Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

Skandinaviska Enskilda Banken lead manager for World Bank’s NOK 3.5 billion Sustainable Development bond issuance

(PRESS RELEASE) STOCKHOLM, 14-Jan-2022 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced it was the lead manager for the recent NOK 3.5 billion (EUR 350 million) Sustainable … Read the full press release

Lloyds Bank Business study: only 12 percent of small businesses across UK made the move to go digital due to the pandemic

Just 10% of small businesses launched a virtual shop window as a direct result of the pandemic  Nearly half of small businesses are yet to make the move to online 65% see lack of digital skills as main barrier to … Read the full press release

Sven Baumann to lead Barclays Investment Banking in the DACH region

(PRESS RELEASE) LONDON, 13-Jan-2022 — /EuropaWire/ — Barclays (LON: BARC), a British multinational universal bank, has announced that Sven Baumann will be appointed as Head of Investment Banking for Germany, Austria and Switzerland (DACH). Mr Baumann will provide leadership and … Read the full press release

eBill, Switzerland’s digital invoicing solution, sees tremendous adoption across the country

(PRESS RELEASE) ZURICH, 11-Jan-2022 — /EuropaWire/ — SIX Group, the operator and developer of the infrastructure services for the Swiss and Spanish Stock Exchanges, has announced a serious increase of the usage of its digital invoicing solution eBill across Switzerland. … Read the full press release

Societe Generale: ALD to acquire LeasePlan from TDR Capital led consortium for EUR 4.9 billion

(PRESS RELEASE) PARIS, 6-Jan-2022 — /EuropaWire/ — Société Générale (EPA: GLE), a European leader in financial services with over 150 years of history, has announced it signed two Memorandums of Understanding (MoU) for the acquisition of 100% of LeasePlan by … Read the full press release

Global migration of clients, technology and staff from Deutsche Bank’s Global Prime Finance and Electronic Equities businesses to BNP Paribas completed on schedule

(PRESS RELEASE) FRANKFURT AM MAIN, 5-Jan-2022 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB), Germany’s leading multinational investment bank and financial services company, and BNP Paribas (EPA: BNP), European Union’s leading bank, have announced the completion of the … Read the full press release

Credit Suisse Group AG ends its 2021 share buyback program under which it repurchased 25 million of its shares

(PRESS RELEASE) ZURICH, 3-Jan-2022 — /EuropaWire/ — Credit Suisse Group AG, a global wealth manager, investment bank and financial services firm, has announced the completion of its 2021 share buyback program called The Share Repurchase Program, which began on January … Read the full press release

HSBC’s deal for HSBC life China gets regulatory clearance

Pursuing full ownership underscores HSBC’s commitment to expanding business in China (PRESS RELEASE) LONDON, 30-Dec-2021 — /EuropaWire/ — HSBC Holdings plc, one of the world’s largest banking and financial services providers, has announced that its deal for the acquisition of … Read the full press release

SEB unveils new carbon footprint calculator aimed at the Baltic market

(PRESS RELEASE) STOCKHOLM, 29-Dec-2021 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has unveiled a new mobile app, available for everyone in all three Baltic countries, that will help … Read the full press release

EBRD to loan EUR 20 million to Bulgarian copper producer Sofia Med AD

EBRD €20 million loan to Sofia Med Funds to boost the capacity expansion investment Sofia Med to develop and implement a low-carbon strategy (PRESS RELEASE) LONDON, 27-Dec-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral … Read the full press release

EBRD to provide EUR 75 million guarantee to Raiffeisen Bank in Ukraine aimed at supporting micro, small and medium-sized enterprises

EBRD to provide €75 million guarantee to Raiffeisen Bank in Ukraine Innovative mechanism unlocks funding for MSMEs Thirty per cent of the project to finance green technologies (PRESS RELEASE) LONDON, 23-Dec-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development … Read the full press release

Deutsche Bank announces pioneering transaction in Philippines that reflects the shift of consumer lending in Asia to responsible and sustainable lending

(PRESS RELEASE) FRANKFURT, 22-Dec-2021 — /EuropaWire/ — Deutsche Bank (ETR: DBK), Germany’s leading multinational investment bank and financial services company, has announced the closing of an innovative ESG-linked loan in the Philippines with consumer finance provider Home Credit Philippines (HC … Read the full press release

ING to discontinue its presence on the retail banking market in France

(PRESS RELEASE) AMSTERDAM, 21-Dec-2021 — /EuropaWire/ — ING (AMS: INGA), a global financial institution of Dutch origin, has announced its exit from the French retail banking market. The current decision follows the Group’s strategic review that was announced in June … Read the full press release

BNP Paribas to sell its U.S. subsidiary Bank of the West, Inc. for EUR 14.4 billion to BMO Financial Group

(PRESS RELEASE) PARIS, 20-Dec-2021 — /EuropaWire/ — BNP Paribas (EPA: BNP), European Union’s leading bank, has announced the sale of its subsidiary in the United States  Bank of the West, Inc., the Group’s retail & commercial banking activities in the … Read the full press release

BNP Paribas Personal Finance to become exclusive partner of the captive of Stellantis for the financing of all its 14 brands

(PRESS RELEASE) PARIS, 17-Dec-2021 — /EuropaWire/ — BNP Paribas (EPA: BNP), European Union’s leading bank, has announced it entered into exclusive negotiations with Stellantis, a leading global automaker and provider of innovative mobility solutions formed out of the merger of … Read the full press release

Intesa Sanpaolo and SACE to financially support the USD 264 million contract for the delivery of 4 million Pietro Fiorentini Metering Kits for Hudugazta’minot gas company in Usbekistan

(PRESS RELEASE) ROME, 17-Dec-2021 — /EuropaWire/ — Intesa Sanpaolo Group (BIT: ISP), Italy’s largest banking group, has announced that together with SACE, the Italian Export Credit Agency, they will provide USD 220 million loan, out of USD 264 million in … Read the full press release

Carlos Tavares, CEO of Stellantis and Philippe Brassac, CEO of Crédit Agricole SA comment on the newly formed pan European leader in operational car leasing

(PRESS RELEASE) AMSTERDAM/ MONTROUGE, France, 17-Dec-2021 — /EuropaWire/ — Following the announcement of the creation of a new pan European leader in operational car leasing by Stellantis and Crédit Agricole, Carlos Tavares, CEO of Stellantis, and Philippe Brassac, CEO of … Read the full press release

CA Consumer Finance takes over FCA Bank and Leasys Rent to launch fully owned pan-European car financing, leasing and mobility company

Crédit Agricole Consumer Finance and Stellantis plan to create a European leader in operational car leasing Crédit Agricole Consumer Finance considers launching a new car financing, leasing and mobility company in Europe A press conference call with Stéphane Priami will … Read the full press release

New pan European leader in operational car leasing established by Stellantis and Crédit Agricole

Crédit Agricole and Stellantis intend to join forces to create a European leader in long-term leasing CA Consumer Finance plans also to launch a panEuropean, multi-brand operator in automotive financing, leasing and mobility (PRESS RELEASE) MONTROUGE, France, 17-Dec-2021 — /EuropaWire/ … Read the full press release

SEB and Planethon pilot a project for the visualization of the customers’ commercial transactions and payments sustainability

(PRESS RELEASE) STOCKHOLM, 17-Dec-2021 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced its participation in an innovative co-creation project with Planethon, a data-driven, science-based platform and business … Read the full press release

Latest Lloyds Bank UK Recovery Tracker: record input cost pressure as energy and salary costs soar squeezed firms’ margins

Latest Lloyds Bank UK Recovery Tracker reveals that the pace of the UK’s recovery slowed in November. Ten of 14 UK sectors monitored posted output growth, two fewer than in October, while just four saw output growth accelerate month-on-month.  Rising … Read the full press release

Fidupar Now Live on Framework’s Core Solution

Leading Luxembourg fund servicing company Fidupar goes live with Framework’s investment and operations platform, further scaling its private asset administration and investor services capability. (PRESS RELEASE) LONDON, 13-Dec-2021 — /EuropaWire/ — Framework, a specialist provider of middle and back-office technology … Read the full press release

Leadership changes at Societe Generale to meet the increased importance of ESG and digital transformation

(PRESS RELEASE) PARIS, 10-Dec-2021 — /EuropaWire/ — Société Générale (EPA: GLE), a European leader in financial services with over 150 years of history, has announced that the adaptations of the organisation of the Group’s General Management team proposed by Frédéric … Read the full press release

Deutsche Bank delivered an innovative AI-powered treasury solution for Merck India, world’s oldest operating chemical and pharmaceutical company

An innovative solution seamlessly integrates trade finance, cash management and FX needs, into a single, streamlined and automated workflow (PRESS RELEASE) FRANKFURT AM  MAIN, 2-Dec-2021 — /EuropaWire/ — Deutsche Bank (ETR: DBK), Germany’s leading multinational investment bank and financial services … Read the full press release

SEB Investment Outlook: 2021 seen as a year of strong recovery however the outlook for 2022 is less clear

(PRESS RELEASE) STOCKHOLM, 30-Nov-2021 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced the release of its Investment Outlook November 2021 which sees the end of a year … Read the full press release

58 Swedish Savings Banks renew their cooperation agreement with Swedbank banking group

(PRESS RELEASE) STOCKHOLM, 29-Nov-2021 — /EuropaWire/ — Swedbank (STO: SWED-A), a Nordic-Baltic banking group, has announced the extension of its cooperation agreement with Savings Banks. The 58 collaborating Savings Banks, operating some 190 branches and serving roughly 2 million retail … Read the full press release

Credit Suisse’s digital bank service CSX turns 1: now Switzerland’s best-known brand for digital banking

(PRESS RELEASE) ZÜRICH, 26-Nov-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced that its digital banking offering CSX [https://csx.credit-suisse.com] is taking off just one year since its launch. Now the digital … Read the full press release

Eni, ELITE, illimity Bank launch innovative financial tool dedicated to the energy transition

(PRESS RELEASE) SAN DONATO MILANESE, 25-Nov-2021 — /EuropaWire/ — Eni (BIT: ENI), an Italian multinational energy company with focus on innovation, efficiency and accessibility for all, has announced the launch of an innovative financial tool “Basket Bond – Sustainable Energy” … Read the full press release

ING share buyback update: 7,497,567 shares repurchased, 15 – 19 November 2021

(PRESS RELEASE) AMSTERDAM, 23-Nov-2021 — /EuropaWire/ — ING (AMS: INGA), a global financial institution of Dutch origin, has announced it repurchased 7,497,567 shares during the week of 15 November 2021 up to and including 19 November 2021 as part of … Read the full press release

Olivier Vigneron to succeed Stuart Lewis as Deutsche Bank’s Group Chief Risk Officer effective June 1, 2022

(PRESS RELEASE) FRANKFURT, 22-Nov-2021 — /EuropaWire/ — Deutsche Bank (ETR: DBK), Germany’s leading multinational investment bank and financial services company, has announced the appointment of Olivier Vigneron as the bank’s Group Chief Risk Officer in effect as of June 1, … Read the full press release