The Czech Republic: activity in the banking sector

Article Abstract:

The banking sector in the Czech Republic is attracting the attention of potential foreign investors, even though its reputation declined over 1996. There have been a number of significant developments recently, including the apparent decision by the government to go ahead with plans to privatise up to one-fifth of leading lender Komercni banka. It is possible that this deal will be handled by UBS. It is also possible that a merger will take place between Ceska Sporitelna and Ceskoslovenka Obchodni Banka.

Acquisitions and mergers, Czech Republic

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Poland: the 'feel good factor.' (moves to encourage investment activity)

Article Abstract:

The Polish government is keen to encourage many people to participate in its mass privatization programme. The sale of a 36% stake in copper concern KGHM Polska Miedz is likely to be the largest offering to share investors ever undertaken in Poland, with international investors set to take around 18% of this company's shares through global depository receipts. Progress is also being made with plans to undertake the $1 billion sale of Bank Handlowy, the third-largest bank in Poland.

Primary copper, Copper, Primary Smelting and Refining of Copper, Poland, Privatization, Privatization (Business), Copper products

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Roger Luscombe exits Swiss Bank

Article Abstract:

Roger Luscombe has left Swiss Bank Corp following a change in the bank's focus on mergers and acquisitions. Luscombe had been developing an origination function for the UK. The bank has moved to specialise in product and industry sectors. Luscombe is developing a guide for multimedia shopping for retailers, and has had several approaches. Opportunities which he is considering include media and telecommunications posts for two banks in Europe.

Officials and employees, Appointments, resignations and dismissals, Swiss Bank Corp. (Switzerland), Luscombe, Roger

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