Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Banco Santander SA appoints Jose Maria Linares as Head of Global Corporate Banking

MADRID, 24-Feb-2017 — /EuropaWire/ — Banco Santander SA today announced the appointment of Jose Maria Linares as Head of Global Corporate Banking (SGCB), the Group’s global business unit for corporate clients and institutions. Mr Linares joins Santander from JP Morgan where … Read the full press release

NatWest and Royal Bank of Scotland brings in ‘TechXperts’ to support customers in using online and mobile banking

NatWest and Royal Bank of Scotland are investing in specialist ‘TechXperts’, to ensure branch staff are trained to support customers in using online and mobile banking. EDINBURGH, 23-Feb-2017 — /EuropaWire/ — Every NatWest and Royal Bank of Scotland branch is to … Read the full press release

Vodafone highlights key milestones in the development of M-Pesa as the mobile money service celebrates its 10th year anniversary

LONDON, 23-Feb-2017 — /EuropaWire/ — As Vodafone marks the 10th anniversary of M-Pesa, the world’s leading mobile money service, it was revealed that a record 614 million M-Pesa transactions were processed during December 2016. Vodafone now offers M-Pesa services in 10 … Read the full press release

Aviva’s Family Finances Report: UK families’ savings have fallen to the lowest level in 18 months as typical incomes decline

Low income families have just £95 in savings and investments, compared to £62,885 among high income families, as the savings gap grows 25% annually Homeownership among families falls to lowest level in four years (64%), with low income families worst … Read the full press release

Deutsche Bank announces the appointment of Thomas Piquemal as Chief Country Officer for France

Frankfurt am Main, 21-Feb-2017 — /EuropaWire/ — Deutsche Bank has appointed Thomas Piquemal as Chief Country Officer for France, in addition to his role as Global Head of Mergers & Acquisitions, effective March 1, 2017. Piquemal succeeds Bruno Hallak, who … Read the full press release

Capgemini acquires Insurance IT services firm TCube Solutions, Inc.

This acquisition strengthens Capgemini’s leadership in the financial services sector PARIS, 17-Feb-2017 — /EuropaWire/ — Capgemini, a global leader in consulting, technology and outsourcing services, announced today the acquisition of TCube Solutions, Inc., an Insurance IT services firm, the largest independent … Read the full press release

Iberdrola signs €500 million green loan with BBVA

It is the largest amount ever signed worldwide in the area of sustainable finance  The company was also the first to launch the green bonds market in Spain in April 2014 BILBAO, 17-Feb-2017 — /EuropaWire/ — Iberdrola has signed for a … Read the full press release

Der ehemalige Banker Mike Baur verrät sein Erfolgsrezept für die Schweizer Wirtschaft

ZURICH, 17-Feb-2017 — /EuropaWire/ — Mike Baur machte sich im Schweizer Bankensektor einen Namen, als er 2008 ein wichtiger Akteur bei der Privatbank Clariden Leu wurde. Er fand sich in seiner Position gut zurecht und beriet schon mit Anfang zwanzig die … Read the full press release

LINKS Foundation

An institution aimed at fostering the growth of the local ecosystem enhancing the skills of the Area TORINO, Italy, 15-Feb-2017 — /EuropaWire/ — LINKS Foundation is a non-profit Institution operating at a national and international level carrying out applied research … Read the full press release

8 in 10 German SMEs are still not utilizing e-commerce

KfW study: only 16% of SMEs rely on e-commerce Share in total turnover is still low Retailers, wholesalers and young businesses are pioneers Frankfurt am Main, 14-Feb-2017 — /EuropaWire/ — E-commerce, the selling of products using online channels, still plays … Read the full press release

KfW Group reports strong demand for financing products in Germany for fiscal year 2016

KfW promotional business volume rises to EUR 81 billion (+2%) EUR 55.1 billion for domestic promotion Strong demand for the promotion of energy efficiency in the home (EUR 15.5 billion) and at companies (EUR 5.2 billion) Very good year in … Read the full press release

DEG to provide long-term loan to SREI Equipment Finance Ltd. to fund infrastructure and construction equipment requirement in India

USD 25 million for SREI Equipment Finance Limited Financing for infrastructure and construction equipment to small and medium-sized enterprises Long-standing partnership with SREI Group COLOGNE, 07-Feb-2017 — /EuropaWire/ — The infrastructure sector is a major driver of the Indian economy. … Read the full press release

ICBPI to acquire BMPS’ merchant acquiring business for EUR 520 million

SIENA, 06-Feb-2017 — /EuropaWire/ — Banca Monte dei Paschi di Siena S.p.A. (“BMPS”) informs that it has reached a binding agreement with Istituto Centrale delle Banche Popolari Italiane S.p.A. (“ICBPI”), a leading player in the management of national and international payment … Read the full press release

Exchange Council of Eurex Deutschland announces new board members

FRANKFURT, 31-Jan-2017 — /EuropaWire/ — At its meeting on Wednesday, 25 January 2017, the Exchange Council of Eurex Deutschland elected a new chairman as well as the vice chairman for a period of three years. Carola Gräfin von Schmettow, chairman … Read the full press release

Exchange Council of the Frankfurt Stock Exchange announces board members for the next three-year term

Lars Hille, member of DZ Bank Executive Board, replaces Lutz Raettig FRANKFURT, 31-Jan-2017 — /EuropaWire/ — The Exchange Council of the Frankfurt Stock Exchange was reconstituted today. The members of the Exchange Council unanimously elected Lars Hille, member of the Executive … Read the full press release

Deutsche Börse: New SME segment to improve access to investors and growth capital to be launched in March

FRANKFURT, 30-Jan-2017 — /EuropaWire/ — Deutsche Börse published further details today on its new segment for small and medium-sized enterprises (SMEs) to be launched in March, replacing the Entry Standard in the exchange-regulated market. Accordingly, Edison Investment Research and Morningstar … Read the full press release

DEGIRO and Eurex to jointly educate retail investors

ESCHBORN, 27-Jan-2017 — /EuropaWire/ — DEGIRO, one of Europe’s largest retail brokers and Eurex, Europe’s largest derivatives exchange team up to jointly educate retail investors: A new section on DEGIRO’s website explains the products listed on Eurex with input coming … Read the full press release

Risk presented ‘Exchange of the Year’ award to Eurex

ESCHBORN, 27-Jan-2017 — /EuropaWire/ — Eurex takes home the prestigious award ‘Exchange of the Year’ at this year’s award gala, hosted by ‘Risk’ at the Brewery in London. Lee Bartholomew, Head of Fixed Income & FX Product R&D accepted the award … Read the full press release

Carola Gräfin von Schmettow elected chairman, Exchange Council of Eurex Deutschland

ESCHBORN, 27-Jan-2017 — /EuropaWire/ — At its meeting on Wednesday, 25 January 2017, the Exchange Council of Eurex Deutschland elected a new chairman as well as the vice chairman for a period of three years. Carola Gräfin von Schmettow, chairman … Read the full press release

Lloyds Bank the first financial services company to trial Signly – a British Sign Language (BSL) translation tool

New technology provides innovative way of interacting with Bank literature LONDON, 27-Jan-2017 — /EuropaWire/ — Lloyds Bank has become the first financial services company to undertake a trial with Signly – a British Sign Language (BSL) translation tool. Lloyds Banking Group’s … Read the full press release

NIB issues its first public benchmark of 2017 — a new 5-year global USD 1.25 billion bond

On 24 January, NIB priced a new 5-year global USD 1.25 billion bond, the Bank’s first public benchmark of 2017. HELSINKI, 27-Jan-2017 — /EuropaWire/ — The issue has a final maturity of 1 February 2022, pays a semi-annual coupon of 2.125% and has an issue … Read the full press release

Wellcome funds four new research projects to address health and environmental issues

LONDON, 24-Jan-2017 — /EuropaWire/ — Wellcome awarded four new research partnerships a total of £29m to tackle global environmental and health challenges. The scientists – from Australia, South America and the UK – are receiving the funding as part of Wellcome’s … Read the full press release

EMBO adds Lithuania as a member of the EMBO Installation Grants scheme

HEIDELBERG, 24-Jan-2017 — /EuropaWire/ — EMBO welcomes Lithuania as a member of the EMBO Installation Grants scheme. Early-career scientists looking to move to Lithuania to establish their own, independent research group can apply to the scheme for financial support for … Read the full press release

FMO announces 90 million syndicated debt facility to strengthen Fedecrédito in El Salvador

FMO leads USD 90 million syndication to Fedecrédito THE HAGUE, 24-Jan-2017 — /EuropaWire/ — On 23 January 2017, FMO, the Dutch development bank, announced a 7-year USD 90 million syndicated debt facility to strengthen a federation of financial cooperatives in El … Read the full press release

Dutch development bank FMO invests in the SANAD Fund to support micro, small and medium enterprises in MENA

The Hague, 24-Jan-2017 — /EuropaWire/ — Dutch development bank FMO invests USD 15 million in the SANAD Fund for MSME to support small businesses in the Middle East and North Africa (MENA). The investment has been made through the MASSIF fund, … Read the full press release

Germany’s central bank Deutsche Bundesbank to turn 60 in 2017

The central bank has been ensuring stable money in Germany and Europe since 1957 Frankfurt am Main, 18-Jan-2017 — /EuropaWire/ — This year, the Deutsche Bundesbank will be celebrating its 60th anniversary. The legislation which brought it into being, the Bundesbank Act … Read the full press release

Societe Generale announces changes to its Group General Management team

PARIS, 16-Jan-2017 — /EuropaWire/ — For several years, Societe Generale Group has been committed to an ambitious transformation plan to develop its customer focus and adapt its operating model to contend with the major changes affecting the banking market worldwide, and … Read the full press release

The Crédit Agricole group the first French bank to obtain BS 10500 certification for its anti-corruption system

PARIS, 16-Jan-2017 — /EuropaWire/ — The Crédit Agricole group is the first French bank to obtain certification for its anti-corruption system. This BS 10500 certification, delivered by SGS, recognises the Group’s determination and the quality of its programme for preventing … Read the full press release

Enel Finance International N.V. successfully places its first green bond on the European market

The transaction is in line with the financial strategy outlined in the Group’s 2017-2019 Strategic Plan, which provides for the refinancing of 12.4 billion euros including through the issuance of green bonds as instruments for financing projects related to the … Read the full press release

Société Générale Albania and EBRD partner to support local farmers and agribusiness companies in Albania

Local farmers and agribusiness companies to benefit from fresh funds LONDON, 12-Jan-2017 — /EuropaWire/ — Société Générale Albania and EBRD are joining forces to increase local farmers’ and agribusiness companies’ access to finance, especially in remote regions of the country. The … Read the full press release