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Bank of Cyprus ex-CEO Guilty of Manipulation Ahead of Crash

A Cypriot court on Thursday found a former CEO of the Bank of Cyprus guilty of market manipulation, shortly before the island's banking system...

Cyprus Could Attract Investment Fund Managers Following Brexit

Cyprus could attract investment fund managers following the UK decision to leave the EU, Cyprus' Investment Funds Association President, Angelos Gregoriades has told CΝΑ. The decision...

Five Bank of Cyprus Officials Prosecuted

Greek-Cypriot Attorney General Costas Clerides announced that five Bank of Cyprus officials are facing serious charges that could result to 20-year prison sentences. The Bank...

1.9 billion Loss for Bank of Cyprus

Bank of Cyprus, the Cypriot lender which recapitalized itself after seizing its own depositors' savings this year, posted a 1.94 billion euro net loss...

Cyprus Gambling On Casinos For Rebound

Being saved from an economic and bank collapse by a pending 10 billion euros ($13 billion) bailout from international lenders - but at the...

Bank of Cyprus Officials Deleted E-Mails

Two of the beleaguered Bank of Cyprus’ former top executives appear to have deleted critical e-mails to cover their tracks over why they decided...

Bank of Cyprus Whacks Big Depositors

Depositors with more than 100,000 euros ($130,000) in uninsured accounts at the Bank of Cyprus stand to suffer big losses under a restructuring plan...

Cypriot Politicians’ Loans Written Off

With banks confiscating up to 80 percent of uninsured deposits over 100,000 euros ($130,000) and the country facing a deep economic crisis, Cyprus has...

Cyprus FinMin Says Bailout Too Tough

As Cyprus ratchets down its oversized banking sector to get a pending 10 billion euros ($13 billion) bailout from international lenders, the price it's...

Athens Stock Exchange Suffers Heavy Losses

Athens Stock Exchange slumped for a second day on Wednesday, on fear of contagion from the financial crisis in neighbouring Cyprus. Although the deal brought...

Bank of Cyprus CEO Gets The Axe

Cyprus' bank and economic crisis has led to the firing of Bank of Cyprus chief Yiannis Kypri who is being replaced by a special...

Sarris Wanted Confiscation Tax On All Deposits

Instead of a tax of up to 80 percent on big banks accounts, Cyprus Finance Minister Michalis Sarris said that a confiscation tax should...

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