Tag Archives: banks

Jifiti Granted Electronic Money Institution (EMI) License in Europe

AS A REGULATED E-MONEY ISSUER, JIFITI IS NOW ABLE TO FURTHER SERVE ITS BANK, LENDER AND MERCHANT CUSTOMERS IN EUROPE, AS WELL AS END-USERS, WITH AN EVEN MORE ROBUST SET OF PAYMENT SOLUTIONS. (IN BRIEF) Jifiti, a leading white-labeled embedded … Read the full press release

Groupe BPCE and ESCP Business School Launch Joint Research Chair on Resilience of Mutual and Cooperative Banks

(IN BRIEF) Groupe BPCE and ESCP Business School have signed an agreement to create a new Chair to study the role of mutual and cooperative banking in the world. The Chair will focus on the resilience of mutual and cooperative … Read the full press release

SEB’s leadership position confirmed in Prospera’s Institutional Banking 2022 survey in Nordic countries

(PRESS RELEASE) STOCKHOLM, 11-Jan-2023 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced that it has been ranked as the best bank by Nordic financial institutions in Prospera’s … Read the full press release

SEB sustainability advice practice ranked top in a Kantar’s Prospera report across Nordic markets

(PRESS RELEASE) STOCKHOLM, 15-Feb-2022 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced that its sustainability advice practice has been ranked top in a Kantar’s Prospera report across … Read the full press release

Ericsson inks 5-year tenor with two 1-year extension options USD 2 billion sustainability-linked revolving credit facility with 18 participating banks

USD 2 billion sustainability-linked revolving credit facility signed Transaction underlines the confidence in Ericsson’s financial and sustainable performance (PRESS RELEASE) STOCKHOLM, 30-Sep-2021 — /EuropaWire/ — Ericsson (NASDAQ: ERIC), a Swedish multinational networking and telecommunications company, has announced the signature of … Read the full press release

Saxo Bank’s longest institutional partnership marks its 20th anniversary

(PRESS RELEASE) COPENHAGEN, 17-Sep-2021 — /EuropaWire/ — Saxo Bank, a Danish investment bank specialized in online trading and investment, has announced the 20th anniversary of its partnership with Portugal’s Banco Carregosa, a wealth management specialist offering advisory, asset management and … Read the full press release

Standard Chartered adds extensive network across Asia, Africa, and the Middle East to the IBOS international banking network

(PRESS RELEASE) SINGAPORE, 8-Jul-2020 — /EuropaWire/ — British multinational banking and financial services group Standard Chartered has announced it has joined the international banking network IBOS Association (IBOS). IBOS members, some of the world’s largest banks, collaborate to serve each … Read the full press release

Deutsche Investitions- und Entwicklungsgesellschaft – DEG will provide $12 million long-term loan to Asia Royal for a hospital in Myanmar

(PRESS RELEASE) COLOGNE, 18-May-2020 — /EuropaWire/ — KfW Group subsidiary Deutsche Investitions- und Entwicklungsgesellschaft – DEG announced it will help Myanmar improve its healthcare system by providing a $12 million long-term loan to Asia Royal Company Ltd. (Asia Royal). The … Read the full press release

Deutsche Bank on joining JPMorgan’s IIN: ancillary payment processes will become safer and more efficient

Deutsche Bank on joining JPMorgan's IIN: ancillary payment processes will become safer and more efficient

Deutsche Bank joins JPMorgan’s Interbank Information Network (PRESS RELEASE) FRANKFURT AM MAIN, 17-Sep-2019 — /EuropaWire/ — Deutsche Bank announced it is joining JPMorgan operated Interbank Information Network (IIN). The blockchain based network allows its member banks to exchange information on … Read the full press release

EBRD supports Romanian MSMEs through €20 million loan to Crédit Agricole Romania

(PRESS RELEASE) LONDON, 11-Sep-2019 — /EuropaWire/ — EBRD and Crédit Agricole Romania sign €20 million loan, in Romanian lei equivalent, to help support local micro, small and medium-sized enterprises (MSMEs), a vital sector of Romania’s economy in terms of wealth … Read the full press release

Intesa Sanpaolo Innovation Center gains access to one of the biggest startup acceleration platforms in the world – The Floor Hong Kong

(PRESS RELEASE) HONG KONG, 20-Mar-2019 — /EuropaWire/ — New partnership has been agreed on by Intesa Sanpaolo Innovation Center and the premier technology platform The Floor Hong Kong. Intesa Sanpaolo Innovation Center is Intesa Sanpaolo Group‘s arm that oversees, implements … Read the full press release

UniCredit’s Core bank NPE ratio was 4.3% in Q3 2018, in line with its EBA sample peers

(PRESS RELEASE) MILAN, 16-Jan-2019 — /EuropaWire/ — Statement with reference to recent media reporting on the non-binding recommendation of the ECB to all banks directly supervised by the Single Supervisory Mechanism (SSM) regarding the coverage of the secured and unsecured NPL … Read the full press release

Consortium of five leading international banks provide USD 264 million six-year revolving credit facility to SCF Group

MOSCOW, 19-Dec-2018 — /EuropaWire/ — Sovcomflot (SCF Group) is pleased to announce that it has entered into a new USD 264 million six-year revolving credit facility with a consortium of five leading international banks, including: Citibank; DVB Bank; ING Bank; Société … Read the full press release

Paul de Leusse to succeed André Coisne as Chief Executive Officer of Orange Bank

PARIS, 10-Oct-2018 — /EuropaWire/ — Orange Bank’s Board of Directors has approved the appointment of Paul de Leusse, who succeeds André Coisne as Chief Executive Officer of Orange Bank, a role he will occupy alongside his role as the Orange … Read the full press release

Barclays launches new digital platform to boost its Corporate Banking operations in Western Europe

European footprint improved through increased investment Digital Corporate Banking platform developed to support multi-country banking More complete range of services available to institutional clients and global corporates Enhanced offering boosted by new hires in Europe LONDON, 26-Sep-2018 — /EuropaWire/ — Barclays … Read the full press release

Roland Berger’s European Retail Banking Survey: Digitalization and new business models have created a growing gap between product creation and product sales in the banking sector

MUNICH, 30-Aug-2018 — /EuropaWire/ — Digitalization and new business models have created a growing gap between product creation and product sales in the banking sector. Digital platforms are already giving incumbent banks’ competitors access to the majority of their customer base … Read the full press release

Barclays is one of only four banks on the Fortune Magazine’s 2018 Change the World List

LONDON, 27-Aug-2018 — /EuropaWire/ — Barclays has been named on Fortune Magazine’s 2018 Change the World List.  The list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. Barclays is one of only four … Read the full press release

Deutsche Bank China with approval to underwrite corporate bonds in China’s Inter-bank Bond Market (CIBM)

Deutsche Bank today announced that it has received approval from the National Association of Financial Market Institutional Investors (NAFMII) to underwrite corporate bonds in China’s Inter-bank Bond Market (CIBM). Frankfurt am Main, Germany/Hong Kong, Beijing, China 13-Jul-2018 — /EuropaWire/ — … Read the full press release

Capgemini and Efma offer a world-wide networking and collaborative community for FinTechs and financial institutions with the launch of FinTechVisor portal

PARIS/ NEW YORK, 21-May-2018 — /EuropaWire/ — Capgemini and Efma today announced the launch of FinTechVisor, an innovative platform designed to bring FinTechs and financial institutions together to collaborate. The FinTechVisor portal offers a world-wide networking and collaborative community for FinTechs and … Read the full press release

Dai Nippon Printing (DNP) to leverage Gemalto’s facial biometric authentication solution for its mobile banking apps

AMSTERDAM, 23-Mar-2018 — /EuropaWire/ — Gemalto, the world leader in digital security, today announced that it has been selected by Dai Nippon Printing (DNP), a financial solutions provider in Japan, to make mobile banking transactions easier to use. Leveraging Gemalto’s facial biometric … Read the full press release

Gemalto: PSD2 (Payment Services Directive 2) offers European banks a unique opportunity to deliver digital innovation, robust protection and seamless user experience

Company favors an adaptive approach response to demands for Strong Customer Authentication (SCA), Transaction Risk Analysis (TRA), Risk Management and Open APIs (Application Programing Interfaces) AMSTERDAM, 23-Mar-2018 — /EuropaWire/ — Gemalto, the world leader in digital security, believes that the … Read the full press release

Societe Generale Corporate & Investment Banking (SG CIB) appointments: Yves Jacob as Global Head of Coverage for public-sector entities and Laurent Morel as Global Head of Financial Sponsor Coverage

Societe Generale Corporate & Investment Banking (SG CIB) is continuing to strengthen its sector-based approach within the Financial Institutions Group, by developing coverage dedicated to public-sector players and by integrating the team in charge of global coverage for financial sponsors. … Read the full press release

Leading Chinese companies, banks and advisors at London Stock Exchange Group’s second annual conference in Beijing

Event focuses on the growing financial ties between China and London Ma Jun, Chief Economist, People’s Bank of China, discusses China’s Green finance initiatives Event follows landmark state visit of Chinese President Xi Jinping to London LONDON, 26-11-2015 — /EuropaWire/ … Read the full press release

SAS and Longitude Research survey: Only one in four banks say they’re highly mature at stress testing

Majority still at early stage of development, cite data management and skills shortage as top challenges Marlow, UK, 24-10-2014 — /EuropaWire/ — Stress testing is a given for banks, as regulations and compliance pressures loom. Yet only one in four banks say … Read the full press release

RBS remembers the First World War with the launch of new website exploring how the war affected our banks, staff and customers

On the 100th anniversary of the beginning of the First World War, RBS is launching a new website exploring how the war affected our banks, staff and customers. Edinburgh, Scotland, 5-8-2014 — /EuropaWire/ — The RBS Remembers 1914-1918 website is an online resource for … Read the full press release

Euronext Amsterdam, banks, institutional investors and Robeco to establish dutch entrepreneurs fund NL Ondernemingsfonds

Combining the strength and expertise of banks and institutional investors  Amsterdam, Netherlands, 16-1-2014 — /EuropaWire/ — On the initiative of Euronext Amsterdam, banks, institutional investors and Robeco are joining forces to set up the NL Ondernemingsfonds to provide financing for businesses in … Read the full press release

The European Investment Bank to finance Hungary’s railway infrastructure rehabilitation and upgrade with EUR 250 million

Luxembourg / Budapest, Hungary, 9-1-2014 — /EuropaWire/ — The European Investment Bank (EIB) is lending EUR 250 million to finance the implementation ofHungary’s railway infrastructure rehabilitation and upgrading investment programme for the period2013-2016. The objective is to improve the safety, capacity and performance of the existingconventional railway infrastructure with positive impacts on commuters and … Read the full press release

Natixis Asset Management annonce la création de la société de gestion Mirova

Paris, France, 7-1-2014 — /EuropaWire/ — Pour accélérer le développement de son pôle d’expertise en investissement responsable, Natixis Asset Management annonce la création de la société de gestion Mirova¹. Mirova a pour ambition de devenir, dans les cinq prochaines années, un des leaders de l’Investissement … Read the full press release

Natixis Asset Management to establish new management company named Mirova

Paris, France, 7-1-2014 — /EuropaWire/ — In order to accelerate the development of its responsible investment activities, Natixis Asset Management announces the creation of the management company Mirova¹. It is Mirova’s ambition to become an international leader in Responsible Investment within the next five years. … Read the full press release

Bankinter CEO María Dolores Dancausa named best Ibex CEO in 2013 by Forbes Magazine

Creation of shareholder value, ability to raise funds on the markets and diversification of activities were among the main criteria. Madrid, Spain, 7-1-2014 — /EuropaWire/ — The chief executive of Bankinter, María Dolores Dancausa, has been selected by Forbes Magazine as the … Read the full press release

Bankinter ended 2013 as the most profitable banking stock in the Euro Stoxx 600

Ends the year as the most profitable bank in the Euro Stoxx 600 and the second best performing stock in the Ibex 35, with a gain of nearly 150%. The Bank’s market capitalisation is up from €1.77 billion at the … Read the full press release

Bank supervision would be “more effective at EU level”, Eurobarometer poll

Brussels, Belgium, 18-10-2013 — /EuropaWire/ — Over half of EU citizens feel that banks should be regulated by the EU, rather than national governments. Half also believe that they would be better protected against the economic crisis if their countries coordinated … Read the full press release

Treasury discount paper of the Federal Republic of Germany Auction announced by Deutsche Bundesbank

12-7-2013 — /europawire.eu/ — As already announced in the issuance calendar for the third quarter of 2013, the Federal Government will issue Treasury discount paper (“Bubills”) with a maturity of 12 months for sale by auction on 22 July 2013. An … Read the full press release

Legal Affairs Committee to reform EU audit services to win back investors’ confidence

7-5-2013 — /europawire.eu/ — Obliging companies to switch auditors regularly and prohibiting auditors from supplying certain non-auditing services are among the changes voted by the Legal Affairs Committee on Thursday to a draft law to open up the EU audit services … Read the full press release

President Barroso and Commissioner Barnier comment on the European Parliament’s approval of new rules for stronger prudential requirements on banks

Brussels, 16-4-2013 — /europawire.eu/ — Statement by President Jose Manuel Barroso and Commissioner Michel Barnier following the European Parliament’s approval of new European rules to impose stronger prudential requirements on banks President J.M. Barroso: I welcome the vote in the European Parliament … Read the full press release