Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EQT’s science based targets approved and validated by the SBTi

EQT accelerates its journey to address climate change by defining ambitious greenhouse gas emission (“GHG”) reduction targets, encompassing both its own and its portfolio investments’ operations EQT becomes the first private markets firm to formalize science based targets through the … Read the full press release

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

Aviva supports the Foundation for Young People’s Mental Health (YPMH) and Cambridge University project focused on depression in young people

75% of people with a mental health problem develop it before the age of 24 Treatments for depression in under-18s are effective in only 60% of cases Depression arises from a complex set of factors LONDON, 11-Oct-2021 — /EuropaWire/ — … 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

Amanda Blanc, Group CEO Aviva PLC: We need to unlock trillions of private finance to speed up the transition to net zero

(PRESS RELEASE) LONDON, 11-Oct-2021 — /EuropaWire/ — Global financial services industry calls on G20 governments to help build a Net Zero economy and meet the goals of the Paris agreement ahead of COP26. The Call to Action includes specific policy … 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

Equinor invites equity analysts to provide estimates for its third quarter adjusted results

(PRESS RELEASE) STAVANGER, 8-Oct-2021 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), an oil, gas, wind and solar energy company active in more than 30 markets globally, has sent an invitation to analysts with coverage of the company to provide their … Read the full press release

Deutsche Börse unveils next generation digital securities post-trade platform for truly digital and decentralised finance

Digital post-trade platform D7 enables end-to-end digital securities processing Over 80 per cent of German securities eligible to be digitised through centralised digital register by mid-2022, enabling same-day-issuance and paperless, automated straight-through processing Launch partners include leading financial institutions and … Read the full press release

Communications Technology: Triton Fund IV portfolio company EQOS Energie Deutschland GmbH acquires TCT TechnikCentrumThale GmbH

(PRESS RELEASE) BIBERACH, Germany, 5-Oct-2021 — /EuropaWire/ — Triton Partners, a private equity investment firm with focus on medium-sized businesses across Europe, has announced that its Triton Fund IV portfolio company EQOS Energie Deutschland GmbH, one of the leading service … Read the full press release

Deutsche Börse venture capital arm DB1 Ventures acquires minority stake in WeMatch, a fintech digitizing the wholesale derivatives industry

WeMatch is a fintech company focussing on trading workflows for the wholesale derivatives industry DB1 Ventures, the corporate venture capital arm of Deutsche Börse, leads the Series B funding round Other investors include Augmentum Fintech PLC, Illuminate Financial and existing … Read the full press release

Sampo plc announces EUR 750 million share buyback programme

(PRESS RELEASE) HELSINKI, 1-Oct-2021 — /EuropaWire/ — Sampo Group (HEL: SAMPO), a Finnish financial and insurance group, has announced that the Board of Directors of Sampo plc, its parent company, has decided to launch a buyback programme for Sampo A … 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

Energy transition: TotalEnergies part of the World’s Largest Clean Hydrogen Infrastructure Fund

(PRESS RELEASE) PARIS, 1-Oct-2021 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced that the Company together with Air Liquide, a world leader in gases, technologies and services for Industry and Health, and VINCI, … 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

Digi Communications N.V. Announces the Convocation of the Company’s Extraordinary General Meeting of Shareholders on 4 November 2021 in order to appoint KPMG N.V. as the Company’s new statutory auditor for the financial year 2021

(PRESS RELEASE) BUCHAREST, Romania, 23-Sep-2021 — /EuropaWire/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that today, 23 September 2021, the Board of Directors of the Company convenes the extraordinary general meeting of … Read the full press release

Modernised ANNA Service Bureau (ASB): Key technology and infrastructure enhancements to benefit numbering agencies and ASB clients released today

(PRESS RELEASE) ZURICH, 23-Sep-2021 — /EuropaWire/ — The Association of National Numbering Agencies (ANNA), the membership organisation of national numbering agencies dedicated to the support of efficient capital markets through the use of widely embraced ISO standards, has announced the … Read the full press release

New whitepaper on Africa’s electricity landscape released at the 2021 Sustainable Development Impact Summit: Decarbonization, Decentralization, Digitalization

Africa’s developing nations need investment in renewable energy solutions to fight climate change But, emissions reduction strategies must be balanced with vital needs for economic growth and stability Many cases will require financing for low carbon energy solutions and transition … Read the full press release

Tikehau Capital to acquire a 42% stake in Caisse des Dépôts subsidiary Egis

(PRESS RELEASE) PARIS, 23-Sep-2021 — /EuropaWire/ — Caisse des Dépôts, a French public sector financial institution created in 1816, has announced that it has received a binding offer from Tikehau Capital, the alternative asset management group with €30.9 billion AUM, … 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

AkzoNobel repurchased 274,000 of its own common shares for EUR 27.64 million

(PRESS RELEASE) AMSTERDAM, 21-Sep-2021 — /EuropaWire/ — AkzoNobel (AKZA; AKZOY), pioneering a world of possibilities to bring surfaces to life for well over 200 years, has announced an update on its share buyback program for the period between September 13, … Read the full press release

Vaisala Capital Markets Day for analysts and investors on Tuesday, September 21

(PRESS RELEASE) VANTAA, 21-Sep-2021 — /EuropaWire/ — Vaisala (HEL: VAIAS), a global leader in environmental and industrial measurement, has announced that its Board of Directors has approved the company’s strategy and updated long-term financial targets for the next three years. … Read the full press release

Aviva completes £320m bulk purchase annuity transaction with John Laing Pension Fund, its 2nd buy-in transaction

(PRESS RELEASE) LONDON, 17-Sep-2021 — /EuropaWire/ — Aviva plc, a British multinational insurance company and a member of the FTSE 100 index, has announced the completion of a deal for a £320m bulk purchase annuity transaction with the John Laing … 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

Visa Back to Business global study: small businesses who embraced digital commerce and cross-border sales have weathered the pandemic better

New Visa research shows how essential digital capabilities are for SMBs to compete in a post pandemic world Amidst record rise of entrepreneurism, a new class of digitally-native small businesses emerge (PRESS RELEASE) LONDON, 16-Sep-2021 — /EuropaWire/ — Visa (NYSE: … 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

Aviva research: Brits lose almost £231 billion a year having hard time making the right decision

New research from Aviva reveals that getting divorced/ending a long-term relationship (31%) and buying a new home (29%) are life’s most difficult decisions Brits lose almost £231 billion in a year, on average, due to being indecisive More than a quarter (26%) … Read the full press release