Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

Crédit du Nord and Société Générale retail banks merger: 1,450 branches, 10 million clients with 25,000 employees in 2025

(PRESS RELEASE) PARIS, 12-Oct-2021 — /EuropaWire/ — Société Générale (EPA: GLE), a European leader in financial services with over 150 years of history, has announced it submits a complete dossier to its employee representative organisations setting out in detail the … Read the full press release

Skandinaviska Enskilda Banken (SEB) maintains its high ratings in the Prospera Commissioned Research 2021 survey

(PRESS RELEASE) STOCKHOLM, 11-Oct-2021 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced it earned a top ranking in commissioned research in Prospera’s new survey where 128 buyers … Read the full press release

Angela Liu to lead Barclays China

(PRESS RELEASE) LONDON, 11-Oct-2021 — /EuropaWire/ — Barclays (LON: BARC), a British multinational universal bank, has announced the appointment of Angela Liu as Country CEO, China. As Barclays continues to reinforce its Asia Pacific franchise the leadership change will strengthen … Read the full press release

Societe Generale The Future Is You Foundation launches with €7 million annual budget to help young people across France and Africa

Bringing together solidarity sponsorship and musical patronage within the new Societe Generale The Future Is You Foundation Greater support for young people to help them to build their future An annual budget of €7 million for the Foundation’s initiatives, mainly … Read the full press release

ING initiates the repurchase of ordinary shares of ING Groep as part of €1.7 billion share buyback programme

(PRESS RELEASE) AMSTERDAM, 1-Oct-2021 — /EuropaWire/ — ING (AMS: INGA), a Dutch multinational banking and financial services group, has announced the start of a share buyback programme under which it plans to repurchase ordinary shares of ING Groep, with a … Read the full press release

Orange to increase the capital of its bank with EUR 230 million; buys Groupama’s stake

(PRESS RELEASE) PARIS, 1-Oct-2021 — /EuropaWire/ — Orange S.A. (EPA: ORA), a French multinational telecommunications group, has announced it will invest EUR 230 million in its bank (Orange Bank) to increase the capital and speed up the growth projects envisaged … 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

European Investment Bank commits EUR 500 million to Ørsted’s increased capex programme on renewable energy projects

(PRESS RELEASE) FREDERICIA, 29-Sep-2021 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced it secured a EUR 500 million loan from the European … Read the full press release

Dr Moritz Kraemer to succeed Uwe Burkert as LBBW’s Head of Research and the associated function of Chief Economist

(PRESS RELEASE) STUTTGART, 27-Sep-2021 — /EuropaWire/ — Landesbank Baden-Württemberg (LBBW) a universal bank and the Landesbank for some Federal States of Germany, has announced the appointment of Dr Moritz Kraemer as its new Chief Economist. In effect from 5 November, … Read the full press release

Paul Achleitner, Deutsche Bank Chairman, speech at the 10th Frankfurt Supervisory Board Day, September 23, 2021

(PRESS RELEASE) FRANKFURT AM MAIN, 23-Sep-2021 — /EuropaWire/ — Deutsche Bank (ETR: DBK), Germany’s leading multinational investment bank and financial services company, has announced that its Chairman Paul Achleitner will speak at the 10th Frankfurt Supervisory Board Day on September … 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

Credit Suisse: The risk of inflation in Switzerland and Europe is too low for the European Central Bank and Swiss National Bank to raise key interest rates

Credit Suisse publishes “Monitor Switzerland” for Q3 2021 (PRESS RELEASE) ZÜRICH, 15-Sep-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the release of its quarterly “Monitor Switzerland” for Q3 2021. The … Read the full press release

EBRD’s Women in Business and the Women Entrepreneurs Finance Initiative (We-Fi) to help Mongolian furniture manufacturer Ganbros set foothold in Russian and Chinese markets

(PRESS RELEASE) LONDON, 13-Sep-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), an international financial institution, has announced that its Women in Business programme funded by the Women Entrepreneurs Finance Initiative (We-Fi) will provide support and business … Read the full press release

Exhibition at the Bank for International Settlements headquarters in Basel, Switzerland to mark the organisation’s 90th anniversary

BIS will open its headquarters in Basel, Switzerland to the public for an exhibition marking 90 years since its establishment. BIS 90 Years exhibition will showcase the Bank’s past, present and future role in promoting global monetary and financial stability. Open … Read the full press release

Garanti BBVA becomes the first and only Turkish bank to join the Net-Zero Banking Alliance (NZBA)

(PRESS RELEASE) BILBAO, 3-Sep-2021 — /EuropaWire/ — Garanti BBVA, Turkey’s second largest private bank and part of Spanish bank BBVA, has announced it is joining the United Nations’ Net-Zero Banking Alliance thus becoming Turkey’s first and only bank to join … Read the full press release

German BaFin grants CSDR licence for banking services for Clearstream Banking AG

Banking licence for its German CSD marks final CSDR licence for Clearstream CSDR represents major step towards a harmonised European post-trade space (PRESS RELEASE) FRANKFURT, 26-Aug-2021 — /EuropaWire/ — Deutsche Börse Group (ETR: DB1), an international exchange organisation and innovative … Read the full press release

Lloyds Bank survey: UK businesses demonstrated incredible resilience over the pandemic period, case studies

Business across the UK (48%) report that the pandemic sparked a wave of creative thinking. Manufacturing firms were the most likely to adapt through changes to their operating patterns (28%) and expanding the product offering (22%). London (63%) and North … Read the full press release

HSBC Holdings plc through HSBC Insurance (Asia-Pacific) Holdings Ltd takes over AXA Insurance Pte Limited (AXA Singapore) for US$575 million

A key milestone supporting HSBC’s ambition to be Asia’s leading insurance and wealth provider Strengthening Singapore as a global wealth hub for HSBC (PRESS RELEASE) LONDON, 16-Aug-2021 — /EuropaWire/ — HSBC Holdings plc, one of the world’s largest banking and … Read the full press release

UK Export Finance (UKEF) signs MoU with Central America’s leading development bank for joint financing of major clean energy, infrastructure and construction projects in the region

Memorandum of Understanding (MoU) will enable closer economic collaboration between the UK and Central America. Countries that can benefit from the joint financing agreement include the Dominican Republic, Panama, Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica. The partnership will … Read the full press release

Barclays research: not the older generation but the younger Brits were scammed the most in the past three months

Majority of Brits incorrectly assume older people are more likely to be scammed, leaving younger generations more susceptible Barclays data reveals that those aged between 21 and 30 were scammed the most in the past three months Barclays is reminding … Read the full press release

Lithuanian Public Investment Development Agency gets €67.5 million from EBRD for renovation of residential multi-apartment buildings

Loan of €67.5 million to  improve buildings’ energy performance by 40 per cent Second EBRD loan to VIPA scales up successful collaboration on greening buildings Lithuanian project aligns with broader EU climate ambition including Renovation Wave Strategy (PRESS RELEASE) LONDON, … Read the full press release

Customer Data Platform Industry Accelerated During Pandemic: CDP Institute Report

CDP Institute Logo New

(PRESS RELEASE) MILFORD, CT, United States, 28-Jul-2021 — /EuropaWire/ — Customer Data Platform (CDP) vendors grew at a record pace during the first half of 2021, according to the CDP Institute’s latest Industry Update report. The semi-annual report found that … Read the full press release

Lloyds Bank Recovery Tracker June 2021: UK hospitality businesses grow at the fastest rate in nine years

UK tourism and recreation sector output grew at the fastest rate since January 2012. The output of every UK sector monitored grew for a third consecutive month in June. However, only five out 14 sectors posted faster month-on-month growth down … Read the full press release

BNP Paribas completes Exane acquisition

(PRESS RELEASE) PARIS, 13-Jul-2021 — /EuropaWire/ — BNP Paribas (EPA: BNP), European Union’s leading bank, has announced the completion of the acquisition of Exane, one of the main investment companies in Europe. The banking group has now received all necessary … Read the full press release

Citra Living: Lloyds Banking Group enters the private rental sector to help expand availability of quality and affordable homes in UK

(PRESS RELEASE) LONDON, 7-Jul-2021 — /EuropaWire/ — British financial institution, Lloyds Banking Group announces its entry into the private rental market by launching Citra Living, as part of its commitment to Helping Britain Recover and helping to expand the availability … Read the full press release

Personalised financial advice startup Radicant selects Swisscom and Finnova for technology and outsourcing support

(PRESS RELEASE) BERN, 6-Jul-2021 — /EuropaWire/ — Swisscom announces that it has been chosen, together with Finnova, to provide the digital foundation for the strategic investment of the Basellandschaftliche Kantonalbank. Radicant, a digital financial services provider specialising in sustainability, will … Read the full press release

EBRD provides financing for digital transformation of electricity distribution network in Romania

RON-equivalent of €40 million to help build resilient electricity distribution network in Romania Digitalisation to lead to greater operational efficiency Smart grid will promote integration of renewable projects (PRESS RELEASE) LONDON, 2-Jul-2021 — /EuropaWire/ — European Bank for Reconstruction and … Read the full press release

Bronson Albery to lead Real Estate Banking EMEA at Barclays Investment Bank

(PRESS RELEASE) LONDON, 28-Jun-2021 — /EuropaWire/ — Barclays Investment Bank, a British multinational investment bank, has announced the appointment of Bronson Albery as Head of Real Estate Banking for Europe, Middle East and Africa (EMEA). He joins in August and … Read the full press release

Deutsche Bank to upgrade its existing databases to Oracle Exadata Cloud@Customer

Deutsche Bank selects Oracle Exadata Cloud@Customer to consolidate key databases in its selected data centers Companies form innovation partnership to modernize Deutsche Bank’s mission-critical databases and enable new financial products and services (PRESS RELEASE) FRANKFURT AM MAIN, 24-Jun-2021 — /EuropaWire/ … Read the full press release

EBRD appoints Elisabetta Falcetti as the new Head for Poland

(PRESS RELEASE) LONDON, 15-Jun-2021 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces the appointment of Elisabetta Falcetti as the new Head in in central Europe and the Baltic states (CEB). EBRD President Odile Renaud-Basso has formally introduced … Read the full press release