REFILE-All options for Austrian bank Bawag PSK's future still on table-CEO

August 11, 2015 8:03 AM

35 0

VIENNA Aug 11 (Reuters) - The owners of Austrian bank Bawag PSK have not yet finished their strategic review for the future of the lender, with all options still on the table, its Chief Executive and Chief Financial Officer told Reuters on Tuesday.

"It could be a sale, it could be a business acquisition, could be a merger, could be an (initial public offering), a... sale," CFO Anas Abuzaakouk said of Bawag's possible future under its majority owners Cerberus Capital Management and U.S. firm GoldenTree Asset Management.

Also read: New Wells Fargo CEO to Employees: 'We're Sorry'

Read more

To category page