Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Singapore’s sovereign wealth fund GIC to become a significant minority investor in Nordic Aviation Capital

GIC, Singapore’s sovereign wealth fund, is set to join NAC’s founder, Martin Møller and EQT VI as a significant minority investor in NAC The transaction will comprise a partial sale by the existing shareholders and new capital to further strengthen … Read the full press release

Insurance associations call on the International Accounting Standards Board (IASB) for a delay of the IFRS 17 for insurance contracts

BRUSSELS, 18-Oct-2018 — /EuropaWire/ — A global group of nine insurance associations has written a joint letter to Hans Hoogervorst, chair of the International Accounting Standards Board (IASB), that highlights the industry’s concerns about the International Financial Reporting Standard (IFRS) 17 … Read the full press release

Halloumi Cheese Popularity Soars in Europe as UK Maintains its Lead as the Largest Market – Fact.MR Study

DUBLIN 2, Ireland, 16-Oct-2018 — /EuropaWire/ — Glancing through the dairy segment of retail aisles in Europe offers a clear comparison of preference for halloumi cheese than other cheese varieties. According to a Fact.MR study on halloumi cheese market, 76% of … Read the full press release

Vehicle Interior Air Quality (VIAQ) Takes Centerstage in US$ 6.5 Million Europe Automotive Headliners Market

DUBLIN 2, Ireland, 16-Oct-2018 — /EuropaWire/ — The broader disruption in the automotive sector is rubbing off on the Europe automotive headliners market, as vehicle interior air quality (VIAQ) adds to the litany of factors that influence buyer behavior. The growing … Read the full press release

NWO will no longer use its own funds to enter into new financial obligations for joint calls via ERA-NETs and JPIs

THE HAGUE, 16-Oct-2018 — /EuropaWire/ — NWO will no longer use its own funds to enter into new financial obligations for joint calls via ERA-NETs and JPIs. The main reason for this is that NWO focusses on new forms of international … Read the full press release

Report of legal acts concluded by DIGI Communications N.V. in accordance with Romanian Law no. 24/2017 and FSA Regulation no. 5/2018 for September 2018

BUCHAREST, Romania, 15-Oct-2018 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on October 15, 2018 the Company submitted a current report according to the requirements of Law 24/2017 (Article 82) and FSA Regulation no. 5/2018 for … Read the full press release

Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 8-12 Oct 2018

BUCHAREST, Romania, 15-Oct-2018 — /EuropaWire/ — In accordance with the Romanian National Securities Commission Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian … Read the full press release

Nationwide Building Society joins charity St Mungo’s HomelessWise initiative

SWINDON, 12-Oct-2018 — /EuropaWire/ — Nationwide Building Society is today launching a practical partnership with homelessness charity St Mungo’s aimed at providing a consistent and compassionate response to people rough sleeping on the high street – and is urging other businesses … Read the full press release

Schroders invests in Qwil Messenger, the first fintech start-up to join its Cobalt programme

Schroders is pleased to announce it has taken a minority stake in Qwil Messenger, the first fintech start-up to have joined its global in-residence programme. LONDON, 12-Oct-2018 — /EuropaWire/ — Qwil Messenger – a safe and compliant chat platform which enables … Read the full press release

Europe Emulsifier and Co-Emulsifier Market Witnessing a Shift Towards Bio-based Variants – Fact.MR Study

DUBLIN 2, Ireland, 11-Oct-2018 — /EuropaWire/ — The unwavering consumer focus on personal variables such as effects of aging, being conscious about self-image and physical attractiveness has been capitalized by personal care product manufacturers, and as an outcome, new personal … Read the full press release

Fact.MR Study on IBM Watson Services Market Lists Business Agility and Customer Service Transformation as Key Motivations to Adoption

DUBLIN 2, Ireland, 10-Oct-2018 — /EuropaWire/ — IBM Watson Services continue to get significant traction from end-users, with over 72% respondents in Europe affirmative on using IBM Watson language services, according to a Fact.MR survey. The survey is part of the … Read the full press release

KfW IPEX-Bank finances Norwegian dairy cooperative TINE SA’s new plant in Ireland

FRANKFURT AM MAIN, 10-Oct-2018 — /EuropaWire/ — KfW IPEX-Bank is financing the construction of a new plant in Ireland for the Norwegian dairy cooperative TINE SA. The new production plant is to be built in cooperation with the Irish company … Read the full press release

KfW Entrepreneurs’ Award 2018 winners announced

The 16 regional winners have been selected Awards presented to successful entrepreneurs who have expanded their business Awards ceremony held at the German Federal Ministry of Economic Affairs and Energy in Berlin on 11 October 2018 Total prize fund of … Read the full press release

KfW new subsidiary KfW Capital to develop the VC and VD funding landscape in Germany

Joint press release from the German Federal Ministry for Economic Affairs and Energy, KfW and KfW Capital Joint initiative between Federal Ministry for Economic Affairs and Energy (BMWi), Federal Ministry of Finance and KfW to expand the markets for venture … Read the full press release

Paul de Leusse to succeed André Coisne as Chief Executive Officer of Orange Bank

PARIS, 10-Oct-2018 — /EuropaWire/ — Orange Bank’s Board of Directors has approved the appointment of Paul de Leusse, who succeeds André Coisne as Chief Executive Officer of Orange Bank, a role he will occupy alongside his role as the Orange … Read the full press release

Blockchain Cyber-security Firm Privus Raises $635k in Late Stage Seed Funding

Oversubscribed Round Extends International Investor Base to North America ZUG, Switzerland, 10-Oct-2018 — /EuropaWire/ — Privus announced today that it has closed a funding round led by Silicon Valley and New York-based Rubicon Venture Capital and by a highly regarded, … Read the full press release

Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 1-5 Oct 2018

BUCHAREST, Romania, 08-Oct-2018 — /EuropaWire/ — In accordance with the Romanian National Securities Commission Regulation  no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian … Read the full press release

BNP Paribas announces the appointment of Yann Gérardin as Deputy Chief Operating Officer in charge of CIB

PARIS, 08-Oct-2018 — /EuropaWire/ — Yann Gérardin, Head of Corporate and Institutional Banking (CIB) since 2014, is appointed Deputy Chief Operating Officer in charge of CIB with effect from 1 October 2018. Alain Papiasse is appointed Chairman of CIB. As … Read the full press release

The EBRD supports FT Climate Finance Summit in London

The EBRD’s message to governments: renewables are now cheapest source of energy The Bank’s renewable energy investments top €6 billion LONDON, 08-Oct-2018 — /EuropaWire/ —  The EBRD is urging a step change in levels of investment in renewable sources of … Read the full press release

EBRD launched its new strategy for the agribusiness sector

Responsible, sustainable and innovative approach for the next five years EBRD the most active multilateral institution in agribusiness in its regions EBRD investment in the agribusiness sector to date exceeds €6.7 billion LONDON, 08-Oct-2018 — /EuropaWire/ — Addressing the growing challenges … Read the full press release

EBRD invests €40 million under the EBRD Slovak Covered Bonds Framework

EBRD invests in covered bonds by local lender Slovenská sporiteľňa EBRD supports drafting of new legislation for bonds in cooperation with Slovak authorities Rating agency Moody’s rates programme Aaa LONDON, 08-Oct-2018 — /EuropaWire/ — The development of the capital market in … Read the full press release

PIMCO enhances its muni platform and capabilities for clients with the acquisition of Gurtin Municipal Bond Management

In acquiring Gurtin Municipal Bond Management, which serves high and ultra-high net worth individuals, PIMCO invests in broadening and enhancing its muni platform and capabilities for clients. The combined business will manage $38 billion in dedicated municipal bond assets with … Read the full press release

Digitisation: HIH Group Selects Assetti as its Web-Based Platform Solution

HELSINKI, 04-Oct-2018 — /EuropaWire/ — The HIH Group will be using Assetti as its web-based asset management tool to drive the progressing digitisation of its management processes. This was announced by the company today. Assetti supports the seamless collaboration between … Read the full press release

Clearstream further broadens its suite of fund services with the completion of Swisscanto Funds Centre acquisition

FRANKFURT, 03-Oct-2018 — /EuropaWire/ — Today (01 Oct 2018 ), Deutsche Börse’s post-trade services provider Clearstream completed the acquisition of Swisscanto Funds Centre Ltd. (SFCL) from Zürcher Kantonalbank, following the approval of the British and Luxembourgish regulatory authorities. The addition of … Read the full press release

Societe Generale Corporate & Investment Banking launches Global Markets Incubator for market-dedicated Fintechs

PARIS, 02-Oct-2018 — /EuropaWire/ — With this launch, Societe Generale Corporate & Investment Banking (SG CIB) adopts a pioneering approach in incubation for start-ups specialising in market activities, while strengthening its support to the Fintech ecosystem. The selected Fintechs will … Read the full press release

Societe Generale classed as Best French Bank in RobecoSAM’s CSR ranking

PARIS, 02-Oct-2018 — /EuropaWire/ — For the first time, Societe Generale has been classed Best French Bank in RobecoSAM’s CSR* ranking. The Group was ranked eighth out of the 133 European banks included in the study, and remained in the top … Read the full press release

Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol, 24-28 Sept 2018

BUCHAREST, Romania, 01-Oct-2018 — /EuropaWire/ — In accordance with the Romanian National Securities Commission Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian … Read the full press release

Cormack Family Foundation Scholarships to support students from widening access backgrounds study at the University of Aberdeen

ABERDEEN, 01-Oct-2018 — /EuropaWire/ — Expat Aberdonian businessman Dave Cormack and his family have donated over £270,000 to set up a new scholarship programme to enable students from widening access backgrounds study at the University of Aberdeen. The Cormack Family Foundation … Read the full press release

FMO closes USD 15 million loan for Bancop to support job creation by productive SMEs in Paraguay

The HAGUE, 27-Sep-2018 — /EuropaWire/ — FMO has closed a USD 15 million loan for Banco Para la Comercialización y la Producción, Bancop S.A. (“Bancop”) in Paraguay, to support job creation by productive SMEs. Bancop is a member of the … Read the full press release

Intesa Sanpaolo and Fondazione Cariplo inaugurate the first Italian Circular Economy lab in Milan

The research Hub dedicated to the circular economy based in Milan at Cariplo Factory, was inaugurated in the presence of Ellen MacArthur, Founder of the Ellen MacArthur Foundation, of which Intesa Sanpaolo is the only Financial Services Global Partner Intesa … Read the full press release