Erste Bank shares slump after profit warning

VIENNA, July 4 Fri Jul 4, 2014 3:12am EDT

VIENNA, July 4 (Reuters) - Shares in Erste Group Bank fell almost 13 percent on Friday morning following a profit warning the lender issued after Thursday's market close.

By 0708 GMT, the shares were down 12.9 percent to 20.30 euros, pulling Austria's ATX index down 2.9 percent. (Reporting by Georgina Prodhan; Editing by David Holmes)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.