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Tag Archives: HFSF

Greek tax investigators raid home of ex UBS-Boss & HFSF-Chairman affiliated with ND

Greek tax investigators raided the home of former local UBS bank boss in Athens in the context of  tax evasion probe based on account data acquired via Germany. The former UBS boss in Athens was also chairman of the Hellenic Financial Stability Fund where he was appointed in 2013 by …

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National Bank – Eurobank merger stopped; shares plunge -30%

The news fell like a bomb on Sunday night: that the much praised National Bank (NBG) – Eurobank merger was stopped by Greece’s international lenders, the Troika of EU, IMF and ECB representatives. Greek media reported that the Troika had objections about the size of the new bank to have emerged from …

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Greek media: Paul Koster, Chairman of HFSF, submitted resignation

Paul Koster, the Dutch chairman of Greece’s bank bailout fund Greek Financial Fund (HFSF) submitted his resignation, Greek media reported on Friday evening. Koster’s resignation comes six weeks after he was appointed to this post and in the middle of the Greek banks recapitalization and reconstruction process. The HFSF is in charge …

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