Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Bank of England announces the departure of Julian Adams, the Bank’s Executive Director for Insurance Supervision

LONDON, 7-8-2014 — /EuropaWire/ — ​The Bank of England is today announcing the departure of Julian Adams, the Bank’s Executive Director for Insurance Supervision. Julian has announced that, after 28 years as a regulator, he will be leaving the Bank to … Read the full press release

Bank of England announcements: the departure of the Bank’s Executive Director for Financial Stability Strategy and Risk Spencer Dale; new appointments to the Prudential Regulation Authority Board

LONDON, 7-8-2014 — /EuropaWire/ — The Bank of England is today announcing the departure of Spencer Dale, the Bank’s Executive Director for Financial Stability Strategy and Risk.  The Bank is also announcing new appointments to the Board of the Prudential Regulation Authority … Read the full press release

Eurex Group introduced connectivity of Trade Capture Platforms via the enhanced Multilateral Trade Registration Service

Frankfurt am Main, Germany, 7-8-2014 — /EuropaWire/ — Eurex Group introduced connectivity of Trade Capture Platforms (TCPs) via the enhanced Multilateral Trade Registration (MTR) Service as of yesterday. The first TCPs are BrokerHub and Vectalis; ITG RFQ-hub intends to connect on 11 August. … Read the full press release

Eurex Clearing AG names Matthias Graulich as member of the Executive Board of the company

Frankfurt am Main, Germany, 7-8-2014 — /EuropaWire/ — The Supervisory Board of Eurex Clearing AG appointed Matthias Graulich (40) as member of the Executive Board of the company, effective 1 August 2014. As board member, he continues to be Chief Client Officer, managing … Read the full press release

Deutsche Börse Market Data + Services and the Philippine Stock Exchange, Inc. to establish market data cooperation between the two exchanges

Frankfurt am Main, Germany, 7-8-2014 — /EuropaWire/ — Deutsche Börse Market Data + Services and the Philippine Stock Exchange, Inc. (PSE) have signed a memorandum of understanding (MoU) to establish a market data cooperation between the two exchanges. Some key areas on which … Read the full press release

Interxion Holding NV announces its results for the three months ended 30 June 2014

Revenue growth increases; bookings momentum continues AMSTERDAM, 7-8-2014 — /EuropaWire/ — Interxion Holding NV (NYSE: INXN), a leading European provider of cloud and carrier-neutral colocation data centre services, today announced its results for the three months ended 30 June 2014. Financial Highlights Revenue … Read the full press release

The Federation of European Securities Exchanges names Rainer Riess as Interim Director General as of 1st of August 2014

Brussels, 7-8-2014 — /EuropaWire/ — The Federation of European Securities Exchanges (FESE) today announced that Rainer Riess has been appointed as Interim Director General as of 1st of August 2014. Rainer Riess has been a senior executive in the exchange industry … Read the full press release

Deutsche Post DHL boosted revenues and generated strong increase in profitability in the second quarter of 2014

EBIT up strongly to EUR 654 million in the second quarter Full-year guidance for 2014 confirmed; EBIT outlook for 2015 modified Specific earnings targets for 2016 introduced for the first time: EBIT expected to reach EUR 3.4 billion to EUR … Read the full press release

Prudential analysis: Since 2011 workers over the age of 60 have seen their earnings rise faster than any other age group

• Average annual earnings for over-60s increased by nearly £1,000 between 2011 and 2013 • Number of over-60s in work has risen by more than 100,000 in two years • Increase in over-60s managers helps drive up average earnings LONDON, … Read the full press release

The Volkswagen Group reports H1 2014 sales revenue only slightly up on the prior-year period at EUR 98.8 billion

First-half sales revenue only slightly up on the prior-year period at EUR 98.8 billion due to currency-related factors Operating profit rises by 0.4 billion to EUR 6.2 billion Profit before tax grows by 17.5 percent to EUR 7.8 billion Net … Read the full press release

ŠKODA reports increased deliveries, sales revenue and operating profit in the first half of 2014

Record half year: 522,500 deliveries; up 12.5% Sales up 20.3% to six billion euros by the end of June Operating profit increases 74.9% to 425 million euros The most comprehensive model campaign in ŠKODA’s history continues Mladá Boleslav, 4-8-2014 — /EuropaWire/ … Read the full press release

BNP Paribas to acquire 81.39% stake in DAB Bank at 4,78 EUR per share valuing the company at 435 million EUR

PARIS, 4-8-2014 — /EuropaWire/ — BNP Paribas and UniCredit Bank AG‘s management board have reached joint understanding on the acquisition of a 81.39% stake in DAB Bank by BNP Paribas Group at a price of 4,78 EUR per share, thereby valuing 100% of … Read the full press release

Carmila et Unibail-Rodamco sont entrés en négociations exclusives en vue de l’acquisition de neuf centres commerciaux

PARIS, 31-7-2014 — /EuropaWire/ — Poursuivant sa stratégie de valorisation des centres commerciaux attenants aux hypermarchés Carrefour en Europe, Carmila annonce un nouveau projet de croissance comportant deux volets : En France, Carmila et Unibail-Rodamco sont entrés en négociations exclusives en vue … Read the full press release

BAWAG P.S.K. und Leder & Schuh International AG geben gemeinsam bekannt, dass die Stiefelkönig Schuhhandels Gesellschaft m.b.H verkauft wurde

Wien, Graz, 31-7-2014 — /EuropaWire/ — BAWAG P.S.K. und Leder & Schuh International AG geben gemeinsam bekannt, dass die Stiefelkönig Schuhhandels Gesellschaft m.b.H verkauft wurde. Der Kaufvertrag wurde am 29.07.2011 zwischen BAWAG P.S.K. und der Leder & Schuh International AG unterzeichnet. Das … Read the full press release

European Central Bank released the euro area bank lending survey results for July 2014

Credit standards on loans to enterprises were eased by banks in net terms, for the first time since the second quarter of 2007. Banks reported a narrowing of their margins on riskier loans to enterprises, for the first time since … Read the full press release

The European Central Bank published the legal act relating to the targeted longer-term refinancing operations (TLTROs)

Frankfurt am Main, Germany, 31-7-2014 — /EuropaWire/ — The European Central Bank (ECB) is publishing a legal act that has been adopted today relating to the targeted longer-term refinancing operations (TLTROs). The TLTROs are designed to enhance the functioning of the monetary … Read the full press release

EBRD and Mongolian Khan Bank to improve access to finance for micro, small and medium-sized enterprises (MSMEs) in Mongolia

EBRD and the Mongolian bank continue supporting innovative financial instruments for small businesses, including value chain finance LONDON, 31-7-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) and Khan Bank – one of the largest commercial banks in Mongolia … Read the full press release

EBRD provides €10 million loan to Moldova for development of regional water supply system

Better water infrastructure to benefit nearly 190,000 people LONDON, 31-7-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a €10 million loan to Moldova to develop a regional water supply system in the country’s north, including its second largest … Read the full press release

The Linde Group reports EUR 8.212 bn revenue and EUR 1.896 bn operating profit in the first half of 2014

Group revenue: EUR 8.212 bn (2013: EUR 8.207 bn); up 5.6 percent after adjusting for exchange rate effects. Group operating profit: EUR 1.896 bn (2013: EUR 1.966 bn); up 1.7 percent after adjusting for exchange rate effects. 2014 Group outlook … Read the full press release

Germany’s Ministry of Education and Research grants €1.9m to astroparticle physics projects by Tübingen scientists

Tübingen, Germany, 30-7-2014 — /EuropaWire/ — Germany’s Ministry of Education and Research has awarded grants totaling €1.9m over three years to astroparticle physics projects by Tübingen scientists. The GERDA project aims to find a particular form of radioactive decay linked with an … Read the full press release