Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Belgium National Bank to keep the countercyclical buffer percentage for credit risk exposures to counterparties on Belgian territory at 0 % for 1Q2017

BRUSSELS, 30-Dec-2016 — /EuropaWire/ — As of 1 January 2016, the countercyclical capital buffer (CCyB) came into effect. In principle, the percentage rate of this buffer must lie somewhere between zero and 2.5 % of the credit institutions’ risk-weighted assets, but can be … Read the full press release

UniCredit Business Integrated Solutions and SIA close the €500 million sale of the card processing activities in Italy, Germany and Austria

MILAN, 28-Dec-2016 — /EuropaWire/ — Following the press release issued on August 3rd 2016, UniCredit Business Integrated Solutions (Ubis) and SIA have  closed the sale of the card processing activities in Italy, Germany and Austria for a consideration of €500 million in … Read the full press release

CapMan Plc to issue 56,967,318 new CapMan shares to Norvestia Oyj’s shareholders

This stock exchange release may not be published or distributed, in whole or in part, directly or indirectly, in or into or to any person located or a resident of the United States of America, Australia, Canada, Hong Kong, Japan, … Read the full press release

LCH Group and LSEG in exclusive discussions with Euronext N.V. for the potential sale of LCH SA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNCEMENT … Read the full press release

Vnesheconombank to focus on five core priorities as part of its 2021 strategy

MOSCOW, 23-Dec-2016 — /EuropaWire/ — On 21 December, Vnesheconombank’s Supervisory Board approved the Bank’s strategy to 2021. According to it, the Bank is to focus on five core priorities: financing high value added manufacturing projects; developing infrastructure; supporting non-commodity export; contributing … Read the full press release

Final results: Case New Holland Industrial Inc. cash tender offer for senior notes due 2017

LONDON, 21-Dec-2016 — /EuropaWire/ — CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) (“CNH Industrial”) hereby announces the final results of the cash tender offer (the “Tender Offer”) commenced by its wholly owned subsidiary Case New Holland Industrial Inc. (the “Company”) for … Read the full press release

Outotec lowers its 2016 profitability guidance due to increased risk provision

Outotec lowers its profitability guidance for 2016 HELSINKI, 20-Dec-2016 — /EuropaWire/ — Outotec lowers its profitability guidance for 2016 due to increased risk provision. As previously communicated, Outotec has had challenges in a few projects in the Metals, Energy & Water … Read the full press release

DekaBank provides EUR131.6 million portfolio financing for Gramercy Property Europe plc in Germany

FRANKFURT AM MAI, 20-Dec-2016 — /EuropaWire/ — DekaBank has arranged and underwritten a EUR131.6 million portfolio financing for Gramercy Property Europe plc in Germany. The portfolio consists of eight logistics properties extending to a total of 391,000m² located in various established … Read the full press release

Insurance Europe: Europe’s insurers paid out €975bn in claims and benefits during 2015

BRUSSELS, 20-Dec-2016 — /EuropaWire/ — Europe’s insurers paid out a total of €975bn in claims and benefits over the course of 2015, the equivalent of €2.7bn per day, according to figures released today by Insurance Europe, the European insurance and reinsurance … Read the full press release

CapMan Plc schedule for share subscriptions with 2013 A and 2013 B stock options for 2017

Listing schedule for 2017 for share subscriptions based on CapMan Plc 2013 A and 2013 B stock options CapMan Plc has confirmed the schedule for share subscriptions with 2013 A and 2013 B stock options for the year 2017. HELSINKI, … Read the full press release

Total economic losses from disasters in 2016 were at least USD 158 billion according to Swiss Re preliminary sigma estimates

Total economic losses from natural catastrophes and man-made disasters are estimated to be USD 158 billion in 2016 Insured losses from disaster events were around USD 49 billion Approximately 10 000 people lost their lives in disaster events in 2016 … Read the full press release

Norway adopts new regulation on requirements for new residential mortgage loans

OSLO, 14-Dec-2016 — /EuropaWire/ — The Ministry of Finance has adopted a new regulation on requirements for new residential mortgage loans. The new regulation replaces the current regulation which is set to expire at the end of 2016. The new regulation … Read the full press release

EMBO awards Installation Grants to ten life scientists to set up laboratories in Czech Republic, Estonia, Poland, Portugal and Turkey

HEIDELBERG, 14-Dec-2016 — /EuropaWire/ — Ten life scientists have been awarded EMBO Installation Grants to set up independent research laboratories in the Czech Republic, Estonia, Poland, Portugal and Turkey. “Through the Installation Grants we encourage some of the best early-career researchers … Read the full press release

Intesa Sanpaolo meets ECB’s capital requirement

TURIN/MILAN, 13-Dec-2016 — /EuropaWire/ — Intesa Sanpaolo has received notification of the ECB’s final decision concerning the capital requirement that the Bank has to meet, on a consolidated basis, as of 1 January 2017, following the results of the Supervisory Review … Read the full press release

Intesa Sanpaolo to loan EUR750m for the construction of natural gas liquefaction plant in Siberia

• Two credit lines have been issued with a duration of approximately 15 years, respectively amounting to 400 and 350 million and guaranteed by the export credit agencies SACE and COFACE • The deal signed with SACE will support a pool of … Read the full press release

ING opens new Americas head office in New York City

NEW YORK, NY, U.S.A., 12-Dec-2016 — /EuropaWire/ — With a new head office opened this week, ING New York is embracing a ‘new and modern way of working’. Following on from the recent opening of a new London office, the … Read the full press release

Borsa Italiana S.p.A. approved the listing of the EXOR NV ordinary shares on the Mercato Telematico Azionario (MTA)

MILAN, 08-Dec-2016 — /EuropaWire/ — In connection with the cross-border merger of EXOR S.p.A. (“EXOR”) with and into EXOR HOLDING N.V. (a Dutch wholly owned subsidiary of EXOR which will, upon effectiveness of the Merger, be renamed EXOR N.V. (“EXOR NV”)) … Read the full press release

New state-of-the-art technology facility of London Stock Exchange Group (LSEG) opens in Sri Lanka

Prime Minister of Sri Lanka opens new LSEG technology facility Will directly employ 400 highly trained personnel State-of-the-art facility to support LSEG’s global technology operations LONDON, 08-Dec-2016 — /EuropaWire/ — London Stock Exchange Group (LSEG) today announces the opening of its … Read the full press release

Lloyds Banking Group helped more than 6,000 UK businesses to start trading overseas in 2016

LONDON, 07-Dec-2016 — /EuropaWire/ — Lloyds Banking Group has announced that it has helped more than 6,000 UK businesses to start trading overseas so far this year – firmly beating its 2016 target and providing a boost to the Government’s drive … Read the full press release

Lloyds Banking Group will launch new range of products for borrowers with 5% deposits through the its Halifax, Lloyds Bank and Bank of Scotland brands

LONDON, 06-Dec-2016 — /EuropaWire/ — Lloyds Banking Group today announced plans to continue supporting mortgage borrowers beyond the end date of the government’s Help to Buy: mortgage guarantee scheme on 31st December 2016. A new range of products for borrowers … Read the full press release