Tag: FMA

Panama scandal claims scalp of Austrian bank chief

VIENNA, Austria (AFP) — The head of a Austrian regional bank became on Thursday the latest casualty of the Panama Papers scandal, announcing his resignation but denying any wrongdoing. “At the end of the day what made the difference in taking this step was the prejudgement through the media of Hypo Vorarlberg and of myself in recent days,” Michael Grahammer, 51, said. “I remain 100-percent convinced the bank at no time contravened laws or sanctions,” he […]