325 result(s) for bank chief
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 ...
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.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Lazar Names Govt Agencies Impacted By Brokerage Scandals
- 2 Apr 2015 5:00 AM
- business
Cabinet chief János Lázár has mentioned the Prime Minister’s Office, the foreign ministry, the agricultural ministry, as well as a number of local governments as agencies that had financial dealings with brokerage companies. Lazar referred to a 17 billion forint (EUR 56m) loan granted by the Hungarian Development Bank under a previous, Socialist, government to now bankrupted Quaestor, as the ...
Opposition Demands Names In Quaestor Case
- 2 Apr 2015 5:00 AM
- current affairs
The leftist opposition Democratic Coalition (DK) has called on the chief public prosecutor and the central bank governor to name politicians who invested funds in the bankrupt brokerage firm Quaestor. DK spokesman Zsolt Gréczy - pictured - insisted that politicians of ruling Fidesz and government members may have eased Quaestor into investments and received a commission in return.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Investigation On Suspicion Of Embezzlement In Buda-Cash Case In Hungary
- 2 Mar 2015 8:00 AM
- business
An investigation of an unknown perpetrator suspected of embezzling funds has been launched in the case of Buda-Cash, a lawyer for the brokerage’s chief executive said on commercial television.
Gabriella Veres, Former CitySIM Company Representative
- 16 Feb 2015 11:00 AM
Gabriella Veres, the Chief Business Development Officer of CitySIM studied at Kodolányi János University and got Economics degree in Tourism. She also studied Communications at the University afterwards.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
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 ...
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.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
Lazar Names Govt Agencies Impacted By Brokerage Scandals
- 2 Apr 2015 5:00 AM
- business
Cabinet chief János Lázár has mentioned the Prime Minister’s Office, the foreign ministry, the agricultural ministry, as well as a number of local governments as agencies that had financial dealings with brokerage companies. Lazar referred to a 17 billion forint (EUR 56m) loan granted by the Hungarian Development Bank under a previous, Socialist, government to now bankrupted Quaestor, as the ...
Opposition Demands Names In Quaestor Case
- 2 Apr 2015 5:00 AM
- current affairs
The leftist opposition Democratic Coalition (DK) has called on the chief public prosecutor and the central bank governor to name politicians who invested funds in the bankrupt brokerage firm Quaestor. DK spokesman Zsolt Gréczy - pictured - insisted that politicians of ruling Fidesz and government members may have eased Quaestor into investments and received a commission in return.
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Investigation On Suspicion Of Embezzlement In Buda-Cash Case In Hungary
- 2 Mar 2015 8:00 AM
- business
An investigation of an unknown perpetrator suspected of embezzling funds has been launched in the case of Buda-Cash, a lawyer for the brokerage’s chief executive said on commercial television.
Gabriella Veres, Former CitySIM Company Representative
- 16 Feb 2015 11:00 AM
Gabriella Veres, the Chief Business Development Officer of CitySIM studied at Kodolányi János University and got Economics degree in Tourism. She also studied Communications at the University afterwards.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]