ecetra Internet Services AG · Vienna Austria
Company Description
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This link will open in a new window ecetra Internet Services AG offers its customers an assortment of financial products throughout Central Europe and is the online brokerage leader in Austria. The company's ecetra Central European e-Finance AGA subsidiary runs its banking operations and caters to the business-to-consumer sector, while its brokerjet segment supplies online trading tools for its customers in the Czech Republic. ecetra (its name stands for Erste Bank Central European Trading) also holds interests in other businesses in the Czech Republic and Slovenia. The company was founded in 2000. To read the full description, subscribe now.
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Key ecetra Internet Services AG Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $21.1 |
| Employees | 3 |
ecetra Internet Services AG Executives
3 executives listed for ecetra Internet Services AG's Vienna, location.
| Title | Name & Bio | Contact |
| CEO | Robert Ransauer | Network |
| Chief Marketing Officer | Werner Steiber | Network |
| Manager, Public and Investor Relations | Eva Pratsch | Network |
Competition
Competitive Landscape for ecetra Internet Services AG
Demand is driven by economic activity that results in company mergers, acquisitions, or public financing. The profitability of an investment bank depends on its ability to accurately assess both the value of a business transaction and the readiness of the market to buy the attendant debt or equity. Big firms have an advantage because large customer transactions require firms with substantial financial resources. Small investment banks can compete by participating in syndications and operating in regional markets or specialized industries. Although labor-intensive, the industry produces very high value: average annual revenue per employee at large firms is under $1 million. The global financial crisis of 2008-2009 dramatically altered the landscape of the investment banking industry. Morgan Stanley and Goldman Sachs, the only large firms still intact, have changed their status from investment banks to bank-holding companies. Both firms still engage primarily in investment banking, but former industry leaders such as Bear Stearns, Merrill Lynch, and Lehman Brothers have either been acquired or have filed for bankruptcy protection. The demise of these firms and the late 2000s recession have likely ushered in a new era in which the creation of innovative but risky financial instruments will be replaced by more traditional banking services. The new environment also means more industry oversight by the federal government, which had to step in and bail out dozens of financial services firms with billions of dollars of taxpayers' money. To read the full description, subscribe now.Top ecetra Internet Services AG Competitors
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