Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Nationwide Building Society comments on Government’s decision to once again look at the rules around inheriting ISA money

Swindon, England,  30-11-2015 — /EuropaWire/ — Andrew Baddeley-Chappell, Nationwide’s Head of Savings Policy: “We welcome the Government’s decision to once again look at the rules around inheriting ISA money because our figures suggest that a large number of people are struggling … Read the full press release

Impax Asset Management Group plc awarded Best Environmental Investment Manager for 2nd consecutive year and Best Specialist Fund Management Group at the Investment Week awards in London

LONDON, 30-11-2015 — /EuropaWire/ — Impax Asset Management Group plc (“Impax” or the “Company”), the AIM quoted investment manager focused on environmental markets and related resource efficiency sectors, has been awarded Best Environmental Investment Manager for the second consecutive year and Best … Read the full press release

Europäische Zentralbank: Die neue 20-€-Banknote, fälschungssicherer, die dritte der Europa-Serie, wird heute in Umlauf gebracht

Neue 20-€-Banknote wird heute in Verkehr gegeben Neuer Geldschein ist fälschungssicherer Eurosystem hat Materialien bereitgestellt, um Anpassung von Banknotenbearbeitungsund -prüfgeräten an neuen 20-€-Schein zu erleichtern Frankfurt am Main, Deutschland, 27-11-2015 — /EuropaWire/ — Die neue 20-€-Banknote, die dritte der Europa-Serie, wird heute … Read the full press release

Bundesbank’s Professor Claudia Buch and Andreas Dombret present the Deutsche Bundesbank’s Financial Stability Review 2015

Frankfurt am Main, 27-11-2015 — /EuropaWire/ — Exceptionally low interest rates remain a salient feature of the financial system setting in Germany. They reflect the global low real economic growth and expansionary monetary policy stance. Speaking at a press conference … Read the full press release

ING Bank publishes the outcome of EU wide Transparency Exercise 2015

Amsterdam, 27-11-2015 — /EuropaWire/ — ING Bank notes the announcements made today by the European Banking Authority (EBA) and De Nederlandsche Bank (DNB) regarding the information of the 2015 EU-wide Transparency Exercise and fulfilment of the EBA Board of Supervisors’ … Read the full press release

London Stock Exchange Group’s new platform for public companies, investor relations professionals, institutional investors and brokers goes live

New digital platform for public companies, intermediaries and institutional investors ELITE Connect designed to simplify & lower cost of investor relations Beta testing with selected participants successfully completed Platform now open to accept new participants worldwide LONDON, 26-11-2015 — /EuropaWire/ … Read the full press release

Transport for London’s £400m bonds transfer to new green bond segment at London Stock Exchange

Transport for London transfers its recent £400m bond issue to new London Stock Exchange green bond segments Money raised will support TfL’s environmental initiatives Commissioner Mike Brown opens London Stock Exchange trading £3.2bn of green bonds now listed on London … Read the full press release

Leading Chinese companies, banks and advisors at London Stock Exchange Group’s second annual conference in Beijing

Event focuses on the growing financial ties between China and London Ma Jun, Chief Economist, People’s Bank of China, discusses China’s Green finance initiatives Event follows landmark state visit of Chinese President Xi Jinping to London LONDON, 26-11-2015 — /EuropaWire/ … Read the full press release

Prudential unveils online tool for financial advisers and accountants to extract profits from their companies as part of retirement planning activity

Free online tool for financial advisers and accountants Tool launches ahead of changes to dividend taxation in April 2016 Advising corporates, company directors and SMEs seen as a growth area among advisers LONDON, 26-11-2015 — /EuropaWire/ — Prudential has launched … Read the full press release

CACEIS to service Bank of China’s Luxembourg RMB RQFII Ucits fund

PARIS, 25-11-2015 — /EuropaWire/ — CACEIS has been appointed by Bank of China (Luxembourg) SA to provide custody, depositary, fund administration, fund distribution and other related asset services to its Luxembourg RMB RQFII Ucits fund. The completion of this full … Read the full press release

Eurogroup on Draft Budgetary Plans (DBPs) for 2016: We broadly concur with the Commission’s opinions and analysis

BRUSSELS, 24-11-2015 — /EuropaWire/ — The close coordination of Member States’ fiscal policies significantly contributes to the strength and cohesion of the euro area. This cohesion and appreciation of common challenges is all the more important when policy-making is confronted … Read the full press release

Royal Dutch Shell’s Board announced Reference Share Price for Q3-2015 interim dividend

The Hague, 23-11-2015 — /EuropaWire/ — The Board of Royal Dutch Shell plc (“RDS”) today announced the Reference Share Price in respect of the third quarter interim dividend of 2015, which was announced on October 29, 2015 at $0.47 per A … Read the full press release

BNP Paribas to double the financing resources allocated to the renewable energy sector

BNP Paribas will: More than double its financing in the renewable energy sector Reinforce its carbon risk management policies Support its clients in making a safe transition to more sustainable energy use PARIS, 23-11-2015 — /EuropaWire/ — BNP Paribas is … Read the full press release

Volkswagen Group CEO Matthias Müller: We will strictly prioritize all investments and expenditures

CEO Matthias Müller: “We will strictly prioritize all investments and expenditures” Even greater focus on alternative drive technologies and digitalization Wolfsburg, 23-11-2015 — /EuropaWire/ — The Volkswagen Group is aligning investment activity in its Automotive Division with the current situation. … Read the full press release

EU auditors: EIB managed ACP Investment Facility adds value to EU’s development efforts

Luxembourg, 19-11-2015 — /EuropaWire/ — The ACP Investment Facility, which has approved €5.7 billion worth of development projects over the last decade, adds value to the European Union’s development efforts and fits in well with its policy objectives, according to … Read the full press release

Bergs Timber Subscribes to Forest2Market’s Baltic Rim Timber Price Index

Forest2Market welcomes Swedish company, Bergs Timber, as a subscriber to its Baltic Rim Timber Price Index and supply chain optimization service. CHARLOTTE, North Carolina, USA, 19-11-2015 — /EuropaWire/ — Forest2Market is pleased to announce that Swedish company Bergs Timber has … Read the full press release

Lenzing to increase the share of specialty fibers to 50% of total revenue by 2020

Lenzing takes advantage of megatrends Sustainability as a key innovation and growth driver Share of revenue generated by specialty fibers targeted to rise to 50% by 2020 EBITDA growth of approx. 10% p.a. until 2020 Increase in ROCE to more than … Read the full press release

Lenzing Group 1-9 months 2015: 7.4% increase of consolidated revenue; EBITDA up 31.7% YoY

LENZING, Austria, 18-11-2015 — /EuropaWire/ — In the third quarter of 2015, the Lenzing Group continued the positive development of the first two quarters of the year. Earnings improved substantially compared to the first nine months of the previous year. Consolidated revenue … Read the full press release

Wienerberger first nine months of 2015: Group revenues rose by 6% to € 2,283 million and operating EBITDA by 18% to € 293 million

Satisfactory earnings growth despite increasing market volatility 1-9/2015: revenues +6% to € 2,283 million; operating EBITDA +18% to € 293 million Q3/2015: revenues +1% to € 808 million; operating EBITDA stable at € 113 million Group EBITDA target before costs … Read the full press release

Oesterreichische Nationalbank: European Central Bank’s comprehensive assessment results in capital increases at Sberbank Europe and VTB Bank Austria

VIENNA, 16-11-2015 — /EuropaWire/ — In 2015, another nine European banks were subjected to the European Central Bank’s (ECB) comprehensive assessment. Among these institutions are two Russian subsidiaries that run their European business from Vienna, Sberbank Europe (SBE) and VTB … Read the full press release