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AUSTRIA-HETA/
RTR4SWYY
March 11, 2015
General view of the headquarters of defunct Austrian lender Hypo Alpe Adria in Klagenfurt March 3, 2015....
Klagenfurt, Austria
General view of the headquarters of defunct Austrian lender Hypo Alpe Adria in Klagenfurt
General view of the headquarters of defunct Austrian lender Hypo Alpe Adria in Klagenfurt March 3, 2015. Austria's financial watchdog FMA said March 11, 2015, an insolvency for the "bad bank" Heta of Hypo Alpe Adria will still be on the table once it has finished its wind-down plan next year. Hypo grew from a sleepy lender to a regional power but hit trouble in 2009 after a decade of breakneck expansion, forcing Austria to nationalise it. It has cost taxpayers around 5.5 billion euros ($5.82 billion) already. Picture taken March 3, 2015. REUTERS/Heinz-Peter Bader (AUSTRIA - Tags: BUSINESS POLITICS CITYSCAPE)
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