Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

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

New appointment at Barclays to further develop cross-border opportunities for global clients

(PRESS RELEASE) LONDON, 20-Aug-2020 — /EuropaWire/ — British multinational investment bank Barclays announces the appointment of Philipp Gillmann as a Managing Director and Head of Logistics Banking EMEA (Europe, the Middle East and Africa). Reporting to Peter Kimpel, Head of … Read the full press release

Eleven Awards for Deutsche Bank in Asia during 2020 a testimony to its truly market-leading offering in APAC

(PRESS RELEASE) FRANKFURT, 19-Aug-2020 — /EuropaWire/ — German multinational investment bank and financial services company Deutsche Bank (ETR: DBK) has announced it won Best Corporate Trust Bank in APAC and Best Domestic Custodian in four regional markets. The Asset Magazine, … Read the full press release

Barclays’ new NDF algorithms put the bank at the forefront of a significant evolution in FX algos

(PRESS RELEASE) LONDON, 18-Aug-2020 — /EuropaWire/ — British universal bank Barclays (LSE: BARC / NYSE: BCS) has announced the launch of new non-deliverable forwards (NDF) algorithms on the BARX electronic trading platform. The NDF algorithms are the latest addition to … Read the full press release

Huynh Buu Quang to lead Deutsche Bank’s expansion in Vietnam

(PRESS RELEASE) FRANKFURT, 18-Aug-2020 — /EuropaWire/ — One of the world’s leading financial service providers Deutsche Bank (ETR: DBK) has announced that Huynh Buu Quang, a respected Vietnamese banker, will be appointed as Acting Chief Country Officer (CCO) Vietnam, pending … Read the full press release

DNV GL completes technical due diligence of Spain’s largest single wind farm on behalf of Banco de Sabadell and Bankia

The Gecama wind farm will provide clean energy to approximately 260,000 Spanish households (PRESS RELEASE) MADRID, 13-Aug-2020 — /EuropaWire/ — DNV GL, the world’s largest resource of independent energy experts and certification body and part of Det Norske Veritas Holding … Read the full press release

Longstanding PRI signatory Dutch entrepreneurial development bank (FMO) achieved the highest scores possible across the board in the 2020 UNPRI Assessment Report

(PRESS RELEASE) THE HAGUE, 11-Aug-2020 — /EuropaWire/ — Leading impact investor FMO (Dutch development bank) has announced it has scored A+ across the board in 2020’s UNPRI Assessment Reports for its investor signatories. The PRI (Principles for Responsible Investing) is … Read the full press release

COVID 19: KfW Development Bank to finance four hospitals in Iraq to help them prepare for the peak of the pandemic expected in autumn

(PRESS RELEASE) FRANKFURT, 10-Aug-2020 — /EuropaWire/ — Frankfurt, Germany based KfW Development Bank (KfW Entwicklungsbank GmbH) has announced it will provide funding for four hospitals in Iraq on behalf of the Federal Government. Funds will be used to help prepare … Read the full press release

EBRD and KfW IPEX-Bank finance new plant for innovative car batteries to support e-mobility in Poland

EBRD and KfW IPEX-Bank provide EUR 135 million loan for new Johnson Matthey plant in Poland Facility will produce innovative materials for electric car batteries Next step towards larger use of electric vehicles (PRESS RELEASE) FRANKFURT, 7-Aug-2020 — /EuropaWire/ — … Read the full press release

Leadership changes at Societe Generale aimed at accelerating the transformation of the businesses

(PRESS RELEASE) PARIS, 4-Aug-2020 — /EuropaWire/ — French multinational investment bank and financial services company Societe Generale (EPA: GLE) has announced it will make leadership changes at the Societe Generale Group management team to accelerate the transformation of the businesses … Read the full press release

Ukraine’s largest natural gas producer Ukrgasvydobuvannya to reduce the country’s dependency on imports with €51.9 million backing from EBRD

EBRD provides €51.9 million loan to key Ukraine gas producer UGV Increased productivity and energy efficiency measures Environmental benefits and stronger corporate culture (PRESS RELEASE) LONDON, 3-Aug-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral … Read the full press release

Stefan Simon and Alexander von zur Muehlen now part of the extended Management Board of Deutsche Bank

(PRESS RELEASE) FRANKFURT, 3-Aug-2020 — /EuropaWire/ — Deutsche Bank (ETR: DBK), one of the world’s leading financial service providers, has announced its Management Board now has two additional members as of August 1, 2020. The new board members are Stefan … Read the full press release

New Customer Data Platform Options Emerge During Pandemic Slowdown: CDP Institute Report

CDP Institute Logo New

(PRESS RELEASE) SWARTHMORE, PA, U.S.A., 28-Jul-2020 — /EuropaWire/ — The Customer Data Platform industry continued to grow in the first half of 2020, but at a slower pace as cautious buyers absorbed pandemic-related budget cuts and assessed new entries from … Read the full press release

Bankinter resultados 1S 2020: cifras de ingresos récord; la inversión crediticia crece un 7%

El beneficio del Grupo se reduce un 64,7% debido a las provisiones extraordinarias de 192,5 millones de euros para afrontar el cambio de escenario macroeconómico y por la ausencia de los extraordinarios de 2019. La inversión crediticia crece un 7%, … Read the full press release

NIB loans EUR 17 million to Moelven Industrier for new wood pellet and bioenergy plant at Sokna, Norway

(PRESS RELEASE) HELSINKI, 22-Jul-2020 — /EuropaWire/ — The international financial institution with focus on the Nordic and Baltic countries The Nordic Investment Bank (NIB) has announced it will provide NOK 200 million (EUR 17.73 million) to Moelven Industrier ASA in … Read the full press release

EBRD instrumental in key energy efficiency laws adopted by Georgia aimed at helping the country strengthen its energy links with the EU

Government of Georgia adopts key energy efficiency laws Focus on reducing energy intensity while strengthening resilience of the economy EBRD supported drafting of reform concept (PRESS RELEASE) LONDON, 17-Jul-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) … Read the full press release

LBBW and KfW IPEX-Bank to fund the expansion of Karaburun wind farm in Turkey

(PRESS RELEASE) FRANKFURT, 16-Jul-2020 — /EuropaWire/ — German banks Landesbank Baden-Württemberg (LBBW) and KfW IPEX-Bank, a wholly owned subsidiary of KfW, will provide funding for the expansion of the Karaburun wind farm located just near by Izmir in Turkey. The … Read the full press release

Skandinaviska Enskilda Banken AB (SEB) one of five banks chosen to execute Sweden’s EUR 2 billion first green bond

(PRESS RELEASE) STOCKHOLM, 14-Jul-2020 — /EuropaWire/ — The leading Nordic corporate bank Skandinaviska Enskilda Banken AB (SEB) will be the joint lead manager for Sweden’s first green bond. SEB is one of five banks with a mandate to execute the … Read the full press release

Lloyds Bank to address growing popularity of subscription services with new feature in its mobile banking app

Subscriptions to popular services including streaming services have quadrupled during the UK lockdown New Lloyds Bank feature makes managing subscriptions easier for customers The service is currently being piloted and will be available soon to customers across the UK (PRESS … Read the full press release