Amundi takes over robo-adviser Savity in digital push
Amundi Austria has acquired robo-adviser Savity, which provides access to professional asset management services to retail clients. Financial terms of…
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Raiffeisen likely to shutter Russian operations after Ukraine invasion
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict Austrian lender…
Credit Suisse to retreat from Austrian wealth management space
Credit Suisse has decided to pull out from the domestic wealth management business in Austria following a strategic business assessment.…
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LGT inks deal to buy Austrian wealth management business of UBS
Liechenstein-based private bank LGT has agreed to buy the domestic wealth management business of UBS in Austria for an undisclosed…
ECB annuls Anglo Austrian AAB Bank licence
European Central Bank has revoked the licence of Austrian lender Anglo Austrian AAB Bank over compliance lapses and money laundering…
Founder buys back C-Quadrat Investment from Chinese HNA
Austrian asset management firm C-Quadrat’s founder Alexander Schütz has acquired a majority stake in the firm together with board member…
LLB (Österreich) names new chief
Liechtensteinische Landesbank (Österreich), the Austrian subsidiary of Liechtensteinische Landesbank (LLB), has appointed Robert Löw as its new CEO. Löw will…
LGT deploys Avaloq Banking Suite in Austria
LGT, a private bank and asset manager owned by the Princely Family of Liechtenstein, has gone live with the Avaloq…