Alpha Bank

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Alpha Bank picks CFO Psaltis as new chief executive

Alpha bank, Greece's fourth-largest lender, said on Thursday its board of directors picked Chief Financial Officer Vasilis Psaltis as the bank's new CEO to replace outgoing Dimitris Mantzounis.

The board's decision was unanimous Alpha Bank said in a bourse filing. Psaltis will take over as new CEO on Jan. 2. [Reuters]

Stocks jump on Athens bourse, led by banks

Greek stocks rebounded on the Athens Exchange on Wednesday, led by a strong interest in banking shares.

The ATHEX general index rallied 2.02 percent to end at 719.46 points, having however dropped to an intraday low of 700.27 points. Turnover came to 39.998 million euros.

The large-cap FTSE-25 index rose 1.94 percent and mid-caps advanced 1.56 percent.