Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

ECB publishes the Euro money market study 2012

Posted on 17, December 2012 by

17-12-2012 — /europawire.eu/ — Today the European Central Bank (ECB) is publishing a biennial report entitled “Euro money market study 2012”, which focuses on euro money market developments during the second quarter of 2012 and compares them with the second quarters … Read the full press release →

Posted in Banks, Business, European Union, Financial, Germany, Government

Mit den Anlagekonten der SparBox bietet die BAWAG P.S.K. die perfekten Lösungen für Flexibilität, kleine Notfälle und große Wünsche

Posted on 14, December 2012 by

Anlagekonto FLEX – das täglich fällige Geld, ist variabel verzinst und bietet höchste Flexibilität durch 24h Verfügbarkeit über eBanking und Bankomat Anlagekonto FIX – erfüllt große und kleine Wünsche: mit attraktiver fixer Verzinsung für fixe, frei wählbare Laufzeiten 14-12-2012 — /europawire.eu/ — Ab 3. … Read the full press release →

Posted in Austria, Banks, Business, Financial, Investment

Mario Draghi Interview with Financial Times

Posted on 14, December 2012 by

Mario Draghi, President of the European Central Bank, spoke to Lionel Barber, Financial Times editor, and Michael Steen, Frankfurt bureau chief, in Frankfurt on 11 December 2012 and published on 14 December 2012. The following is an edited transcript of the interview. 14-12-2012 … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Media, Politics, Society

Remarks by President Van Rompuy following the first session of the European Council

Posted on 14, December 2012 by

Brussels, 14-12-2012 — /europawire.eu/ —   This is a good week for the European Union, a week to be remembered. On Monday we were in Oslo. This morning the Finance Ministers agreed on a Single Supervisory Mechanism for banks, and a decision … Read the full press release →

Posted in Banks, Belgium, Business, Economy, European Union, Financial, Government, Politics, Society

European Council conclusions on completing EMU¹

Posted on 14, December 2012 by

adopted on 14 December 2012 Brussels, 14-12-2012 — /europawire.eu/ — Roadmap for the completion of EMU 1. In the light of the fundamental challenges facing it, the Economic and Monetary Union needs to be strengthened to ensure economic and social welfare as … Read the full press release →

Posted in Banks, Belgium, Business, Economy, European Union, Financial, Government

RECOVERY AND RESOLUTION OF CREDIT INSTITUTIONS: EESC MAKES CONCRETE PROPOSALS FOR ADEQUATE IMPLEMENTATION

Posted on 13, December 2012 by

The financial crisis has shown that national authorities are not fully equipped to deal with failures of banks that operate in today’s global markets. Between October 2008 and October 2011, governments injected EUR 4.5 trillion (37% of EU GDP) of … Read the full press release →

Posted in Banks, Economy, European Union, Financial, Government, Investment

ECB President Mario Draghi welcomes the agreement on the SSM

Posted on 13, December 2012 by

13-12-2012 — /europawire.eu/ — Mario Draghi, President of the European Central Bank (ECB), welcomes the agreement on the Single Supervisory Mechanism (SSM) reached by the ECOFIN in unanimity. The agreement marks an important step towards a stable economic and monetary union, … Read the full press release →

Posted in Banks, European Union, Financial, Government, Law

ECB extends the existing swap arrangements with other central banks

Posted on 13, December 2012 by

13-12-2012 — /europawire.eu/ — The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve and the Swiss National Bank are today announcing an extension of the existing temporary US dollar liquidity swap arrangements until 1 February 2014. Previously, … Read the full press release →

Posted in Banks, Economy, European Union, Financial, Government, Investment

Eurogroup Statement on Greece

Posted on 13, December 2012 by

13-12-2012 — /europawire.eu/ — The Eurogroup formally approved the second disbursement under the second economic adjustment programme for Greece, following the finalisation of the relevant national procedures and after having reviewed the outcome of the debt buy back operation conducted by … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Government, Greece, Investment, Luxembourg, Politics, Society

Council agrees position on bank supervision

Posted on 13, December 2012 by

Brussels, 13-12-2012 — /europawire.eu/ — The Council today¹ set out its position on two proposals aimed at establishing a single supervisory mechanism (SSM) for the oversight of credit institutions. Agreement in the Council will enable the presidency to negotiate with the European Parliament with … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Law, Politics

EP leaders slam “useless” EU summitry ahead of European Council

Posted on 13, December 2012 by

13-12-2012 — /europawire.eu/ — MEPs on Wednesday criticised the “summitry” with which EU leaders are attempting to build economic and monetary union, saying that it was leading nowhere and was far removed from the spirit and ambition which won the EU … Read the full press release →

Posted in Banks, Economy, European Union, Financial, Government, Politics

Eleven EU countries get Parliament’s all clear for a financial transaction tax

Posted on 13, December 2012 by

13-12-2012 — /europawire.eu/ — Eleven EU countries planning to introduce a financial transaction tax (FTT) won a resounding go-ahead from MEPs on Wednesday. Together, they account for 90% of Eurozone GDP. MEPs have long advocated an FTT to make financial market … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Law, Politics

Post-conflict West African power networks get EUR 75m European support

Posted on 12, December 2012 by

12-12-2012 — /europawire.eu/ — Separate power networks in West Africa are set to be joined following a new regional electricity project backed by the European Investment Bank. Work to link power systems of Ivory Coast, Liberia, Sierra Leone and Guinea will … Read the full press release →

Posted in Banks, Energy, Gas & Oil, European Union, Financial, Investment

ESMA finalises guidelines on repo arrangements for UCITS funds

Posted on 12, December 2012 by

12-12-2012 — /europawire.eu/ — The European Securities and Markets Authority (ESMA) has today published its final guidelines on repurchase and reverse repurchase agreements for UCITS funds. The guidelines state that UCITS should only enter into such agreements if they are able … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Investment, Law

ECB publishes consolidated banking data for end-June 2012

Posted on 12, December 2012 by

12-12-2012 — /europawire.eu/ — Today the European Central Bank (ECB) is publishing the June-2012 Consolidated Banking Data (CBD), a data set that provides various statistics about the EU banking system on consolidated basis. It includes statistics on both individual EU Member … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Government

Zambian sustainable energy infrastructure gets EUR 50m EIB support

Posted on 12, December 2012 by

12-12-2012 — /europawire.eu/ — Energy users across Zambia and Southern Africa will benefit from a new 120 MW hydropower plant and long-distance transmission line to be financed with support from Europe’s long-term lending institution. The European Investment Bank will provide … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Investment

EU and Swiss regulators to co-operate on cross-border supervision of alternative investment funds

Posted on 12, December 2012 by

12-12-2012 — /europawire.eu/ — The European Securities and Markets Authority (ESMA) has approved the co-operation arrangements between the Swiss Financial Market Supervisory Authority FINMA and the EU securities regulators for the supervision of alternative investment funds, including hedge funds, private equity … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Investment, Spain, Switzerland

LGT Capital Partners backs private equity team spinning off from KBC

Posted on 11, December 2012 by

11-12-2012 — /europawire.eu/ — KBC Private Equity NV (‘KBC PE’) has reached agreement with KeBeK I, a newly established private equity investment fund managed by KeBeK Management NV, regarding the sale of the major part of KBC PE’s remaining private equity portfolio. Today’s announcement … Read the full press release →

Posted in Banks, Belgium, Business, Financial, Investment, Switzerland

KBC maakt het volgende bekend

Posted on 11, December 2012 by

DIT BERICHT MAG NOCH DIRECT NOCH INDIRECT GEPUBLICEERD OF VERSPREID WORDEN IN OF NAAR DE VERENIGDE STATEN VAN AMERIKA, CANADA, AUSTRALIË, JAPAN, ZUID-AFRIKA OF EEN ANDER LAND OF RECHTSGEBIED WAAR DAT EEN INBREUK ZOU VORMEN OP DE TOEPASSELIJKE WETGEVING   … Read the full press release →

Posted in Banks, Belgium, Business, Financial, Government, Investment

KeBeK I verwerft een belangrijk deel van de resterende portefeuille van KBC Private Equity

Posted on 11, December 2012 by

KeBeK I wordt opgericht door de nieuwe beheersvennootschap KeBeK Management met de steun van LGT Capital Partners 11-12-2012 — /europawire.eu/ — KBC  Private Equity NV  (KBC  PE) heeft een akkoord  bereikt over de verkoop van het merendeel  van  zijn  resterende portefeuille aan  het pas … Read the full press release →

Posted in Banks, Belgium, Business, Financial, Investment, Switzerland