Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Robeco strengthens commitment to sustainable investing with exclusion of investments in thermal coal, oil sands and Arctic drilling

(PRESS RELEASE) ROTTERDAM, 24-Sep-2020 — /EuropaWire/ — Asset management firm, Robeco announces its decision to exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds as an important next step in its sustainable investing approach. … 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

Suez 2030 transformation strategy update: results exceed our objectives

EPS1 from €0.75 to €0.80 in 2021 and up to €1.0 in 2022 Ordinary dividend at €0.65 paid in 2021 and growing to €0.70 in 2022 Exceptional dividend or share buyback of at least €1bn as soon as possible and by … Read the full press release

Professor Sir Steve Smith donates in support of University of Exeter’s first ever Giving Day

(PRESS RELEASE) EXETER, 22-Sep-2020 — /EuropaWire/ — The University of Exeter, a public research university, has announced that its former Vice-Chancellor, Professor Sir Steve Smith, has supported its first ever Giving Day with a donation of £10,000 to the scholarship … 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

Syniti Launches Podcast Series to Address Growing Focus on Mergers, Acquisitions and Divestitures, featuring Leading CEOs

(PRESS RELEASE) BOSTON, MA, U.S.A., 18-Sep-2020 — /EuropaWire/ — Syniti, a leader in enterprise data management, announced today the launch of a global weekly podcast series, the “CEO TO CEO Podcast.” This new podcast focuses on delivering exclusive insights for … Read the full press release

Allianz Benelux (Belgium) to transfer closed book of classical life retail insurances and 4,500 mortgage loans to Monument Assurance Belgium (MAB)

Allianz successfully executing its Life strategy to move to modern capital light insurance products, mainly Branch 23 and protection in Belgium As a next step Allianz is to sell 95,000 policies that are part of its closed classical life retail … 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

Cargotec in 3Q 2020: orders received and comparable operating profit likely higher vs 2Q 2020

(PRESS RELEASE) HELSINKI, 15-Sep-2020 — /EuropaWire/ — Cargotec (HEL: CGCBV), Finnish cargo-handling machinery maker, has announced its third quarter 2020 is better than expected. The company estimates orders received and comparable operating profit to increase compared to the second quarter … 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

EQT to support idealista’s next stage of growth

EQT IX to acquire the leading online real estate classifieds platform in Southern Europe idealista (PRESS RELEASE) STOCKHOLM, 10-Sep-2020 — /EuropaWire/ — The EQT IX fund announces that it has agreed to invest in idealista (“the Company”) by acquiring majority … 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

Centre for Economics and Business Research: return to full operation in UK schools could raise GDP by 3.3%, roughly £70 billion a year

(PRESS RELEASE) LONDON, 31-Aug-2020 — /EuropaWire/ — Centre for Economics and Business Research (Cebr), one of UK’s leading economics consultancies, has announced that UK’s GDP could stand £70 billion higher when the schools reopen, but part of the swing will … 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

Digi Communications NV announces the release of the H1 2020 Financial Results

Digi Communications NV announces the release of the H1 2020 Financial Results

(PRESS RELEASE) BUCHAREST, Romania, 14-Aug-2020 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that H1 2020 financial results are available on the Company’s website. For details, please see: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares About Digi Communications NV We are a European … Read the full press release

thyssenkrupp CEO Martina Merz on first 9 months 2019/2020: business came through the crisis slightly better than initially feared in Q3 overall

Weeks of stoppages and slump in auto sector impact in particular materials and components businesses Structural challenges continue to weigh on steel business Sales of continuing operations after 9 months down 15 percent year-on-year Adjusted EBIT in Q3 significantly negative … 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

New Chief Financial Officers appointed at Mono Solutions & Bauer Media Group SME Services

(PRESS RELEASE) COPENHAGEN, 10-Aug-2020 — /EuropaWire/ — Mono Solutions, part of Bauer Media Group’s SME Services, welcomes Jeppe Gammelby in the role as Chief Financial Officer (CFO) starting August 1, 2020. The Management team is delighted to onboard a new … 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