Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Aviva sells 76% shareholding in Friends Provident International Limited (“FPIL”) to International Financial Group Limited (“IFGL”) for £259 million

(PRESS RELEASE) LONDON, 16-Jul-2020 — /EuropaWire/ — British multinational insurance company, Aviva plc (“Aviva”) announces the closing of the sale of Friends Provident International Limited (“FPIL”) to RL360 Holding Company Limited (“RL360”), a subsidiary of International Financial Group Limited (“IFGL”). … Read the full press release

Frankfurt-based technology group Brockhaus Capital Management AG goes public on the Frankfurt Stock Exchange

Technology group with focus on high-margin and high-growth technology champions (PRESS RELEASE) FRANKFURT, 14-Jul-2020 — /EuropaWire/ — Deutsche Börse Group has announced that Brockhaus Capital Management AG (ISIN: DE000A2GSU42), a technology group with focus on high-margin and high-growth technology champions, … Read the full press release

Skandinaviska Enskilda Banken AB (SEB) one of five banks chosen to execute Sweden’s EUR 2 billion first green bond

(PRESS RELEASE) STOCKHOLM, 14-Jul-2020 — /EuropaWire/ — The leading Nordic corporate bank Skandinaviska Enskilda Banken AB (SEB) will be the joint lead manager for Sweden’s first green bond. SEB is one of five banks with a mandate to execute the … Read the full press release

Lloyds Bank to address growing popularity of subscription services with new feature in its mobile banking app

Subscriptions to popular services including streaming services have quadrupled during the UK lockdown New Lloyds Bank feature makes managing subscriptions easier for customers The service is currently being piloted and will be available soon to customers across the UK (PRESS … Read the full press release

Promozione Alberghiera and MARR unveil operational plan to help hoteliers make a better use of the tax credit called The Holiday Bonus

(PRESS RELEASE) RIMINI, 10-Jul-2020 — /EuropaWire/ — Italy’s largest hotels cooperative Promozione Alberghiera and MARR S.p.A., a major distributor of food products for out-of-home food consumption controlled by the Cremonini Group, have announced a solution aimed at helping tourist operators … Read the full press release

EQT Infrastructure IV’s Asia Pacific Village Group Limited to acquire Metlifecare, major retirement villages operator

APVG, an entity owned by EQT Infrastructure has entered into a new Scheme Implementation Agreement to acquire 100 percent of Metlifecare’s shares The transaction consideration of NZD 6.00 per share gives a total consideration of approximately NZD1.3 billion Metlifecare’s largest … Read the full press release

Rolls-Royce 1H 2020: historic shock in civil aviation due to COVID-19 which will take several years to recover

(PRESS RELEASE) LONDON, 9-Jul-2020 — /EuropaWire/ — Rolls-Royce Holdings plc (LEI: 213800EC7997ZBLZJH69) has announced its trading update on the first half 2020. According to the company’s CEO Warren East the COVID-19 pandemic has created a historic shock in civil aviation … Read the full press release

Standard Chartered adds extensive network across Asia, Africa, and the Middle East to the IBOS international banking network

(PRESS RELEASE) SINGAPORE, 8-Jul-2020 — /EuropaWire/ — British multinational banking and financial services group Standard Chartered has announced it has joined the international banking network IBOS Association (IBOS). IBOS members, some of the world’s largest banks, collaborate to serve each … Read the full press release

Environmental projects and SMEs in Denmark to benefit from new NIB and Ringkjøbing Landbobank cooperation

(PRESS RELEASE) HELSINKI, 6-Jul-2020 — /EuropaWire/ — International financial institution NIB announces signing of a ten-year loan agreement with Danish Ringkjøbing Landbobank (RLB) for onlending to environmental projects and to small and medium-sized enterprises in Denmark. A substantial part of … Read the full press release

Bankinter ya es neutral en carbono

El banco fue el primer banco en calcular su huella de CO2 en 2009 y consiguió la neutralidad de su huella en el mercado español en 2018 que ahora extiende a otros mercados. (PRESS RELEASE) MADRID, 3-Jul-2020 — /EuropaWire/ — … Read the full press release

Intesa Sanpaolo and Nexi strategic agreement received all authorisations from the competent authorities

(PRESS RELEASE) TURIN/ MILAN, 30-Jun-2020 — /EuropaWire/ — Italian banking group Intesa Sanpaolo has announced that its strategic agreement related to payment systems with Nexi, an Italian bank that specialises in payment systems, has just been finalised with all the … Read the full press release

Cyber Resilience amid a Global Pandemic: Intesa Sanpaolo emerged winner at the AIPSA CTF challenge

First place in the “Cyber Resilience amid a Global Pandemic” competition which saw the participation of Italy’s leading companies The Intesa Sanpaolo team was successful in overcoming all the security challenges Massimo Proverbio: “Proof of the outstanding work we have … Read the full press release

AB Volvo number of votes changed due to Series A to Series B shares conversion

(PRESS RELEASE) GOTHENBURG, 30-Jun-2020 — /EuropaWire/ — Swedish multinational industrial company Volvo Group has announced there is a change in the number of votes in AB Volvo due to the conversion of a total of 1 837 139 Series A … Read the full press release

Digi Communications N.V. announces ANCOM approval for RCS & RDS S.A. to continue to apply a surcharge for certain roaming services provided in the EEA for a renewed maximum period of 12 months

(PRESS RELEASE) BUCHAREST, Romania, 29-Jun-2020 — /EuropaWire/ — We would like to inform the market and our investors that the National Authority for Management and Regulation of Communications in Romania (ANCOM) has authorized RCS & RDS S.A., the Company’s subsidiary … Read the full press release

Accenture and Sopra Steria transformation program to modernize Covéa’s finance function across its three brands — MAAF, MMA and GMF

(PRESS RELEASE) PARIS, 22-Jun-2020 — /EuropaWire/ — Multinational professional services company Accenture (NYSE: ACN) and Sopra Steria, European information technology consultancy formed by the merger of Sopra Group SA and Groupe Steria SCA, have announced they signed a four-year joint … Read the full press release

BlackRock, Inc. now owns more than 5% in Wärtsilä Corporation

(PRESS RELEASE) HELSINKI, 22-Jun-2020 — /EuropaWire/ — Leading Finnish company Wärtsilä Corporation, active in the marine and energy markets, has announced that it has been notified by BlackRock, Inc., the world’s largest asset manager with $7.4 trillion in assets under … Read the full press release

Covid-19 impact on venture capital market: InnMind VC report 2020

InnMind, #1 platform in Europe for startups & investors, released a report based on the personal interviews with 100+ VC firms and investors from Silicon Valley & Europe regarding the covid-19 impact on the venture capital market and investment sentiments. … Read the full press release

NWO: Spinoza Prize / Stevin Prize, the highest distinction in Dutch Science, awarded to six outstanding researchers

(PRESS RELEASE) THE HAGUE, 19-Jun-2020 — /EuropaWire/ — The Dutch Research Council (NWO) has announced that six researchers will receive the highest awards in science in the Netherlands. The Spinoza Prize, emphasised on the scientific work and fundamental questions, will … Read the full press release

Thierry Léger to succeed Edi Schmid as Group Chief Underwriting Officer at Swiss Re

(PRESS RELEASE) ZURICH, 19-Jun-2020 — /EuropaWire/ — The world’s second-largest reinsurer Swiss Reinsurance Company Ltd, (Swiss Re) has announced leadership changes as well as changes to its Life Capital Business Unit. Starting from 1 September 2020 the reinsurer will have … Read the full press release

Leadership changes at ING: Current CEO Ralph Hamers leaves; Steven van Rijswijk will be the new CEO

(PRESS RELEASE) AMSTERDAM, 19-Jun-2020 — /EuropaWire/ — Dutch multinational banking and financial group ING has announced leadership changes. The bank’s Supervisory Board has just appointed Steven van Rijswijk, currently member of the Executive Board and chief risk officer of ING, … Read the full press release