CA IB chief is tested early in his new job

Article Abstract:

Vienna, Austria-based CA IB Investmentbank AG chairman Willi Hemetsberger maintained his composure as the firm faces unstable conditions in its niche market, Central and Eastern Europe. The company posted a net loss of $10.9 million in 1997 after its parent Bank Austria Group merged with Creditanstalt Bankverein. A slow down trend is projected for the portfolio investment by foreign investors in the region in the foreseeable future amid the financial crisis in Russia. However, Hemetsberger and his colleagues at the firm pin their hopes on a new wave of foreign direct investment in the nations in Central Europe not directly affected by the financial crisis in Russia.

Comment:

Chairman Willi Hemetsberger keeps calm as the firm faces unstable conditions in its niche market, Central and Eastern Europe

Investment Banking and Securities Dealing, Austria, Investment Banking, CA IB Investmentbank AG, Investment banks, Article

---

Fashion leaders: how the Worth brothers created an online trendsetter

Article Abstract:

Marc and Julian Worth's Worth Global Style Network provides the fashion industry with information about fashion trends. The service is used by many of the most prominent companies in the clothing industry, in part because the network gives companies fast information to current trends. The network also plans to market corporate profiles online.

United Kingdom, On-Line Information Services, Videotex & Teletext, Management, Online services, Internet services, Worth, Julian, Worth, Marc, WORTH Global Style Network

---

Similar abstracts:

• Abstracts: chun tia beats rivals in region Diversification fuels 23% profit increase atKin Yat Toy, timepiece maker sees profit drop 63%
• Abstracts: Cable & Wireless unit, IBM to enter partnership. S&N profit falls 3%, but brewer remains upbeat. WPP, Asatsu announce advertising partnership
• Abstracts: Abu Dhabi says it will invest in financial hub. British Steel discusses merger with Hoogovens
• Abstracts: Brain drain: doctors drill hole to relieve pressure in patients' skulls; novel approach to treat chronic fatigue wins contempt of colleagues
• Abstracts: Dresdner, CAIB to advise Bulgari on tobacco sale. BBV will spend 102.2 million euros to upgrade its computers for Y2K

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.