3,302 result(s) for bank
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Varga Discusses IMF, EC Hungary Country Reports
- 20 Apr 2015 9:00 AM
- business
At talks in Washington, DC, Economy Minister Mihály Varga discussed Hungary’s country reports by the International Monetary Fund (IMF) and the European Commission, and Hungary’s potential involvement in the World Bank Group’s development schemes. Varga attended the 2015 Spring Meetings of the World Bank Group and the IMF.
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
PM's Office: "We Must Be Better Hungarians"
- 19 Apr 2015 9:00 AM
- current affairs
In a speech given on the Memorial Day for Hungarian Victims of the Holocaust, János Lázár said that “the nation is more than just a community of interests: the nation is a community of fates”. (You can turn the English subtitle on by clicking on the "captions" icon at the right bottom of the video.)
Hungary Could Become AIIB Member In H2 2015
- 16 Apr 2015 9:00 AM
- current affairs
Hungary could become a member of the Asian Infrastructure Investment Bank (AIIB) in the second half of this year, Foreign Minister Péter Szijjártó said. Hungary will not be a founding member but has applied to be an ordinary member, he told MTI after the list of founding members was finalised.
Holocaust Memorial Day In Hungary
- 16 Apr 2015 3:00 AM
- community & culture
Hungary cannot stand “mute and helpless” over the spreading of “evil ideas”, János Lázár, the head of the prime minister’s office, said, addressing a commemoration marking Hungary’s Holocaust Memorial Day. After what happened at the Danube embankment in the winter of 1944—when Jews were shot into the river—and in Auschwitz “there can be no such thing as innocent anti-Semitism, anti-Gypsy ...
Hungarian Parliament Approves Law On Compensation For Quaestor Victims
- 15 Apr 2015 9:00 AM
- business
Parliament approved a law on setting up a fund to compensate people who suffered losses because of the bankruptcy of brokerage firm Quaestor. In line with the law approved with 185 votes for and 5 against, compensation can be claimed between May 6 and June 5.
Xpat Opinion: Leaders Avoid Losses, But May Pay At The Polls
- 15 Apr 2015 9:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: When Quaestor investment house went bust, so did a lot of hard−working people. The government and Győr’s football team were unscathed, but many ordinary citizens were not.
Hungary’s Economy Minister Conveys Govt Comments On EC Report
- 15 Apr 2015 3:00 AM
- current affairs
Economy Minister Mihály Varga at talks in Brussels with Jonathan Hill, EU commissioner for financial stability, financial services and capital markets union, addressed the European Commission’s country specific recommendations as well as a proposal for a union of capital markets.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Varga Discusses IMF, EC Hungary Country Reports
- 20 Apr 2015 9:00 AM
- business
At talks in Washington, DC, Economy Minister Mihály Varga discussed Hungary’s country reports by the International Monetary Fund (IMF) and the European Commission, and Hungary’s potential involvement in the World Bank Group’s development schemes. Varga attended the 2015 Spring Meetings of the World Bank Group and the IMF.
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
PM's Office: "We Must Be Better Hungarians"
- 19 Apr 2015 9:00 AM
- current affairs
In a speech given on the Memorial Day for Hungarian Victims of the Holocaust, János Lázár said that “the nation is more than just a community of interests: the nation is a community of fates”. (You can turn the English subtitle on by clicking on the "captions" icon at the right bottom of the video.)
Hungary Could Become AIIB Member In H2 2015
- 16 Apr 2015 9:00 AM
- current affairs
Hungary could become a member of the Asian Infrastructure Investment Bank (AIIB) in the second half of this year, Foreign Minister Péter Szijjártó said. Hungary will not be a founding member but has applied to be an ordinary member, he told MTI after the list of founding members was finalised.
Holocaust Memorial Day In Hungary
- 16 Apr 2015 3:00 AM
- community & culture
Hungary cannot stand “mute and helpless” over the spreading of “evil ideas”, János Lázár, the head of the prime minister’s office, said, addressing a commemoration marking Hungary’s Holocaust Memorial Day. After what happened at the Danube embankment in the winter of 1944—when Jews were shot into the river—and in Auschwitz “there can be no such thing as innocent anti-Semitism, anti-Gypsy ...
Hungarian Parliament Approves Law On Compensation For Quaestor Victims
- 15 Apr 2015 9:00 AM
- business
Parliament approved a law on setting up a fund to compensate people who suffered losses because of the bankruptcy of brokerage firm Quaestor. In line with the law approved with 185 votes for and 5 against, compensation can be claimed between May 6 and June 5.
Xpat Opinion: Leaders Avoid Losses, But May Pay At The Polls
- 15 Apr 2015 9:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: When Quaestor investment house went bust, so did a lot of hard−working people. The government and Győr’s football team were unscathed, but many ordinary citizens were not.
Hungary’s Economy Minister Conveys Govt Comments On EC Report
- 15 Apr 2015 3:00 AM
- current affairs
Economy Minister Mihály Varga at talks in Brussels with Jonathan Hill, EU commissioner for financial stability, financial services and capital markets union, addressed the European Commission’s country specific recommendations as well as a proposal for a union of capital markets.