Finance articles and news

European American Investment Bank AG (Euram Bank) is a fully independent Austrian Private Bank and is 100% owned by its managing partners and three private investors. Euram Bank was established in Vienna in 1999.

We offer bespoke banking solutions for wealthy international and domestic private clients, family offices, private companies and financial institutions.

Our services comprise a full range of banking and investment banking expertise – from investment consulting and asset management, to structuring and operating family offices, foundations and trusts. We also create and execute sophisticated structured solutions for investment, divestment, diversification, refinancing and wealth transfer.

The management team and client advisors have decades of relevant expertise in international and Austrian banking and securities markets. We cooperate with selected international banks to achieve the best results for our clients.

We put our absolute independence and outstanding core competences at the service of the world’s most demanding clients, and we identify and provide access to the best investment products and services available.

Alternative Investments

Euram’s alternative investment team combines superior alternative investments with creative, innovative structures, granting wealthy private and institutional investors access to privately and publicly placed products in a tax efficient way.  Euram develops and structures demand driven products for private banks, asset managers and distribution networks in Austria, Germany and Switzerland.

Alternative investment products offered by Euram Bank stand out with positive long term performance uncorrelated to the developments of traditional markets. Product and manager selection is based on a mid term macro view of the investment environment combined with detailed manager due diligence.

The team is currently focusing on innovative Hedge Fund Products – Offshore Funds and tax efficient certificates, CLO/CDO wrappers, US and UK secondary life insurance funds and intellectual property funds (patent funds).

sourse: www.eurambank.com

Financial crisis

- New U.S. housing starts unexpectedly rebounded in February, surging 22.2 percent, according to data that provided a rare dose of good news for the recession-hit economy.

- Germany’s economy offered unexpected signs of optimism. A monthly poll by the ZEW economic institute in Europe’s biggest economy showed analyst and investor sentiment rising to -3.5 in March from -5.8 in February

- U.S. Fed seen holding rates, avoiding dramatic moves

- BOJ Governor Masaaki Shirakawa says a new $10.2 billion loan programme to help banks is aimed at those facing big risks from falling stock prices.

- U.S. Treasury plans to modify AIG (AIG.N) aid to recoup bonuses

- Ireland facing difficult recession which is worse than in the rest of the world, but its membership of the euro zone will help to mitigate the downturn – Finance Minister Brian Lenihan.

- Royal Dutch Shell says market conditions remain uncertain.

- Nokia to slash 1,700 jobs globally over the coming few months because of falling demand.

MARKETS

- World stocks pare early losses after Germany’s ZEW survey suggested economic sentiment was more resilient than thought but a fall in oil kept selling pressure strong.

- U.S. light crude slips nearly 1 percent to below $47 a barrel while spot gold tumbles to around $917 per ounce from $922.55 in New York on Monday.

- A surprise rebound in new U.S. housing drove the dollar higher against its global peers
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