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Home | Erste turns profit into loss |
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Erste turns profit into loss
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- October 10, 2011
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Having given up on a speedy resolution of Europe’s sovereign debt crisis, Erste Group says is has taken radical action to prepare for a prolonged period of uncertainty. The Austrian bank has addressed various eurozone exposures and is expecting one-off charges to turn profit of around €700 million for the first three quarters of 2011 [...]
- Read more at:http://www.bankingtimes.co.uk/2011/10/10/erste-turns-profit-into-loss/
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