BROKERAGE
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Bancpost To Take Over Brokerage Activity Of Eurobank Securities
Romanian lender Bancpost will take over the brokerage activity of firm Eurobank Securities, both part of Greek group Eurobank.
UniCredit CAIB Securities To Shut Down By Year-end
Italy’s financial group UniCredit will shut down its Romanian brokerage unit UniCredit CAIB Securities, most likely by the end of the year, the Romanian firm said Tuesday.
Who Stands To Gain From ING’s Exit From Bucharest Stock Market?
Wood&Company climbed to the top of the Bucharest Stock Exchange brokerage firms’ ranking for the first time in October, after ING Bank’s departure, but the traded value reached the past two...
Negritoiu, ING: Brokerage Closure Has Nothing To Do With The Bank’s Development, Growth Is Still The Plan
Dutch ING will pursue expansion of its commercial bank structure, despite giving up brokerage on the Romanian capital market.
What Lies Behind The Exit Of Bucharest Stock Market's Largest Foreign Investor
Why aren’t OMV Petrom’s (SNP.RO) shares rising, while the company posts record-high profits? Why have BRD’s (BRD.RO) shares fallen so much, while the shares of other banks rose? The explanat...
Bucharest Stock Exchange Left Reeling After Major Broker ING Leaves Market
The Bucharest Stock Exchange is left without one of its largest brokers after ING announced on Monday it is shutting down brokerage operations on several markets. Competition is not happy ab...
ING To Shut Down Romanian Brokerage Operations
Dutch financial group ING will close down its brokerage operations in Romania, as part of a larger restructuring strategy that includes divesting brokerage and related businesses at all its...
Asset Managers Beat Brokerage Firms In 2011
The revenue of the brokerage firms dropped to one third of the 2007 level last year, while asset managers’ rose 2.4 times. The 21 asset managers collected 96 million lei (EUR21 million) comp...
UniCredit Tiriac Bank Absorbs UniCredit CAIB Securities Division
Romania’s UniCredit Tiriac Bank will integrate the operations of its brokerage arm UniCredit CAIB Securities in a move to optimize the use of its local resources, the lender said in a statem...