Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

HSBC’s savings map of Britain: average savings increased 15 per cent over the past year

Popularity of alternatives to deposit savings increasing LONDON, 3-7-2014 — /EuropaWire/ — Britain’s savings have increased over the past year, with the average savings pot rising to £20,844, up 15 per cent from £17,664 in 2013, according HSBC’s savings map of … Read the full press release

Deutsche Boerse launches Open Innovation forum to keep the group at the cutting edge of financial market innovation

Frankfurt, 2-7-2014 — /EuropaWire/ — Open Innovation forum is Deutsche Boerse’s latest initiative to keep the group at the cutting edge of financial market innovation. Open Innovation will for the first time establish a group-wide and systematic approach to attract external partners … Read the full press release

first direct launches branded cash machines to be installed at various railway stations

Leeds, England, 2-7-2014 — /EuropaWire/ — For the first time in its 25 year history, leading direct bank first direct is taking its brand onto the high street. Twelve first direct branded cash machines will be installed at various railway stations over the next two weeks. In line with … Read the full press release

RBS launches £25m Tooling Finance funding specifically aimed at suppliers in the automotive industry

Edinburgh, Scotland, 30-6-2014 — /EuropaWire/ — RBS today launches £25m of funding specifically aimed at suppliers in the automotive industry. RBS is the first bank to offer bespoke Tooling Finance and has done so in response to the urgent need for funding … Read the full press release

Deutsche Bank AG announced it completed approximately EUR 8.5 bn capital increase to reinforce its 2015+Strategy

Gross proceeds of approximately EUR 8.5 bn Common Equity Tier 1 (CET1) ratio on a fully-loaded CRD4 basis increases from 9.5% as of the end of the first quarter of 2014 to a pro forma 12.0% Frankfurt am Main, 7-6-2014 — … Read the full press release

Allianz: supertall construction boom pose new challenges for insurers, architects and contractors

2014 sees the 100th “supertall” building of over 300 meters built worldwide. More than half of world’s tallest buildings have been built in last four years, with the total supertall category almost tripling in the last seven years. The high rise … Read the full press release

BNP Paribas subsidiary Arval to form joint-venture with Qiangshen subsidiary Shanghai Ba-shi Car Rental Service Co. LTD.

Shanghai, 27-6-2014 — /EuropaWire/ — On June 19 2014, Arval, a subsidiary of BNP Paribas and an expert in the full-service leasing of multi-brand vehicles to companies, closed a deal with Shanghai Ba-shi Car Rental Service Co. LTD., a subsidiary of Qiangshen, … Read the full press release

AXA joins Nestlé and other premier European companies in “Alliance for Youth” to address youth unemployment in Europe

AXA commits to provide at least 20,000 youth with professional experience over the next five years in Europe AXA will help youth in Europe increase their employability PARIS, 27-6-2014 — /EuropaWire/ — During a public event today in the presence of … Read the full press release

EU announces new funding to support education in developing countries through the Global Partnership for Education

Brussels, 26-6-2014 — /EuropaWire/ — New funding to support education in developing countries over the next seven years, through the Global Partnership for Education, (or GPE), was today announced by European Development Commissioner, Andris Piebalgs. Speaking at the EU-hosted Global Partnership for … Read the full press release

The European Commission allocates additional €500 000 to enhance interventions aimed at curbing the worsening Ebola epidemic in Guinea, Liberia and Sierra Leone

BRUSSELS, 25-6-2014 — /EuropaWire/ — The European Commission is allocating an additional €500 000 to enhance interventions aimed at curbing the worsening Ebola epidemic in Guinea, Liberia and Sierra Leone. This brings the total of Commission aid to €1.9 million. “This … Read the full press release

RenewableUK: Green Investment Bank’s plan to raise £1 billion fund to invest in offshore wind projects will help boost the sector’s rapid growth

LONDON, 25-6-2014 — /EuropaWire/ — RenewableUK says today’s announcement by the Green Investment Bank (GIB) that it plans to raise £1 billion for a fund to invest in offshore wind projects will help to boost the sector’s rapid growth. The bank … Read the full press release

University of East Anglia recieves £300,000 funding from Sport England’s University Sport Activation Fund and UEA to help get new students playing sport

Students at the University of East Anglia (UEA) will have more chances to play sport thanks to almost £300,000 of joint National Lottery funding from Sport England’s University Sport Activation Fund and UEA. Norfolk, UK, 23-6-2014 — /EuropaWire/ — The university is … Read the full press release

Norfolk’s Cancer Charity Big C pledged £250,000 donation to help build the brand new Norwich Medical Research Building on Norwich Research Park

Big C, Norfolk’s Cancer Charity, has pledged a contribution of £250,000 to help build the brand new Norwich Medical Research Building on Norwich Research Park. Norfolk, UK, 23-6-2014 — /EuropaWire/ — The Centre, which is a joint venture between the University of … Read the full press release

Lloyds Bank Spending Power Report for May reached new high of 146 points for consumer confidence since the survey began in November 2010

The Lloyds Bank Spending Power Report measure of consumer confidence rises for the fifth consecutive month in May to a new survey high Overall spending growth on essentials remains stable, around 0.5% higher than a year ago Gas and electricity … Read the full press release

Lloyds Bank reminds the entry deadline for its 2014 Enterprise Awards application closes on 23 July 2014

Entry deadline for Lloyds Bank Enterprise Awards closes in a month on 23 July 2014. Entrants will be considered in three categories at a regional and national level for Best Start-up, Best Enterprise and Best Digital (a new category for … Read the full press release

Swisscom published the offer prospectus for the public acquisition of PubliGroupe Ltd

BERNE, 23-6-2014 — /EuropaWire/ — Swisscom has today published the offer prospectus for the public acquisition of PubliGroupe Ltd. The prospectus confirms Swisscom’s purchase price of CHF 214 per PubliGroupe share. The offer period will begin on 8 July 2014 and … Read the full press release

University of Twente researchers Jan Harmen Wiebenga and Johan Hol received valorisation grant of 200,000 euros from technology foundation STW

Enschede, Netherlands, 21-6-2014 — /EuropaWire/ — UT researchers Jan Harmen Wiebenga and Johan Hol have received a valorisation grant of 200,000 euros from technology foundation STW. With this grant, the enterprising pair can further expand upon the work of their spin-off company Innprove Solutions. … Read the full press release

Bridgepoint Development Capital sold IT infrastructure services provider Pulsant to Oak Hill Capital Partners

LONDON, 21-6-2014 — /EuropaWire/ — Pulsant, the provider of IT infrastructure services to medium sized businesses in the UK, has been sold by Bridgepoint Development Capital (‘BDC’) to Oak Hill Capital Partners (‘Oak Hill’). The value of the transaction was not disclosed. … Read the full press release

Standard Chartered to launch two pioneering indicators to shed light on the business, investment and economic outlook for select African markets

LONDON, 21-6-2014 — /EuropaWire/ — Standard Chartered is launching two pioneering indicators to help shed light on the business, investment and economic outlook for select African markets. The Bank will publish a Business Sentiment Indicator for Nigeria, Ghana and Kenya and … Read the full press release

Ahlstrom to grant its President and CEO Marco Levi 120,000 company shares as part of long-term incentive plan

Helsinki, Finland, 17-6-2014 — /EuropaWire/ — Ahlstrom Corporation’s President and CEO Marco Levi has started in his new position today, on June 16, 2014. The Board of Directors of Ahlstrom has on June 15, 2014 decided to grant Marco Levi a total of … Read the full press release