AUSTRIA
CABFor the third year running, CAIB Investment Bank occupies the top slot in Austria, narrowly beating domestic rival Erste Bank.
But for Austrian brokers it has hardly been a year to remember. Lukas Stipkovic, head of research for Austria at CAIB, pays no heed to the conspiracy theory that EU political sanctions have been the cause of the underperformance of the Austrian market.
“We have looked at this and there is no empirical evidence whatsoever that the political situation has had an effect on individual stocks.
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