Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

Energy transition: NIB supports modernisation and contruction of new hydropower plant in Finland

(PRESS RELEASE) HELSINKI, 2-Dec-2020 — /EuropaWire/ — NIB announces that it has signed a 10-year loan agreement of EUR 10 million with Finnish Kuurnan Voima Oy. The funds will be used to reburbish Kuurna hydropower plant and to build Laurinvirta … Read the full press release

EIB signs €15.0 million financing deal with AB Science to support the development of masitinib as a treatment for COVID-19

Financing deal worth €15.0 million signed to support clinical development programme for masitinib Masitinib developed as a credible candidate for treating COVID-19 in addition to other diseases for which no therapeutic solutions are available (PRESS RELEASE) PARIS, 30-Nov-2020 — /EuropaWire/ — … Read the full press release

Standard Chartered and CDC Group ramp up their trade finance programme to help business sectors impacted by COVID-19 across sub-Saharan Africa and South Asia

(PRESS RELEASE) LONDON, 13-Nov-2020 — /EuropaWire/ — Standard Chartered (LON: STAN), a leading international banking group, and CDC Group, UK’s development finance institution and impact investor, have announced an additional US$100 million commitment to their existing master risk participation agreement. … Read the full press release

BBVA releases its first TCFD report

(PRESS RELEASE) BILBAO, 10-Nov-2020 — /EuropaWire/ — BBVA (BME: BBVA), a Spanish multinational financial services company, has announced the release of its first report on the risks and opportunities associated with climate change according to the Task Force on Climate-related … Read the full press release

Standard Chartered welcomes Michael Spiegel as its Global Head, Transaction Banking

Kai Fehr joins Bank as Head of Trade Lisa Robins retires from banking after distinguished career (PRESS RELEASE) SINGAPORE, 6-Nov-2020 — /EuropaWire/ — British multinational banking and financial services company, Standard Chartered announces the appointment of Michael Spiegel as Global … Read the full press release

BNP Paribas welcomes Sofia Merlo to its Executive Committee and as Head of Group Human Resources

(PRESS RELEASE) PARIS, 2-Nov-2020 — /EuropaWire/ — BNP Paribas announces the appointment of Sofia Merlo as Head of Group Human Resources and a member of its Executive Committee. She succeeds Yves Martrenchar, who becomes Senior Advisor and who will lead … Read the full press release

e-commerce payments and ID platform Nuggets is the winner of 2020 Female FinTech Competition

The company offers a decentralised self-sovereign identity and payment platform (PRESS RELEASE) FRANKFURT, 30-Oct-2020 — /EuropaWire/ — Deutsche Bank (ETR: DBK), a German multinational investment bank and financial services company, has announced, as part of its support of 2020 Female … Read the full press release

EBRD finances Sojaprotein’s expansion and supports Serbia’s agribusiness potential with €25 million loan

EBRD loan of €25 million to Serbia’s Sojaprotein Company to expand production to meet increasing demand from international customers Promoting Serbia’s huge potential in agribusiness (PRESS RELEASE) LONDON, 30-Oct-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) … Read the full press release

Credit Suisse clients now with access to The Conduit Connect’s impact investment opportunities

(PRESS RELEASE) ZURICH, 23-Oct-2020 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced a new partnership with The Conduit Connect, a London-based club focused on driving positive social change, aimed at matching … Read the full press release

Leadership changes at Erste Group Bank AG

Gerda Holzinger-Burgstaller appointed as the new CEO of Erste Bank Oesterreich Thomas Schaufler and Maurizio Poletto to join Erste Group’s Management Board Erste Group CEO Bernd Spalt sets course to accelerate digital transformation (PRESS RELEASE) VIENNA, 16-Oct-2020 — /EuropaWire/ — … Read the full press release

UniCredit to support social entrepreneurship through its sponsorship in Finance 4 Social Change

(PRESS RELEASE) MILAN, 16-Oct-2020 — /EuropaWire/ — UniCredit announces its participation in the Finance 4 Social Change (F4SC) project as the Main Partner.Through UniCredit’s Social Impact Banking (SIB) programme and in line with the Bank’s strong commitment to building a … Read the full press release

Swiss Canton Zug cuts its corporate taxes and returns on top of 2020’s Credit Suisse Locational Quality Indicator

(PRESS RELEASE) ZURICH, 13-Oct-2020 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the release of its Locational Quality Indicator annual study for 2020 that looks into the locational quality of Swiss … Read the full press release

HSBC sets goals on becoming a net zero bank

HSBC to align its portfolio of financed emissions to the Paris Agreement goal to achieve net zero by 2050 HSBC to target net zero in operations and supply chain by 2030 (PRESS RELEASE) LONDON, 9-Oct-2020 — /EuropaWire/ — British multinational … Read the full press release

Deutsche Bank to invests significant portion of art auction proceeds in contemporary art

Around 200 works of art that are not part of the collection’s main focus are being sold / The bank is investing a significant portion of the proceeds in contemporary art (PRESS RELEASE) FRANKFURT, 8-Oct-2020 — /EuropaWire/ — Deutsche Bank … Read the full press release

French Treasury Director-General Odile Renaud-Basso to succeed Sir Suma Chakrabarti as EBRD president

(PRESS RELEASE) LONDON, 8-Oct-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that its Board of Governors has elected Odile Renaud-Basso of France as its next President. Currently Director-General at the French Treasury, Ms Renaud-Basso replaces Sir Suma … Read the full press release

Barclays to support farmers reach carbon net zero goal through Agri-Tech

Campaign launched as research reveals that UK farmers could be carbon neutral within 15 years 8 in 10 farmers believe they will be carbon neutral by 2035 Two-thirds of farmers say sustainability is one of their top priorities Shoppers willing … Read the full press release

Skandinaviska Enskilda Banken AB (SEB) to release 3Q 2020 results on 22 October 2020

(PRESS RELEASE) STOCKHOLM, 7-Oct-2020 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced it will publish its results for the third quarter 2020 on Thursday, 22 October, 2020 … Read the full press release

World Payments Report 2020: compound annual growth rate (CAGR) of 12% expected for global non-cash transactions for 2019-2023

A recipe of increased payment volume consumer behavior shifts, and greater risk create a new landscape for payments (PRESS RELEASE) PARIS, 6-Oct-2020 — /EuropaWire/ — Capgemini (EPA: CAP), a French multinational global leader in consulting, technology services and digital transformation, has … Read the full press release

Credit Suisse study: pension situation in Switzerland likely to deteriorate considerably in the future without far-reaching reforms

(PRESS RELEASE) ZURICH, 22-Sep-2020 — /EuropaWire/ — Credit Suisse (SWX: CSGN), a global wealth manager, investment bank and financial services firm, has released its study on retirement provision in Switzerland showing that the path to early retirement is becoming more difficult. … Read the full press release

Lloyds Bank’s UK Recovery Tracker: Tourism and recreation sectors in UK outperforming their international counterparts in August 2020

13 of the 14 UK sectors tracked by Lloyds Bank’s UK Recovery Tracker were ahead of the global recovery benchmark in August. Transport was the only UK sector to report a decline in output in August, with automotive, healthcare, chemicals … Read the full press release

Barclays to invest 28 million EUR in Barrenjoey, an Australia-based full-service financial services firm

(PRESS RELEASE) LONDON, 21-Sep-2020 — /EuropaWire/ — British multinational investment bank and financial services company, Barclays to become a foundation investor in Barrenjoey Capital Partners (“Barrenjoey”), a newly-established Australia-based full-service financial services firm. Barrenjoey, launching in mid-2021, will provide corporate … Read the full press release

Global survey: COVID-19 will accelerate the shift to a cashless world

Survey results also supported by Standard Chartered’s ATM withdrawals data (PRESS RELEASE) LONDON, 15-Sep-2020 — /EuropaWire/ — Standard Chartered (LON: STAN), a British multinational banking and financial services company, has released its latest global survey that looks into how COVID-19 … Read the full press release

Deutsche Bank’s Investment Bank in Asia racks in three house awards at this year’s Risk.Net’s Asia Risk awards

(PRESS RELEASE) FRANKFURT, 11-Sep-2020 — /EuropaWire/ — Deutsche Bank (ETR: DBK), a Frankfurt based multinational investment bank and financial services company, has announced its Investment Bank in Asia has topped UK trade publication Risk.Net’s Asia Risk awards this year with … Read the full press release

EBRD helps Turkish businesses overcome coronavirus crisis with new US$ 54 million loan to Isbank

(PRESS RELEASE) LONDON, 8-Sep-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) expands access to finance for Turkish businesses to help them recover from the pandemic, with a new US$ 54 million loan to Isbank, the largest … Read the full press release

EBRD introduces mediation as an alternative way of dispute resolution in Moldova

(PRESS RELEASE) LONDON, 8-Sep-2020 — /EuropaWire/ — The EBRD, through its Legal Transition Programme (LTP), has implemented a number of projects to establish a robust alternative dispute resolution (ADR) framework and practice in the Moldova. The initiative has been supported by … Read the full press release

Deutsche Bank launches digital enhancements to its educational projects

(PRESS RELEASE) FRANKFURT, 8-Sep-2020 — /EuropaWire/ — Deutsche Bank responds to the increased inequalities in the education system caused by the coronavirus pandemic by launching more digital education projects. Since the outbreak of the COVID-19 pandemic the education system has … Read the full press release

Aktia Life Insurance’s Director of Business Development Riikka Luukko becomes the insurer’s new CEO

(PRESS RELEASE) HELSINKI, 31-Aug-2020 — /EuropaWire/ — Finnish Aktia Life Insurance, part of Aktia Bank (HEL: AKTIA), has announced it will have a new CEO beginning of 1 September, 2020. The insurer’s current Director of Business Development and Board member … Read the full press release

Barclays to accelerate its European Equity Capital Market franchise growth with new appointment

(PRESS RELEASE) LONDON, 24-Aug-2020 — /EuropaWire/ — British multinational investment bank Barclays appoints Manuel Esteve as Head Of Equity Capital Markets, Continental Europe. Based in London, Manuel will report to Tom Johnson, Head Of Equity Capital Markets EMEA. Manuel has … Read the full press release

Intesa Sanpaolo to support SMEs in Enel’s supply chain in their sustainable development

The agreement aims to support small and medium-sized enterprises that are part of the Enel supply chain in their growth and sustainable development Companies that join Enel’s Supplier Development Program will have quick access to a wide range of loans, … Read the full press release

Kieran Doran to lead Barclays’ Aerospace & Defense Investment Banking

(PRESS RELEASE) LONDON, 20-Aug-2020 — /EuropaWire/ — British multinational investment bank and financial services company Barclays announces the appointment of Kieran Doran as a Managing Director in Aerospace & Defense Investment Banking. Based in New York, Mr. Doran will report … Read the full press release