Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

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

Barclays research: getting ahead with your Christmas prep in the Boxing Day and January sales can be well worth it

Shopping for the following Christmas in the Boxing Day and January sales could save you £13,000 across your lifetime One in three Brits (34%) admit that they have done all their Christmas shopping in the Boxing Day and January sales … Read the full press release

Olympique et Paralympique : Ma Belle Tribu met à l’honneur le sport à l’école en organisant un appel à projets sur cette thématique

PARIS, 26-Dec-2018 — /EuropaWire/ — Dans le cadre de la semaine Olympique et Paralympique organisée du 4 au 9 février 2019, Ma Belle Tribu, plateforme de financement participatif par le don initiée par la CASDEN Banque Populaire, met à l’honneur le … Read the full press release

US Customer Data Platform authority David Raab to Host First CDP Workshop in Belgium

BRUSSELS, 21-Dec-2018 — /EuropaWire/ — Today’s marketers have more data available than ever but struggle to pull it together in a usable format. Customer Data Platform (CDP) technology offers the promise to solve this problem by offering easy-to-deploy systems resulting … Read the full press release

HSH Nordbank will provide international investment managers First State Investments (FSI) with € 75 million loan

HAMBURG/ KIEL, 20-Dec-2018 — /EuropaWire/ — HSH Nordbank will provide international investment managers First State Investments (FSI) as the mandated lead arranger (MLA) with € 75 million as part of an acquisition loan totalling € 364 million. FSI will use these … 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

Teollisuuden Voima Oyj (TVO) takes EUR 65 million from NIB for safety system upgrades in two existing nuclear power plant units in Finland

HELSINKI, 19-Dec-2018 — /EuropaWire/ — NIB and the Finnish energy company Teollisuuden Voima Oyj (TVO) have signed a loan agreement of EUR 65 million financing safety system upgrades in two existing nuclear power plant units in Finland. This ten-year loan will contribute to TVO’s refurbishment project … Read the full press release

Swedish telecom operator Tele2 AB takes EUR 194 million loan from NIB for its merger with TV and broadband provider Com Hem

NIB and the Swedish telecom operator Tele2 AB have signed a SEK 2 billion (EUR 194 million) loan agreement to finance the company’s merger with TV and broadband provider Com Hem. HELSINKI, 19-Dec-2018 — /EuropaWire/ — The eight-year maturity loan finances the merger of the … Read the full press release

Kerstin Winlöf appointed new Head of Group Savings at Swedbank

Kerstin Winlöf, currently Chief Operating Officer within Wealth Management and Wholesale Banking at Nordea, has been appointed new Head of Group Savings at Swedbank. Kerstin Winlöf will assume her new role at the latest 1 May, 2019. In addition, she … Read the full press release

US-amerikanischer Customer-Data-Platform-Experte David M. Raab leitet ersten gemeinsamen CDP-Workshop mit b.telligent in München

MÜNCHEN, 17-Dec-2018 — /EuropaWire/ — Marketer können heutzutage auf eine wahre Flut von Daten zugreifen, stehen jedoch mehr denn je vor der Schwierigkeit, diese in einem nutzbaren Format zusammenzufassen. Zukünftig wird es vor allem darauf ankommen, die Architektur von Marketing-Automation-Systemen weiterzuentwickeln, … Read the full press release

Helaba to buy 100% of the shares in Dexia Kommunalbank Deutschland (DKD) for EUR 352 million

BRUSSELS, PARIS, FRANKFURT, 14-Dec-2018 — /EuropaWire/ — Dexia and Helaba today announce that they have signed a sale and purchase agreement allowing Helaba to buy 100% of the shares in Dexia Kommunalbank Deutschland (DKD) for a total consideration of EUR 352 … Read the full press release