Alpha Bank

OpenCalais Metadata: Ticker


Record day for Alpha’s stock on ATHEX

Rising stocks outnumbered decliners in the first session of the week at the Greek bourse, where all eyes were on Alpha Bank, which posted a record level of trading and will weigh heavier for the FTSEurofirst 300 index as of Thursday, NYSE-Euronext announced on Monday. Still, a drop among most blue chips inflicted losses on the benchmark.

Greek bill gives rescue fund legal cover for bank capital boosts

By Lefteris Papadimas & George Georgiopoulos

Greek banks that are majority-owned by the country's bank rescue fund HFSF will be allowed to issue new shares to boost their capital at market prices, according to a draft bill that also gives the rescue fund legal cover to see its stakes diluted.