Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

Generali Appoints New Board Committees and Reviews Mediobanca’s Exchange Offer on Banca Generali Shares

(IN BRIEF) Generali’s Board of Directors has established the Board Committees, appointed their members, and reviewed the public voluntary exchange offer from Mediobanca regarding Banca Generali’s shares. Additionally, the Board has appointed the new administrative body for The Generali Human … Read the full press release

Banco Azteca y Ricardo Salinas Pliego: Nuevas Revelaciones Aumentan la Preocupación por Riesgos Legales y Financieros

(NOTICIA EN BREVE) Ricardo Salinas Pliego, el empresario mexicano y propietario de Banco Azteca, enfrenta un creciente escrutinio internacional debido a sus intentos de bloquear citaciones judiciales en una investigación por fraude en EE. UU. Analistas legales sugieren que esto … Read the full press release

EIB Mobilizes €200 Million for French Farming and Bioeconomy, Focusing on Youth and Sustainability

(IN BRIEF) The EIB and BPCE banking group have signed an agreement to provide €200 million in loans for SMEs and mid-caps in the French farming and bioeconomy sectors. The initiative aims to support young farmers and promote sustainable agriculture, … Read the full press release

EIB and EBRD Strengthen Partnership with New Mutual Reliance Agreement to Streamline Project Financing

(IN BRIEF) The EIB and EBRD have taken a significant step forward in their partnership by signing a Mutual Reliance Agreement, which aims to reduce administrative burdens, improve project financing efficiency, and ensure the highest environmental and social standards in … Read the full press release

KfW Strengthens Global Role with High Stable New Business in 2024 and Continued Focus on Climate Protection and Biodiversity

(IN BRIEF) KfW’s 2024 international business performance shows a stable level of EUR 34.2 billion, with a continued focus on climate protection, biodiversity, and geostrategic objectives. Through its subsidiaries, KfW supports projects aligned with Germany and Europe’s economic and geopolitical … Read the full press release

Crédit Agricole CIB Appoints Olivier Gavalda as Chairman of the Board of Directors

(IN BRIEF) On 5 May 2025, Olivier Gavalda was appointed Chairman of the Board of Directors at Crédit Agricole CIB, succeeding Philippe Brassac. Gavalda, a long-standing member of Crédit Agricole, has held numerous key positions throughout his career, including Chief … Read the full press release

Nordic Investment Bank Secures USD 1.25 Billion in 5-Year Global Benchmark Bond Amid Volatile Markets

(IN BRIEF) The Nordic Investment Bank (NIB) successfully priced a USD 1.25 billion 5-year global benchmark bond, demonstrating strong global demand amid volatile market conditions. The bond, with a 3.750% coupon, will be used to fund projects that drive productivity … Read the full press release

KfW Research: SMEs in Germany Spend EUR 61 Billion Annually on Legal Compliance and Administrative Costs

(IN BRIEF) A KfW Research survey has revealed that SMEs in Germany are spending an average of 32 hours per month to comply with legal requirements, costing the economy EUR 61 billion annually. The survey also highlighted expectations for wage … Read the full press release

Alexander Schober Appointed Global Head of Infrastructure at KfW IPEX-Bank

(IN BRIEF) Alexander Schober has been appointed Global Head of the Infrastructure sector at KfW IPEX-Bank, effective May 1, 2025, following Aida Welker’s transition to the bank’s Management Board. Schober has been with the bank since 2008 and brings a … Read the full press release

Greg Guyett Appointed as EBRD’s New First Vice President and Head of Client Services Group

(IN BRIEF) Greg Guyett has been appointed as the new First Vice President and Head of the Client Services Group at the European Bank for Reconstruction and Development (EBRD), starting September 1, 2025. He will succeed Jürgen Rigterink and lead … Read the full press release

EIB Finances €400 Million Helsinki Tramline Project to Boost Sustainable Transport

(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in financing to Helsinki for the development of the Crown Bridges Light Rail project, which will extend the city’s tram network to three eastern suburbs. The project includes the … Read the full press release

Sidekick Health Secures €35 Million Funding from EIB to Expand Digital Therapeutics and AI Capabilities

(IN BRIEF) Sidekick Health has secured a €35 million venture debt facility from the European Investment Bank (EIB) to advance its digital health and therapeutics initiatives. The funding, backed by the European Commission’s InvestEU initiative, will accelerate R&D and AI-driven … Read the full press release

UOB and Accenture Partner to Harness AI Technologies and Upskill Workforce in Groundbreaking Collaboration

(IN BRIEF) UOB has partnered with Accenture in a three-year collaboration to advance the Bank’s use of generative and agentic AI technologies. This strategic MoU will help UOB accelerate its AI journey by enhancing business processes and personalizing customer experiences. … Read the full press release

Aida Welker to Join KfW IPEX-Bank Management Board on 1 May 2025, Succeeding Andreas Ufer

(IN BRIEF) Aida Welker will join the Management Board of KfW IPEX-Bank on 1 May 2025, succeeding Andreas Ufer, who is retiring. She will oversee critical departments, including Mobility, Infrastructure, and Syndication & Treasury. With nearly 25 years of experience … Read the full press release

Deutsche Bank Earns Multiple Accolades at The Asset Triple A Treasurise Awards 2025 for Exceptional Corporate Banking Services

(IN BRIEF) Deutsche Bank was honored with several awards at The Asset Triple A Treasurise Awards 2025, including Best Liquidity Management Bank and Best Structured Trade Finance Bank. The bank also received recognition as the Best Transaction Bank in China … Read the full press release

BNP Paribas and IBM Renew 10-Year Partnership to Strengthen Cloud Infrastructure and Accelerate Generative AI Adoption

(IN BRIEF) BNP Paribas has renewed and strengthened its partnership with IBM for the next decade, focusing on enhancing cloud infrastructure, advancing cloud-native strategies, and supporting the development of generative AI. The expanded collaboration will further increase operational resilience, improve … Read the full press release

European Investment Bank Appoints Scope Ratings for Solicited Creditworthiness Rating

(IN BRIEF) The European Investment Bank (EIB) has mandated Scope Ratings, a European Union-based credit rating agency, to perform a solicited creditworthiness rating. This addition to its existing agencies—Fitch, Moody’s, and S&P—was part of EIB’s regular triennial evaluation process for … Read the full press release

Germany Faces Increasing Competition from China in EU Export Markets, KfW Research Finds

(IN BRIEF) KfW Research’s latest study reveals that Germany is facing increased competition from China in EU export markets. While Germany still maintains higher export shares than China in most product categories, its lead is shrinking, with China expanding its … Read the full press release

KfW Survey: SMEs in Germany Spend 32 Hours per Month on Legal Compliance, Costing EUR 61 Billion Annually

(IN BRIEF) A recent KfW survey reveals that SMEs in Germany spend, on average, 32 hours per month complying with legal requirements, costing the economy EUR 61 billion annually. This significant time investment is particularly challenging for sole traders and … Read the full press release

Turquoise and LeveL Markets to Launch New Block Trading Order Type for Buy-Side Traders

(IN BRIEF) LSEG’s trading platform Turquoise has partnered with LeveL Markets, operator of the US-based Luminex platform, to introduce a new Manual Conditional Order Type for block trades. Set to launch in the second half of 2025 (pending regulatory approval), … Read the full press release