Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

Natixis to issue green structured note in Groupe Gan Vie life insurance policies aimed at supporting the fight against climate change

PARIS, 29-Apr-2019 — /EuropaWire/ — Natixis and Groupama Group‘s subsidiary Groupama Gan Vie will launch the first green structured note aimed at supporting the energy transition. The innovative unit-linked insurance product will be issued by Natixis (Issuer: Natixis S.A. [Standard … Read the full press release

NIB to finance the construction of new energy-efficient school and sports facility in Laholm, Sweden

HELSINKI, 29-Apr-2019 — /EuropaWire/ — NIB signs 25-year loan facility of SEK 140 million (EUR 13.2 million) to finance the construction of a new primary school building and a sports facility in Glänninge with property developer Kommunfastigheter i Laholm AB. … Read the full press release

Henrik Normann presented NIB at the Norden Association’s 100th anniversary seminar

HELSINKI, 17-Apr-2019 — /EuropaWire/ — NIB President & CEO Henrik Normann spoke at the Norden Association’s (Föreningen Nordens) 100th anniversary seminar on Monday, 15 April, in Christiansborg, the Danish parliament building. The seminar, titled “Nordic responsibility for the UN Sustainable … Read the full press release

Deutsche Bank to use its Hong Kong branch to offer cross border Renminbi (RMB) spot and FX derivatives via its global branch network

Deutsche Bank to support the continued internationalisation of the RMB Major step for the RMB in becoming a global trade currency FRANKFURT AM MAIN / SINGAPORE, 15-Apr-2019 — /EuropaWire/ — Deutsche Bank, following an approval given to the bank by … Read the full press release

Coface acquires market leader in credit insurance in Slovenia

Bois-Colombes, France, 15-Apr-2019 — /EuropaWire/ — Coface supports its strategy of profitable growth in Central & Eastern Europe region with the acquisition of SID – PKZ, the market leader in credit insurance in Slovenia with a high market share. The … Read the full press release

Deutsche Bank Research on India’s general elections: the rupee, foreign investors, equities

FRANKFURT AM MAIN, 12-Apr-2019 — /EuropaWire/ — Deutsche Bank Research has observed a statistical trend during the general elections in India that almost all the time plays out in a similar manner. According to the bank’s researchers, India’s currency generally … Read the full press release

Customer Data Platform Institute Launches RealCDP to Reduce CDP Confusion

SAN JOSE, CA, USA, 4-Apr-2019 — /EuropaWire/ — The Customer Data Platform Institute today launched RealCDP, a program to reduce the confusion plaguing the Customer Data Platform industry.  RealCDP has two components: RealCDP certification, a five point checklist of core … Read the full press release

Sampo Group welcomes Kai Sotamaa as Chief Risk Officer

HELSINKI, 2-Apr-2019 — /EuropaWire/ — Sampo Group announces the appointment of Kai Sotamaa as Chief Risk Officer as of 1 April 2019. Sotamaa, 48, has previously worked as Head of Risk Management at Ilmarinen and as Financial Economist at Bank … Read the full press release

FINLAND: NIB to fund Keitele Timber’s investments in mechanical wood processing facilities

HELSINKI, 28-Mar-2019 — /EuropaWire/ — NIB to finance Keitele Timber’s investments in mechanical wood processing facilities. The agreement is EUR 15 million loan with maturity of ten years. Keitele Timber will use the loan from NIB to invest in tangible … Read the full press release

Schroders and Lloyds Banking Group announce executive team for new joint venture

LONDON, 27-Mar-2019 — /EuropaWire/ — A joint venture between Schroders plc and Lloyds Banking Group plc, Schroders Personal Wealth announces its executive team. Schroders Personal Wealth will be launched later this year with the aim to help more people in … 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

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 and accelerates … Read the full press release

Piraeus Bank: the second training cycle of Project Future to begin on 8 March 2019

ATHENS, 7-Mar-2019 — /EuropaWire/ — Piraeus Bank starts accepting application for Project Future’s second training cycle. Submissions for the second training cycle can be sent at www.projectfuture.gr between March 8 and 22 2019. Project Future is Piraeus Bank’s innovative social … Read the full press release

Conception X by Barclays and UCL to create investable, early-stage deep tech start-ups

LONDON, 27-Feb-2019 — /EuropaWire/ — PhDs in University College London’s top-ranked Computer Science programme will now be able to turn their dissertation into a deep tech start-up. This will become possible thanks to the new initiative launched by Barclays and … Read the full press release

Jeanette Wong and William C. Dudley nominated for election to the Board of Directors of UBS Group AG

ZURICH/BASEL, 26-Feb-2019 — /EuropaWire/ — Jeanette Wong and William C. Dudley have been nominated by the UBS Board of Directors for election to the Board of UBS Group AG. The election will be held at the Annual General Meeting of shareholders on 2 May 2019. … Read the full press release

Beata Javorcik to succeed Sergei Guriev as new Chief Economist at EBRD

LONDON, 25-Feb-2019 — /EuropaWire/ — The EBRD names Beata Javorcik to succeed Sergei Guriev as Chief Economist. She will join the Bank on 1 September 2019. Beata Javorcik is the first woman to hold a Statutory Professorship in Economics at … Read the full press release

New partnership between Lloyds Banking Group and Visa aims to ease access to cash across UK

LONDON, 19-Feb-2019 — /EuropaWire/ — New pilot cashback scheme, aimed at making it easier and more convenient for people to access cash in areas across UK where it might be challenging, is going to be launched in the UK by Lloyds Banking Group … Read the full press release

CaixaBank reports nearly 50% increase of the money loaned to the hotel industry in Spain for 2018 YoY

BARCELONA, 19-Feb-2019 — /EuropaWire/ — CaixaBank has just released information about its loan exposition to the Spanish hotel industry for 2018. According to data from the bank, it has loaned 2,186 billion euros to the hotel industry in Spain during 2018, which represents 46% … Read the full press release

Hamburg Commercial Bank invests in second broadband and optic fibre project in Spain

HAMBURG/KIEL, 13-Feb-2019 — /EuropaWire/ — Hamburg Commercial Bank participates in EUR 100 million financing for the Spanish company Adamo Telecom Iberia S.A.U. The allocated resource by the bank is EUR 30 million taking part in the deal as a lead arranger and structuring … Read the full press release

R.W. Chelsea Holdings Ltd Starts To Hold Fixed Income Investor Meetings In Vienna, Zurich, Geneva and London

LONDON, 11-Feb-2019 — /EuropaWire/ — R.W. Chelsea Holdings Ltd (the “Issuer”), has mandated BMI International Europe Limited as Sole Global Coordinator to arrange a series of fixed income investor meetings in Vienna, Zurich, Geneva and London, commencing on 11 February 2019. … Read the full press release

The first Italian digital insurance services and brokerage Yolo gets investment from Intesa Sanpaolo Group

MILAN, 29-Jan-2019 — /EuropaWire/ —  Yolo, the first Italian digital insurance services and brokerage group, founded by Simone Ranucci Brandimarte and Gianluca De Cobelli in 2017 is raising Series A €5 million funding round to accelerate its industrial development process and begin the … Read the full press release

UniCredit confirms commitment on human rights and fundamental labour rights to the highest international standards

MILAN, 23-Jan-2019 — /EuropaWire/ — UniCredit today announced the signing of a Global Framework Agreement (GFA) with UNI Global Union [1]. The agreement will strengthen the dialogue between the two parties on human rights and fundamental labour rights and confirms the Group’s … Read the full press release

Central Bank of Ireland Deputy Governor Ed Sibley outlined the Central Bank’s strategic priorities for the next three years in the context of the safety and soundness of the financial system

Resilience of the financial system will remain a key focus for the Central Bank over the next three years A hard Brexit will be damaging for Ireland, but short-term ‘cliff-edge’ stability risks to the financial system are manageable Legislation is … Read the full press release

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

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 stock: Since … Read the full press release

Natixis to support low-carbon and climate resilient economy by joining the Climate Bonds Initiative (CBI) Partners Program

Natixis has joined the Climate Bonds Initiative (CBI) Partners Program to support investment towards a low-carbon and climate resilient economy. PARIS/LONDON, 14-Jan-2019 — /EuropaWire/ — Natixis has joined the Climate Bonds Initiative (CBI) Partners Program, an international network of financial actors … Read the full press release

Deutsche Bank recognised for its CommunITy Hackathons initiative with the #FinTechforGood Award at the Banking Technology Awards in London

Bank staff joined coding competitions to create apps for UK charities Cure Leaukemia and Autistica FRANKFURT AM MAIN, 11-Jan-2019 — /EuropaWire/ — Deutsche Bank’s innovative global hackathons recently won the #FinTechforGood Award at the Banking Technology Awards in London. The bank … Read the full press release

Deutsche Bank Wealth Management’s CIO: 6 themes to watch in 2019 based on macroeconomic outlook, market conditions and the major asset classes

FRANKFURT AM MAIN, 11-Jan-2019 — /EuropaWire/ — The themes for 2019 are based around the macroeconomic outlook, market conditions and the major asset classes: 1) Growth deceleration. Global growth is slowing and becoming less synchronised. As the US upswing matures, Europe … Read the full press release

CIB Capital Markets Strategist Tom Joyce comments on US-China Policy Escalation & Markets in the January issue of C-SPACE

FRANKFURT AM MAIN, 11-Jan-2019 — /EuropaWire/ — The United States and China are at a crossroad in what has become the most important bilateral relationship of the 21st Century, CIB Capital Markets Strategist Tom Joyce said in the January issue of … Read the full press release

Swiss National Bank (SNB) will report a loss in the order of CHF 15 billion for the 2018 financial year

Confederation and cantons to receive distribution of CHF 2 billion ZURICH, 09-Jan-2019 — /EuropaWire/ — According to provisional calculations, the Swiss National Bank (SNB) will report a loss in the order of CHF 15 billion for the 2018 financial year. The … Read the full press release

KfW Research: there are currently 154,000 ‘young’ social entrepreneurs in Germany at the helm of 108,000 businesses

KfW Research presents first study about young social entrepreneurs For 154,000 social entrepreneurs, social contribution matters more than earning an income Social entrepreneurs start up more often with new-to-market and technological innovations than the average They are more likely to … Read the full press release

China’s largest bank ICBC awarded Gemalto a three-year agreement to continue supplying contactless cards

SINGAPORE, 07-Jan-2019 — /EuropaWire/ — Gone are the days where cash was king in China. According to China Tech Insights’ report last year, 74 percent of Chinese consumers said they could live for more than a month with only 100 RMB (which is … Read the full press release