ECONOMY

Cyprus appoints Oliver Wyman for bank restructuring

Cyprus’s central bank has appointed global management consultants Oliver Wyman as advisers on the banking sector restructuring it must complete under its international bailout.

Oliver Wyman were appointed mainly to assist with the restructuring of Bank of Cyprus, a central bank spokeswoman said. [Reuters]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.

READ MORE
ECONOMY

Parliament budget office says Greece will not return to markets in 2014

ECONOMY

Private sector employment rises in September

ECONOMY

Aegean-Olympic merger gets EU clearance for takeoff

ECONOMY

Greek banks to be tested for two more recession years, says Provopoulos

ECONOMY

Write-offs lurk as Greek banks tackle default mountain

ECONOMY

Action time at Greek banks as crisis shadow fades