The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Raiffeisen Association criticizes bank levy increase as harmful to growth
The Austrian Raiffeisen Association criticizes the government's plan to increase the bank levy, calling it "pure arbitrariness" that will hinder economic recovery. Advocate General Erwin Hameseder argues that the measure will restrict banks' ability to provide loans, essential for growth, while Secretary General Johannes Rehulka contends that successful banks are being unfairly penalized. The association also questions the support for the levy from the OeNB Governor, highlighting a contradiction in promoting higher equity while imposing greater burdens on banks.
Raiffeisen Bank International Reaches New High as Analysts Upgrade Rating
Raiffeisen Bank International's share price reached a new 52-week high of $6.85, closing at $6.80 with a trading volume of 1,524 shares. Barclays has upgraded the stock to a "strong-buy" rating, while the company boasts a market capitalization of $8.95 billion and a PE ratio of 3.66. Despite this positive outlook, top analysts have identified five other stocks as better investment opportunities.
Raiffeisen Bank shares surge as annual meeting approaches and analysis released
Raiffeisen Bank International (RBI) saw a significant share price increase of 3.84% on February 26, 2025, reaching 25.66 euros, marking a 13.05% rise over the past month. The share is currently 65.51% above its 52-week low and just under 1.36% below its 52-week high. Investors should note the Annual General Meeting scheduled for March 26, 2025, as analysts urge shareholders to consider their options regarding buying or selling.
Raiffeisen shares yield 19.20 percent profit over the past year
Raiffeisen shares were priced at EUR 20.10 on February 21, 2024. An investment of EUR 1,000 made a year ago would have allowed investors to acquire 49.751 shares, now valued at EUR 23.96 each, resulting in a total worth of EUR 1,192.04 and a profit increase of 19.20%. The market valuation of Raiffeisen stands at EUR 7.87 billion.
Eavista acquires majority stake in card complete enhancing innovation and market reach
UniCredit Bank Austria and Raiffeisen Bank International have sold their shares in card complete Service Bank AG, with EAVISTA Beteiligungsverwaltungs GmbH acquiring a 75.1% majority stake. EAVISTA, led by Arif Babayev, aims to enhance card complete's market position through technological innovations while maintaining its commitment to data protection and service quality. Customers of UniCredit and Raiffeisen will manage their credit cards directly with their banks, while other card portfolios will remain unchanged.
Barclays Upgrades Sartorius AG and Subsidiary on Post-COVID Recovery Potential
Barclays has upgraded Sartorius AG and its subsidiary Sartorius Stedim Biotech to Overweight, citing a post-COVID recovery in the bioprocessing industry. The firm notes both stocks are undervalued compared to peers, with SRT expected to see 12% order growth in FY25 and a significant increase in free cash flow. Price targets have been raised for both companies, reflecting anticipated positive earnings momentum as customer demand returns.
ex credit suisse expert oliver deutschmann joins liquidnet as head of derivatives
Oliver Deutschmann has joined Liquidnet as head of equity derivatives EMEA and head of listed derivatives for Continental Europe after 15 years at Credit Suisse. He expressed gratitude for the support he received during his tenure, highlighting the importance of the people at Credit Suisse. Deutschmann has held various trading roles, including positions at UBS, Commerzbank, and Commerz Futures in Chicago.
Raiffeisen Bank shares rise amid legal challenges and market analysis
Raiffeisen Bank International (RBI) shares have seen a positive performance, rising 1.35% to EUR 24.71 on February 25, 2025, with a monthly increase of 12.37%. The bank's market capitalization stands at EUR 8.1 billion, while its Russian subsidiary is appealing a court decision regarding the sale of Raiffeisenbank Russia. A new analysis urges shareholders to consider urgent action ahead of the Annual General Meeting on March 26, 2025.
raiffeisenbank russia appeals court ruling in strabag shareholder dispute
Raiffeisenbank Russia has appealed a Kaliningrad court ruling that ordered it to pay €2 billion in damages to Rasperia, a shareholder in Strabag, and to take over its shares. The appeal, submitted on February 21, indicates that a sale of Raiffeisenbank Russia remains prohibited due to an interim injunction, which is likely to stay in effect until a final ruling is made.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.