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In conversation with Sabine Zucker, Head of Group Transaction Banking at Raiffeisen Bank International

Joseph Giarraputo, Founder and Editorial Director of Global Finance, speaks with Sabine Zucker, RBI’s Head of Group Transaction Banking, about the products and services required to support cross-border growth with smooth transactions and operational continuity in CEE markets.

Based on RBI’s over three decades of experience operating in these economies with 12 full-service banks, Zucker believes corporates have a lot to be excited about when looking at the region’s future. From Serbia, to Albania, to Croatia, for example, GDP growth is outpacing many Western European counterparts.

Yet companies need to be flexible in the face of the inevitable challenges stemming from uncertainty in today’s market environment as well as fluctuating geopolitical and compliance landscapes. 

A case in point is the need for risk mitigating products like guarantees and letters of credit. At the same time, local transaction banking and trade finance expertise is vital to interpret and overcome requirements that differ from country to country.

More specifically, companies expanding into the CEE region need robust and comprehensive cash management and payment solutions. In response, RBI developed CMIplus, a flagship cash management platform designed from the ground up to support real-time, omnichannel treasury operations

Effective trade finance solutions are also essential to managing supply chains.These are particularly important for those international corporates that need longer guarantees for different types of business, in turn calling for local staff with on-the-ground expertise.

Watch this video to get further insights into what it takes for international businesses to succeed in CEE markets, and how an experienced banking partner can help.

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Arianne Zucker reaches settlement over sexual harassment allegations

“Days of Our Lives” actor Arianne Zucker has reached a settlement with the producers of the show after her 2024 lawsuit alleging sexual harassment and discrimination on the set of the soap opera.

Notice of the settlement was filed Thursday in Los Angeles County Superior Court. No further details about the settlement were included. Zucker’s attorney could not be immediately reached for comment.

Zucker had starred on “Days of Our Lives” since 1998, playing the character Nicole Walker. In her February 2024 lawsuit, she alleged that now-former executive producer Albert Alarr subjected her and other employees to “severe and pervasive harassment and discrimination, including sexual harassment, based upon their female gender.”

Zucker claimed that Alarr would grab and hug her, “purposely pushing her breasts onto his chest” while moaning sexually, according to the lawsuit. She also alleged that he would make “sexually charged comments” to her.

“Our client continues to deny the allegations set forth in the complaint,” Alarr’s attorney, Robert Barta, said in a statement. “However, in order to bring the litigation to the end, he has agreed to settle. This decision was made solely to end the dispute and move forward.”

Zucker’s lawsuit also named Corday Productions, which oversees the show, and its owner, Ken Corday, as defendants in the lawsuit, alleging retaliation. Zucker alleged that her pay was decreased and her travel stipend revoked after she voiced concerns. In June 2023, she said her character was written off the show after 20 years.

Several months later, Corday Productions offered to renew Zucker’s contract but allegedly did not negotiate with her representatives for higher pay, the lawsuit said.

Attorneys for Corday and Corday Productions did not immediately respond to a request for comment.

Corday Productions previously told The Times in a statement that Zucker’s claims “are without merit” and that she was offered a pay increase upon an offer to renew her contract. The company said at the time that complaints about Alarr’s on-set behavior were “promptly investigated” and the company “fully cooperated with the impartial investigation and subsequently terminated Mr. Alarr.”

“Days of Our Lives” aired on Comcast-owned NBC from Nov. 8, 1965, to Sept. 9, 2022, before moving to the Comcast streaming platform Peacock in 2022.

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