Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Global IPO activity got off to a slow start this year compared with 2014 according to the quarterly EY Global IPO Trends: 2015 Q1

LONDON, 27-3-2015 — /EuropaWire/ — Global IPO activity got off to a slow start this year compared with 2014 with 252 IPOs raising US$38.2b in the first quarter, a 4% decrease in volume and 19% drop in proceeds compared to … Read the full press release

Hempel’s Annual Report for 2014: Solid organic growth in the second half of the year delivered a record EUR 71 million net profit

Solid organic growth in the second half of the year ensured Hempel delivered a record net profit of EUR 71 million in 2014. The Group’s growth and earnings were in the top tier of the coatings industry and give the … Read the full press release

Mediaset Group 2014: Net revenues: EUR3,414.4M; EBIT: EUR248.8M; Net profit: EUR23.7M; EUR22.7M dividend proposal

Highlights: Mediaset Group 2014 Net revenues: EUR3,414.4 million Operating profit (EBIT): EUR248.8 million Net profit: EUR23.7 million Dividend proposal: a total of EUR22.7 million Key points for FY 2014 The return of dividends Increased value of subsidiaries: Ei Towers +21% … Read the full press release

HSBC confirms the head office of its UK ring-fenced bank, serving HSBC UK’s personal and business customers, will be located in Birmingham

LONDON, 26-3-2015 — /EuropaWire/ — HSBC has confirmed today that the head office of its UK ring-fenced bank, serving HSBC UK’s personal and business customers, will be located in Birmingham. As a result, around 1,000 head office roles will move … Read the full press release

The Bank of England published the results of an independent review by Deloitte of the disruption to the Real Time Gross Settlement (RTGS) system on 20 October 2014

LONDON, 26-3-2015 — /EuropaWire/ — The Bank of England today published the results of an independent review by Deloitte of the disruption to the Real Time Gross Settlement (RTGS) system on 20 October 2014.  The Bank also published its response, … Read the full press release

Three new db x-trackers ETFs tradable in Deutsche Börse’s XTF segment on Xetra since Monday

Xetra/Börse Frankfurt, 26-3-2015 — /EuropaWire/ — Three new db x-trackers ETFs from the product family section of Deutsche Asset & Wealth Management have been tradable in Deutsche Börse’s XTF segment on Xetra since Monday. Name: db x-trackers S&P 500 UCITS … Read the full press release

Eurex Exchange to launch new options contracts on the Euro Bund futures with weekly expiration dates on 20 April 2015

Eschborn, 26-3-2015 — /EuropaWire/ — Eurex: The international derivatives market Eurex Exchange, a subsidiary of Deutsche Börse Group, is launching new options contracts on the Euro Bund futures with weekly expiration dates (weekly options) on 20 April 2015. Contracts with … Read the full press release

KAMAZ to invest 5 billion rubles in creating artificial city as a testing ground for unmanned vehicles

The project is estimated to cost 5 billion rubles MOSCOW, 26-3-2015 — /EuropaWire/ — KAMAZ is proposing to create an artificial city as a testing ground for unmanned vehicles. The project will cost about 5 billion rubles. By May of this … Read the full press release

EU IPO Report: Rebuilding IPOs in Europe; Creating jobs and growth in European capital markets

BRUSSELS, 26-3-2015 — /EuropaWire/ — Following the release of the European Commission’s Green Paper on the Capital Markets Union, Philippe de Backer MEP and Chairman of the European IPO Task Force today announces the publication of the EU IPO Report: … Read the full press release

The District Court of Vänersborg approved the composition proposal presented by National Electric Vehicle Sweden AB

Trollhättan, Sweden, 25-3-2015 — /EuropaWire/ — The District Court of Vänersborg today approved the composition proposal earlier presented by Nevs, as the stipulated number of creditors’ votes needed for the court to decide in favor of the composition proposal was … Read the full press release

Deutsche Bundesbank March Monthly Report: Approaches to strengthening the institutional framework of the European monetary union

Frankfurt am Main, 24-3-2015 — /EuropaWire/ —The financial and sovereign debt crisis has confronted the European monetary union and its member states with major challenges, and has yet to be overcome. Reforms have been carried out and measures taken in many … Read the full press release

HSBC to provide major funding facility to Scottish-based contract hire and leasing company Ogilvie Fleet

LONDON, 24-3-2015 — /EuropaWire/ — Fast-expanding Ogilvie Fleet is to accelerate its expansion plans after agreeing a major funding facility with HSBC that will enable it to fund almost £100 million pounds worth of vehicles. Ranked as one of the … Read the full press release

HSBC survey: SMEs in UK embracing Chinese currency to settle cross-border trade faster than other countries in Europe and North America

LONDON, 24-3-2015 — /EuropaWire/ — Small businesses in the UK are embracing renminbi (RMB) to settle cross-border trade faster than other countries in Europe and North America, a survey from HSBC has indicated. Small businesses in the UK are embracing … Read the full press release

ING CEO Ralph Hamers to address the Morgan Stanley European Financials Conference in London

AMSTERDAM, 24-3-2015 — /EuropaWire/ — Today, ING CEO Ralph Hamers will address the Morgan Stanley European Financials Conference in London. In his presentation, Mr. Hamers will elaborate on industry developments, ING Bank’s business model and the implementation of ING Bank’s … Read the full press release

KfW Research: SMEs in Germany are falling victim to demographics; one third of SME owners aged 55 or above

German SMEs are falling victim to demographics One third of SME owners is older than 55 Older entrepreneurs make far fewer investments This erodes company assets and curbs growth FRANKFURT, 24-3-2015 — /EuropaWire/ — Demographic change is having a major impact … Read the full press release

Federal Statistical Office (Destatis): Germany achieved 216.9 billion euros export surplus in 2014

WIESBADEN, 24-3-2015 — /EuropaWire/ — Germany exported goods to the value of 1,133.5 billion euros and imported goods to the value of 916.6 billion euros in 2014. Based on preliminary results, the Federal Statistical Office (Destatis) also reports that Germany achieved an export surplus … Read the full press release

Techstars powered Barclays Accelerator announced the ten start-ups for its thirteen-week Accelerator programme in London

LONDON, 24-3-2015 — /EuropaWire/ — Ten businesses aiming to shape the future of financial services will begin their journey on the thirteen-week Accelerator programme in London today. The Barclays Accelerator, powered by Techstars, is an intensive startup programme of networking, … Read the full press release

SEAT announces the biggest income figure in its history; 56% improvement over 2013

Martorell, 20-3-2015 — /EuropaWire/ — SEAT continues to move with determination towards sustainable growth. The sales increase for 2014 enabled the company to end the year with a total invoicing amount of 7.497 billion euros – a 15.8% improvement on … Read the full press release

Volkswagen Commercial Vehicles delivered 445,000 urban delivery vans, Transporters and pick-ups in 2014; revenue and operating profit reach new records

• Sales revenue and operating profit reach new records • Profit rises due to model mix and cost optimisation • Growth in Western Europe, economic decline in Brazil • Dr Scholz: “We create values!” • New generations of Caddy 4 … Read the full press release

Allianz Suisse art expert Oliver Class at The European Fine Art Fair: Art is becoming a more appealing investment

MUNICH, 20-3-2015 — /EuropaWire/ — The world’s largest art and antiques trade fair TEFAF (The European Fine Art Fair) is taking place in Maastricht from March 13 to 22, 2015. As one of the leading art insurers, a number of … Read the full press release