Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Banco de Portugal: new online form launched to report breaches of the rules applicable to credit institutions and financial companies

LISBON, 23-9-2015 — /EuropaWire/ — Banco de Portugal publishes today in its website an online form trough which it will be possible to report breaches to the rules applicable to credit institutions and financial companies. Banco de Portugal encourages any … Read the full press release

Oesterreichischen Nationalbank (OeNB): Interesse an neuer 20-Euro-Banknote groß

Der Euro-Bus der Oesterreichischen Nationalbank (OeNB) war von 17. Juli bis 17. September 2015 auf Euro-Info-Tour durch alle Bundesländer unterwegs. Höhepunkt der diesjährigen Tour war die neue 20-Euro-Banknote, die ab November im Umlauf ist und beim Euro-Bus bereits vorab in … Read the full press release

University of Helsinki to launch adjustment measures in its operations; actively seeks new sources of funding

The upcoming Government cuts in university funding require the University of Helsinki to launch adjustment measures in its operations and actively seek new sources of funding. This adjustment cannot be implemented without reducing the number of staff. HELSINKI, 18-9-2015 — … Read the full press release

ABLV Bank: premature redemption of the subordinated bond issud in 2010

Riga, Latvia, 15-9-2015 — /EuropaWire/ — ABLV Bank decided to perform premature redemption of the subordinated bond issue that took place in 2010. On 15 September 2015, USD bonds (ISIN: LV0000800845) will be redeemed in full at the price of … Read the full press release

ABN AMRO on track to achieve its financial performance and targets which were set for 2017

AMSTERDAM, 14-9-2015 — /EuropaWire/ — ABN AMRO has carefully reviewed its financial performance and targets which were set for 2017. These targets, which were announced early 2013, are a CET1 ratio of 11.5-12.5%, a C/I ratio of 56-60% and an … Read the full press release

ABB intends to drive $1 billion in white-collar cost savings, free up $2 billion in cash and become more active in value-creating acquisitions

Unlocking additional value through realignment of unique power & automation offering New Power Grids division brings No. 1 power & automation offering to utilities, strategic portfolio review of this division initiated New Electrification Products division combines leading low- and medium-voltage … Read the full press release

Joint press release by Ballast Nedam N.V. and Renaissance Infrastructure B.V.: Ballast Nedam expects material deterioration of its financial results for 2015

This is a joint press release by Ballast Nedam N.V. (“Ballast Nedam”) and Renaissance Infrastructure B.V. (the “Offeror”), a company controlled by RC RÖNESANS İNŞAAT TAAHHÜT A.Ş. (“Renaissance Construction”) pursuant to the provisions of Section 4, paragraphs 1 and 3 … Read the full press release

The BKW Group H1 2015: operating profit (EBIT) well above the results of the prior-year period

BKW Half-year results 2015 BERN, 8-9-2015 — /EuropaWire/ — The BKW Group posted good results in the first half of 2015. At CHF 199 million, operating profit (EBIT) was well above the results of the prior-year period, although this is primarily … Read the full press release

Experian, England Illegal Money Lending Team teamed up to tackle loan sharks issue in classrooms

LONDON, 8-9-2015 — /EuropaWire/ — Primary school pupils up and down the country are set to learn about the dangers of illegal money lenders thanks to a new partnership between Experian and the England Illegal Money Lending Team (IMLT). Unlicensed … Read the full press release

Central Bank of Ireland: Q2 2015 Residential Mortgage Arrears and Repossessions Statistics

The number of mortgage accounts for principal dwelling houses (PDH) in arrears continued to fall in Q2 2015; this marks the eight consecutive quarter of decline. A total of 98,137 (13 per cent) of accounts were in arrears at end-Q2, … Read the full press release

Harmonisation of a first batch of key OTC derivatives data elements report published for public comment by CPMI-IOSCO

BASEL, 3-9-2015 — /EuropaWire/ — The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have today published for public comment a consultative report entitled Harmonisation of a first batch of key OTC derivatives … Read the full press release

Jürg Weber appointed new Division CEO of SIX Payment Services and member of SIX Group Executive Board

ZURICH, 2-9-2015 — /EuropaWire/ — The Board of Directors of SIX has appointed Jürg Weber as the new Division CEO of SIX Payment Services and thus also as a member of SIX Group Executive Board. Jürg Weber has a wealth … Read the full press release

SNS REAAL NV: agreement reached on the sale of the shares in SNS Bank NV to the Dutch State for € 2.7 billion

UTRECHT, 2-9-2015 — /EuropaWire/ — SNS REAAL NV announces that an agreement has been reached on the sale of the shares in SNS Bank NV to the Dutch State for the sum of € 2.7 billion. The envisaged date of transfer … Read the full press release

Bertelsmann’s group revenues at highest level since 2007

Strategic measures are paying off At €8.0 billion, Group revenues are at highest level since 2007 Operating EBITDA of nearly €1.1 billion atrecord high Group net income upby more than 50 percent, to €398 million Further progress on all four … Read the full press release

European Private Equity and Venture Capital Association: private equity and venture capital investment in Central and Eastern Europe increased by 66% in 2014

BRUSSELS, 28-8-2015 — /EuropaWire/ — A record 290 companies in Central and Eastern Europe received private equity and venture capital investment in 2014 as capital invested by funds across the region increased by 66% on previous year to €1.3bn, according … Read the full press release

HSH Nordbank first half of 2015: € 222 m pre-tax profit; Cost-income ratio improved to 44%

Total income of € 652 (646) million New business up to € 4.9 (4.5) billion Cost-income ratio improved to 44% (48%) No new debt waiver in Q2; bank levy a burden Like 2014, figures for 2015 forecast to be in … Read the full press release

SEB’s Nordic Outlook August 2015: Strong disinflationary forces, despite rising resource utilisation

Gentle Fed hikes, Chinese soft landing, persistent Grexit risk STOCKHOLM, 26-8-2015 — /EuropaWire/ — The world economy is hesitating. Looking back at developments this spring and summer, the lingering impression is that global growth is not really willing to take … Read the full press release

WPP reports billings up 5.0% and revenue up 6.8% in its Interim Results 2015

LONDON, 26-8-2015 — /EuropaWire/ — WPP reports billings up 5.0% and revenue up 6.8% in its Interim Results 2015 Reported billings up 5.0% at £23.156 billion, up 5.0% in constant currency Reported revenue up 6.8% at £5.839 billion in sterling, … Read the full press release

Deka Group reports 13.8 per cent increase of its economic result to EUR 366.6 million in the first half of 2015

EUR 19 billion in net sales in the last twelve months Net sales EUR 10 billion in first half of the year Net inflow of EUR 5.8 billion into the retail business during the reporting period Frankfurt am Main, 26-8-2015 … Read the full press release

Eurex’s intervew with Ian Firla, Chief Operations Officer at OSTC on the company’s specific trading philosophy

Interview with OSTC, Trading Participant at Eurex Exchange Eschborn, 25-8-2015 — /EuropaWire/ — We spoke with Ian Firla, Chief Operations Officer at OSTC, about the company’s specific trading philosophy and how it breeds success. OSTC aims to maximize the potential … Read the full press release