Cabinet approves legal aid for bondholders
The Cabinet on Tuesday approved a proposal for free legal aid to bondholders who wish to file lawsuits against the banks. Private holders of convertible...
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Bond holders to fight back
By George Psyllides STUNG bank bond holders on Friday pledged to wage a relentless struggle until they are compensated as they criticised the president for...
Handful of Cyprus-based Russian investment firms may face risks from EU sanctions
By Angelos Anastasiou Despite being sufficiently capitalised at present, a handful of large Russian investment firms operating in Cyprus may face risks relating to EU-imposed...
Little hope for bondholders
By Angelos Anastasiades THREE options are to be put on the table to solve a claim of €975 million against the Bank of Cyprus made...
Bank of Cyprus rejects bondholders’ compensation claims
By Stelios Orphanides Bank of Cyprus said it informed the Capital Securities Association that the lender rejected the group’s proposals for “collective and general compensation”...
BoC protest: they’re all thieves and hypocrites
By George Psyllides Bondholders who claimed they had been duped by banks into buying them, tried to storm the headquarters of the island’s biggest lender...
Plan for bondholder compensation next month
By Angelos Anastasiou President Nicos Anastasiades has given instructions for an out-of-court settlement plan to be drawn up to compensate Bank of Cyprus and now-defunct...
‘Last chance’ threat from bondholders
By Elias Hazou BONDHOLDERS who lost out on high-yield, high-risk bank securities will on Tuesday hear what the Central Bank and Bank of Cyprus have...
Bondholders seeking out-of-court settlement
By Angelos Anasatasiou The bondholders’ association has adopted a strategy of seeking an out-of-court settlement, its chairman Fivos Mavrovouniotis said yesterday. At a news conference,...
Laiki bondholders say they’ve been duped, again
By Angelos Anastasiou THE Cyprus bondholders’ association came away from a meeting with Central Bank (CBC) governor Chrystalla Georghadji empty-handed yesterday, but warned that if...
Little joy from officialdom for duped bondholders
By Angelos Anastasiou THE bondholders’ association came away from a meeting with President Nicos Anastasiades with little more than a promise for quick adjudication of...
Bondholders try to storm BoC headquarters
By George Psyllides OUTRAGED investors who claim they were duped into buying high-risk bonds tried to enter the Bank of Cyprus (BoC) headquarters in Nicosia...
Bondholders urged not to attend BoC AGM
THE association of bank bondholders who claim they were duped into buying high-yield products called on its members yesterday not to take part in the...