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Erste Group Bank AG (0MJK.IL)

IOB - IOB Delayed price. Currency in EUR
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29.62-0.46 (-1.55%)
At close: 06:29PM BST
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  • Reuters

    Erste CEO will not renew contract due to conflict on strategy

    Austria's largest bank Erste Group said on Friday that CEO Bernd Spalt would not renew his contract, which runs until June 30, 2023, due to "differing opinions on the future, long-term strategic orientation of the group". Erste did not specify what the differences in opinions were. The bank said its supervisory board would start the replacement process for its CEO after the lender's annual general meeting on May 18, 2022, and Spalt would continue to manage Erste until further notice.

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  • Bloomberg

    Trade Republic Plans Hiring Spree After Reaching $5 Billion Valuation

    (Bloomberg) -- Most Read from BloombergOttawa Declares Emergency After Protests Spin ‘Out of Control’Redistricting Is Taking the Swing Out of U.S. Swing StatesAdults Back in Charge of Stock Market as Fed Awakens Big MoneyAmazon Prime Fee Rising to $180, Not $139, for Many MembersJoe Manchin Predicts Passage for U.S. Electoral Reform ActBerlin-based broker app Trade Republic Bank GmbH, co-founded by former Merrill Lynch banker Christian Hecker, is going on a hiring spree after being valued at ove