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Early morning bomb damages Budapest bank branch, no one hurt

BUDAPEST (Reuters) - A bomb blew up at a Budapest branch of the Hungarian CIB Bank in the early hours of Monday morning, but police said no one was injured. The device went off shortly after 4 a.m, police said. A Reuters camerawoman on the scene saw some damage to the building. "Based on preliminary data, the explosion was caused by an explosive device of unknown structure and substance," police said in a statement. CIB Bank is a unit of Italy's Banca Intesa. A CIB spokeswoman declined to comment.

Bomb rocks Budapest bank, no injuries

A bomb exploded early Monday at a branch of an Italian-owned bank in the Hungarian capital Budapest, demolishing the facade but causing no injuries, police said. The explosion smashed windows in the area of the branch of CIB Bank, which is part of the Italian Intesa Sanpaolo group, and was heard over a kilometre away. Police have refused to comment on media reports of accounts by local residents of a motor cyclist leaving a package at the building just before the explosion. pmu/lc

Explosion rocks Budapest bank branch

A bank branch in Budapest was rocked early Monday by an explosion which eyewitnesses said may have been a package bomb, Hungarian media reported. The dawn blast caused no injuries according to police but demolished the facade of a branch of CIB Bank (part of the Italian Sanpaolo Intesa group) close to central Budapest. Police have so far refused to comment on media reports of accounts by local residents of a motor biker leaving a package at the building just before the explosion. The explosion smashed windows in the area and was heard over a kilometre away.

Hungary's competition watchdog fines banks for cartel

By Krisztina Than and Gergely Szakacs BUDAPEST (Reuters) - Hungary's competition watchdog has fined a group of banks 9.5 billion forints ($43.3 million), saying they had operated a cartel during a state-imposed scheme two years ago designed to help holders of disastrous foreign-currency mortgages.

Multinationals pull ads from Hungary paper after anti-Roma slur

Five international firms have pulled their advertising from a Hungarian newspaper after it published anti-Roma remarks, a Roma rights centre said Wednesday. According to the European Roma Rights Centre, Erste Bank (Austria), CIB Bank (Italy, Intesa Sanpaolo), Ikea (Sweden), Fedex (USA) and GDF-Suez (France) have all withdrawn their advertisements from the right-wing daily newspaper Magyar Hirlap. This was to protest at remarks in January by its columnist Zsolt Bayer, a publicist close to conservative Prime Minister Viktor Orban, who said Roma behaved like animals.
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