Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Aegon Announces Coupon Rate Determination for USD Perpetual Capital Securities

(IN BRIEF) Aegon has disclosed that a coupon rate of 3.93894% has been established for the USD Perpetual Capital Securities. Due to the discontinuation of USD LIBOR, the calculation agent was unable to determine the necessary swap rates. As a … Read the full press release

Nathalie Bricker and Stéphane Morin Assume Key Financial Roles within Groupe BPCE

(IN BRIEF) Nathalie Bricker has been appointed Global Head of Finance & Strategy at Natixis Investment Managers, the asset management arm of Groupe BPCE. Currently serving as Chief Financial Officer for Groupe BPCE’s global businesses, Bricker will report to Tim … Read the full press release

Selma Dupont Drissi Appointed Head of Strategy at Crédit Agricole S.A.

(IN BRIEF) Crédit Agricole S.A. has announced the appointment of Selma Dupont Drissi as the new Head of Strategy, effective from July 17, 2023. Dupont Drissi brings a wealth of experience in management, strategy, and organizational projects, having previously worked … Read the full press release

European Investment Bank Boosts Energy Efficiency and Renewable Hydrogen Initiatives in Chile

(IN BRIEF) The European Investment Bank (EIB) has taken significant steps to promote sustainable development in Chile during the EU-CELAC Summit of Heads of State and Government. The EIB announced its first-ever residential mortgage-based loan outside the EU, providing €200 … Read the full press release

European Investment Bank and Banco Santander Partner to Boost Renewable Energy in Brazil

(IN BRIEF) The European Investment Bank (EIB) and Banco Santander (Brasil) have signed a €300 million loan agreement to promote the use of renewable energy in Brazil. The loan will support the installation of small-scale solar photovoltaic plants, primarily on … Read the full press release

Holcim Advances Net-Zero Agenda with EU Innovation Fund Support for CCUS Projects

(IN BRIEF) Holcim, a global building materials leader, has secured three grants from the EU Innovation Fund for its breakthrough Carbon Capture Utilization and Storage (CCUS) projects in Belgium, France, and Croatia. These grants support Holcim’s efforts to advance the … Read the full press release

EQT AB to Repurchase up to 1.8 Million Shares as part of Share Allocation Program

(IN BRIEF) EQT AB has announced its plan to repurchase a maximum of 1,800,000 of its own ordinary shares, amounting to a total maximum value of SEK 500,000,000. The decision was made in accordance with the authorization granted by the … Read the full press release

EBRD Provides US$90 Million Loan to Akbank for Türkiye Earthquake Recovery

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to US$90 million to Akbank in Türkiye as part of the Türkiye Disaster Response Framework. The loan will assist businesses and individuals affected by … Read the full press release

NLB Banka Prishtina Becomes EBRD Partner to Empower Women Entrepreneurs in Kosovo

(IN BRIEF) NLB Banka Prishtina has partnered with the European Bank for Reconstruction and Development (EBRD) in Kosovo. The EBRD has provided two loans totaling €10 million to NLB Prishtina, which will lend the funds to small businesses in Kosovo, … Read the full press release

European Union’s Global Gateway Initiative Supports Sustainable Projects in South America

(IN BRIEF) The European Investment Bank (EIB) has announced the signing of multiple loans during the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government. These loans will provide financing for climate action … Read the full press release

Barclays Encourages Over 65s to Tap into Online Marketplaces and Clear Clutter, Unlocking Potential £700 Boost

(IN BRIEF) Barclays has conducted research revealing that over 65s in the UK could potentially earn nearly £700 by selling unwanted items online. However, despite having an average of 18 items they would like to sell, only a quarter of … Read the full press release

NatWest Group Aims to Support 10 Million People Annually with Financial Wellbeing by 2027

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) NatWest Group has set a goal to assist 10 million individuals each year in managing their financial wellbeing by 2027. They have already achieved a previous target of helping 2 million people save over £100 for the first … Read the full press release

NatWest Enables Tap to Pay on iPhone for Businesses Across the UK

(IN BRIEF) NatWest has announced the availability of Tap to Pay on iPhone for eligible businesses across the UK. Through the NatWest Tap to Pay iOS app, businesses can seamlessly accept contactless payments using their iPhone, without the need for … Read the full press release

TotalEnergies and Partners Make Final Investment Decision for Rio Grande LNG Project in South Texas

(IN BRIEF) TotalEnergies, in collaboration with Global Infrastructure Partners (GIP), NextDecade Corporation, GIC, and Mubadala, has reached the final investment decision (FID) to develop phase 1 of the Rio Grande LNG (RGLNG) project in South Texas. The initial phase includes … Read the full press release

Holcim Invests in Suffolk Technologies to Support Disruptive Startups in Building Industry

(IN BRIEF) Holcim has announced its investment as a limited partner in Suffolk Technologies, a venture capital fund focused on supporting startups in the building industry. The fund, worth USD 110 million, aims to back disruptive innovations in areas such … Read the full press release

Thales Expands Avionics Portfolio with $1.1 Billion Acquisition of Cobham Aerospace Communications

(IN BRIEF) Thales has entered into exclusive negotiations to acquire Cobham Aerospace Communications (AeroComms), a leading provider of safety cockpit communication systems, for $1.1 billion. AeroComms operates across multiple countries and is expected to generate approximately $200 million in revenues … Read the full press release

SMART Photonics, Former TU/e Spin-off, Secures €100 Million in Funding to Lead Next-Gen Chip Manufacturing in Europe

(IN BRIEF) SMART Photonics, a scale-up company and former TU/e spin-off, has successfully raised an additional €100 million in funding from a group of strategic industry players and financial institutions. The funding round includes semiconductor industry leaders ASML, NXP, and … Read the full press release

UKRI Funds Supergen Energy Networks Hub to Drive Sustainable Energy Transition

(IN BRIEF) The Supergen Energy Networks (SEN) Hub, a research initiative in partnership with several UK universities, has received significant funding from UK Research and Innovation (UKRI) to advance the transition to a sustainable energy sector. The SEN Hub focuses … Read the full press release

Breakthrough ‘Fastball EEG’ Test for Dementia Receives £1.5M Funding Boost

(IN BRIEF) Researchers from the universities of Bath and Bristol have been awarded £1.5 million in funding to scale up the development of a revolutionary dementia and Alzheimer’s disease test called ‘Fastball EEG’. The non-invasive test measures patients’ brain waves … Read the full press release

AFME Supports UK Government’s Reforms Allowing Flexibility in Investment Research Payments

(IN BRIEF) The Association for Financial Markets in Europe (AFME) has welcomed the UK Government’s Mansion House reforms, particularly the optionality provided for paying for investment research. The reforms allow clients to choose how they pay for research, whether bundled … Read the full press release