News » April, 2011 » 4 April 2011
BCR top management salaries up 50% last year
04.04.2011, 23:44 | Finance-Banks | 1100 views
The executives of BCR, the biggest bank on the market, last year took home total salaries worth 15.13m lei (3.53m euros), up over 50% from 2009. In late 2010, the top management was made up of five members: the CEO, Dominique Bruynseels, and four vice-presidents- Wolfgang Schoiswohl (corporate), Oana Petrescu (retail), Helmuth Hintringer (financial) and Michael Beitz (risk). Except Oana Petrescu, BCR executives are expats, receiving specific compensation, and, according to market sources the CEO has a share of around one third of expenses related to management salaries. Read more on ZF.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|
