Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Swisscom survey: Swiss banks are slow in implementing innovative digital services in retail banking despite its relevance

Although Swiss banks are aware of the relevance of innovative digital services in retail banking, they have been slow to implement them. This is the conclusion of a Swisscom survey conducted among 22 Swiss cantonal, retail and major banks as … Read the full press release

The Volvo Group reports increased profitability compared to last year in its third quarter 2014 results

Gothenburg, Sweden,  24-10-2014 — /EuropaWire/ — The market development in the third quarter followed the overall direction from the second quarter with good momentum in North America and Japan and continued slow development in the emerging markets in South America … Read the full press release

Transport group Stagecoach invests more than £600,000 in five state-of-the-art electric vehicles for its bus operations in Inverness, Scotland

Bus operator to invest more than £600,000 infive state-of-the-art electric vehicles Further funding of £477,000 to come from Scottish Government Green Bus Fund Vehicles to go into service in Inverness PERTH, SCOTLAND, 24-10-2014 — /EuropaWire/ — Transport group Stagecoach is … Read the full press release

SAS and Longitude Research survey: Only one in four banks say they’re highly mature at stress testing

Majority still at early stage of development, cite data management and skills shortage as top challenges Marlow, UK, 24-10-2014 — /EuropaWire/ — Stress testing is a given for banks, as regulations and compliance pressures loom. Yet only one in four banks say … Read the full press release

Chr. Hansen announces strong full-year results: 8% organic growth

After solid growth in the fourth quarter Chr. Hansen announces strong full-year results that match the expectations for the year Hørsholm, Denmark, 23-10-2014 — /EuropaWire/ — “Chr. Hansen continues to deliver solid growth and strong margins. In 2013/14, organic growth was … Read the full press release

BP to invest EUR 2 million in fundamental research by the department of Physics of Complex Fluids of the University of Twente research institute MESA+

Research should result in knowledge to extract more oil from existing fields Enschede, Netherlands, 23-10-2014 — /EuropaWire/ — In the next five years, BP will invest two million euros in fundamental research by the department of Physics of Complex Fluids of  the … Read the full press release

The Central Bank of Malta to host permanent exhibition of the works of Victor Pasmore within the Bank’s premises at the Polverista Conference Hall

Valletta, Malta, 22-10-2014 — /EuropaWire/ — The Central Bank of Malta has signed a collaborative agreement with the Victor Pasmore Foundation for the setting up of a permanent exhibition of the works of Victor Pasmore within the Bank’s premises at the … Read the full press release

Bridgepoint sells Quilter Cheviot to Old Mutual plc for £585 million

Quilter Cheviot, the UK private wealth manager, has been acquired by Old Mutual plc in a transaction totalling £585 million. LONDON, 22-10-2014 — /EuropaWire/ — Quilter & Co. Ltd (‘Quilter’) was originally acquired at the end of 2011 in primary … Read the full press release

NERC signs new £23m contract with the University of Leicester to fund the National Centre for Earth Observation for further five years

NERC invests £23m in Earth observation, supporting science and innovation, big data and space technology at the University of Leicester Leicester, UK, 21-10-2014 — /EuropaWire/ — NERC is to fund the National Centre for Earth Observation (NCEO) for a further five … Read the full press release

Rabobank report: Brazil to increase fed beef production by approximately 2.5 million tonnes per annum by 2023

Utrecht, Netherlands, 21-10-2014 — /EuropaWire/ — In response to rising global beef demand, Brazil is set to step up the rapid intensification of its beef production sector over the next ten years, enabling the industry to expand into higher-value export markets. … Read the full press release

Skanska sells third plot of its UK residential development land to Kersfield Developments Limited for GBP 8M

STOCKHOLM, 16-10-2014 — /EuropaWire/ — Skanska has sold the third plot of its UK residential development land bank for GBP 8 M, about SEK 89 M, to Kersfield Developments Limited. The transaction is recorded in the fourth quarter of 2014. … Read the full press release

Experian® research: UK SMEs are the most exposed to risk out of the UK business population

Experian’s SME Reputation Index reveals that the UK’s smallest firms are the most exposed to risk out of the UK business population Nottingham, 15-10-2014 — /EuropaWire/ — More than half of small and medium businesses are putting themselves at extra and unnecessary … Read the full press release

Experian® reveals that more fraud being detected and prevented than a year ago

More fraud detected than 12 months ago, especially identity frauds, as the rate of detected fraud has risen from 24 to 35 frauds per 10,000 applications* Mortgages saw the highest rate of detected fraudulent applications, more than any other financial … Read the full press release

Kuehne + Nagel Group gained market shares and continuously increased volumes in the first nine months of 2014

Schindellegi / CH, 15-10-2014 — /EuropaWire/ — In the first nine months of 2014 the Kuehne + Nagel Group gained market shares and continuously increased volumes. Compared to the previous year’s period, earnings for the period improved by 8.6 per cent … Read the full press release

South African commercial bank Nedbank Ltd deploys Gemalto’s Ezio eBanking solution

With this fully outsourced solution, Nedbank users simply connect a USB key, which launches a “safe zone” that permits to securely review, approve and digitally sign all types of transactions in a protected online environment. Amsterdam, 14-10-2014 — /EuropaWire/ — Gemalto … Read the full press release

Banca Monte dei Paschi di Siena S.p.A. appoints David Martinez Guzman and Roberto Isolani as non-independent directors

SIENA, 13-10-2014 — /EuropaWire/ — At today’s meeting, the Board of Directors of Banca Monte dei Paschi di Siena S.p.A. took steps towards the replacement of directors Marco Turchi and Paola Demartini following their resignation on 18 September, by appointing … Read the full press release

TeliaSonera’s Interim report January-September 2014 to be announced on Friday October 17, 2014

STOCKHOLM, 10-10-2014 — /EuropaWire/ — TeliaSonera’s Interim report January-September 2014, will be announced on Friday October 17, 2014 at around 7:00 (CET) and a presentation will be available at www.teliasonera.com before the press and analyst conference. Friday October 17, 2014 Press … Read the full press release

Gov.uk: New online training course to help legal and accountancy professions to protect themselves and their clients from cyber-attacks

New course is launched to help members of the legal and accountancy professions protect themselves and their clients from cyber-attacks. LONDON, 7-10-2014 — /EuropaWire/ — Digital Economy Minister Ed Vaizey will today (7 October 2014) launch a new free online … Read the full press release

CACEIS to act as depositary and central administrator for the CPR Invest Sicav

PARIS, 7-10-2014 — /EuropaWire/ — CPR Asset Management has chosen CACEIS as the asset servicing partner for “CPR Invest”, its first Luxembourg law UCITS fund, for which the first two sub-funds were launched on 29th August. CACEIS will act as … Read the full press release

NIB names Björn Ordell Chief Financial Officer, Vice-President and Head of Risk & Finance

Helsinki, Finland, 3-10-2014 — /EuropaWire/ — Björn Ordell from Sweden has been appointed Chief Financial Officer, Vice-President and Head of Risk & Finance at NIB. He will be a member of the Executive Committee and responsible for the Bank’s functions within … Read the full press release