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Tag Archives: HSBC

Romania has borrowed USD 1.2bn, RON 74bn funding needed in 2018

The Romanian state has emerged on international bond markets and attracted USD 1.2 billion due in 30 years, with investors offer being much higher than expectations. The state’s paid return is 5.2%, similar to a bond issue in USD in ...

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BNP Paribas to open branch in Romania next year

The largest bank in France and the second in the European Union, after HSBC, BNP Paribas will open a branch in Romania by the end of the first quarter next year. The steps have already begun, according to Economica.net. The ...

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Eurobank seeks ‘strategic partner’ to sell Bancpost

HSBC and Mediobanca have been hired to help Greek bank Eurobank to find a “strategic partner” for its Romanian subsidiary Bancpost, a source said for reuters.com, emea.gr quotes. “Our target is for the whole process to conclude in a year ...

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Geoana’s brother in law, Ionut Costea, on the list of Romanians with secret accounts in Switzerland

Daniela Florentina Ganea, wife of former PSD Finance Minister Mihai Tanasescu, Mircea Geoana’s brother in law Ionut Costea, but also businessmen Sorin Creţeanu (involved in Posta Romana criminal file), Vladimir Cohn and Jean Valvis (former main shareholder of Rapid football ...

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Romania re-opens two eurobonds launched last year

Romanian Ministry of Public Finances (MFP) on Thursday begins marketing two euro-denominated bonds, launched last October, maturing on 10 to 20 years, profit.ro informs. In October, Romania has sold ten-year bonds of EUR 1.25 billion and 20-year bonds of EUR ...

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Romanians having secret accounts are to be checked, sources say

The National Agency for Fiscal Administration (ANAF) will verify the assets of some 50 Romanians who have opened secret accounts to HSBC Switzerland, after it has received data from the similar institution in France, according to government sources quoted by ...

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HSBC exposed in tax evasion data leak. Some 220 customers of HSBC Switzerland had links to Romania. 11 are Romanians

A new investigation exposes an HSBC’s Swiss private banking arm of helping royalty, criminals, terrorists, drug dealers, and even music stars such as Tina Turner and David Bowie to conceal their identities to dodge taxes, rt.com informs. The Washington-based International ...

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