EFG Bank European Financial Group
EFG Bank European Financial Group SA is a bank based in Geneva, supervised on a consolidated basis by the Swiss FINMA. It owns c. 49% of EFG International, a global private banking group specialising in private banking and asset management headquartered in Zurich, Switzerland and listed on the SIX Swiss exchange (EFGN). It represents one of two distinct subgroups of European Financial Group EFG (Luxembourg) SA ("EFG Group"), the other being Eurobank Ergasias, the third largest retail bank in Greece with a presence in southeast Europe. The two sub-groups of EFG Group are distinct and separate, each having its own board of directors, management, business and geographical scope, and sub-consolidated regulatory supervision.
Litigation
EFG Bank European Financial Group SA v. Euro OJSC Ltd
On 24 October 2008, EFG Bank European Financial Group SA applied to the Company Names Tribunal under s.69(1)(b) Companies Act 2006 for a change of name of Eurobank OJSC Ltd, which had been registered at Companies House since 11 February 2008.
The application went un-defended by the respondent and the adjudicator ordered on 22 January 2009 that Eurobank OJSC Ltd must change their name within one month. Additionally the respondent was ordered not to cause or permit any steps to be taken to register another company with an offending name which could interfere, due to its similarity, with the goodwill of the applicant.
Eurobank OJSC Ltd was also ordered to pay EFG Bank European Financial Group S.A. costs.[1]
References
- ↑ EFG Bank European Financial Group SA v. Euro OJSC Ltd Retrieved 29 September 2014