russia sanctions
Vienna Hungary versus the EU: This conflict has also flared up over the question of an oil embargo against Russia – and Hungary’s government seems to be celebrating the dispute…
Commerzbank: head of private customers sees rising interest rates
Thomas Schaufler, Board Member for Private Customers at Commerzbank The newcomer previously worked at Erste Group in Austria. (Photo: Commerzbank, Alexandra Lechner) Frankfurt Since April of last year, the interest…
Prime Minister grabs his bag of tricks ahead of Hungary’s elections
Vienna Rising inflation rates, and of all things before the April 3 elections: the past few weeks could hardly have gone worse for Hungary’s Prime Minister Viktor Orbán. In February,…
How Viktor Orban fuels the economy with election gifts
Victor Orban Hungary’s prime minister is fighting for re-election – with questionable means. (Photo: Reuters) Vienna Whether or not Hungary will receive money from the EU’s recovery plan after the…