Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Komerční banka the first in the Czech market to install vending machines featuring contact and contactless card payment options

PRAGUE, 14-3-2014 — /EuropaWire/ — In co-operation with MasterCard, Komerční banka is the first in the Czech market to install vending machines featuring contact and contactless card payment options. The technology will make it easier to pay at car parks and … Read the full press release

Berlin Hyp and Helaba banks provide EUR €200 million to Unibail Rodamco for their prime shopping center Galeria Mokotów in Warsaw

WARSAW, 14-3-2014 — /EuropaWire/ — The two German banks Berlin Hyp and Helaba are providing Unibail Rodamco with a €200 million term loan for their prime shopping center Galeria Mokotów in Warsaw. Purpose of the five-year facility is to refinance an existing … Read the full press release

Actividades de Construcción y Servicios, S.A. successfully completed new bond issue for EUR 405.6 million

Madrid, Spain, 14-3-2014 — /EuropaWire/ — The amount issued accounts for approximately 405.6 euro million, with an annual nominal coupon of 1.625% and a maturity of 5 years The bond is exchangeable into Iberdrola shares, with an exchange price of € 6.419 … Read the full press release

EY released its 2013 report on how it is upholding the UNGC principles of labor, human rights, environment and anti-corruption

London, 13-3-2014 — /EuropaWire/ — EY is proud of its membership of the United Nations Global Compact (UNGC); and today shares its communication of progress report for 2013: Our vision, values and impact. The report provides examples of how EY is upholding the … Read the full press release

Nordic Investment Bank recorded EUR 217 million profit in 2013 despite the stagnant investment climate

Helsinki, Finland, 13-3-2014 — /EuropaWire/ — In 2013, NIB recorded a profit of EUR 217 million. Despite the stagnant investment climate, NIB’s new lending reached nearly EUR 2 billion and it was allocated to projects that are relevant to the competiveness and environment of the Nordic–Baltic region. … Read the full press release

Computacenter announces final results for the twelve months ended 31 December 2013

London, UK, 13-3-2014 — /EuropaWire/ — Computacenter plc, the independent provider of IT infrastructure services and solutions, today announces its final results for the twelve months ended 31 December 2013. “Another strong UK performance. Important progress in Germany with revenue and profit … Read the full press release

Nordic Investment Bank to provide EUR 30 million to fund bus terminal and school campuses in Lahti, Finland

Helsinki, Finland, 13-3-2014 — /EuropaWire/ — NIB and the city of Lahti have signed a new loan agreement, totalling EUR 30 million with a tenor of 15 years, for the construction of a new bus and freight terminal and two multipurpose school … Read the full press release

EY published its research “Adapting and evolving – global venture capital insights and trends 2014”

London, 13-3-2014 — /EuropaWire/ — 2013 was a solid year for the global venture capital (VC) industry marking a reversal in the declines witnessed in 2012. An exceptional fourth quarter, in which the number and value of deals both soared by 10% … Read the full press release

Credit Suisse: Commodities increased in February as supply and demand fundamentals supported returns

New York, 12-3-2014 — /EuropaWire/ — Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management business, said, “As of the end of the month, the path for Ukraine was unclear. Russia’s show of force across the Crimean Peninsula stoked supply-risk … Read the full press release

Credit Suisse releases sixth annual Hedge Fund Investor Survey “Onwards and Upwards”

LONDON, 12-3-2014 — /EuropaWire/ — Credit Suisse today releases its sixth annual Hedge Fund Investor Survey, entitled “Onwards and Upwards”, in which over 500 respondents participated, representing $1.16 trillion of hedge fund investments, were analysed on a number of topics including: • … Read the full press release

Kris Nayak appointed Head of Business Acquisitions and Strategy: Food at The Co-operative Food

Manchester, 12-3-2014 — /EuropaWire/ — The Co-operative Food has appointed Kris Nayak as Head of Business Acquisitions and Strategy: Food. Kris, a keen runner who lives in Chorlton, Manchester, with his wife and three children, has spent 20 years working in M&A, … Read the full press release

The Co-operative Group announced resignation of Euan Sutherland, appointed Richard Pennycook Interim Group Chief Executive

Manchester, 12-3-2014 — /EuropaWire/ — The Co-operative Group announces that Euan Sutherland has resigned as Group Chief Executive with immediate effect. Richard Pennycook, Chief Financial Officer, has been appointed as Interim Group Chief Executive. Euan Sutherland said: “It is with great sadness … Read the full press release

Deutsche Börse welcomes the first iShares ETF with an international security structure to the XTF segment

Frankfurt, 12-3-2014 — /EuropaWire/ — The iShares EURO STOXX 50 ex-Financials UCITS ETF, which is issued by iShares, has been tradable in Deutsche Börse’s XTF segment since Tuesday. The new ETF is the first ETF to be issued with an international … Read the full press release

CACEIS awarded the administration of the first two ABN AMRO Basic UCITS ETFs

PARIS, 12-3-2014 — /EuropaWire/ — ABN AMRO Investment Management B.V. has launched the first two ABN AMRO Basic UCITS ETFs which have been listed on Euronext Amsterdam since 6thFebruary. Following a long RFP process, ABN AMRO awarded the fund administration mandate … Read the full press release

French Banking Federation Chairman Jean-Laurent Bonnafé pleased with the realisation of the Euro Private Placements Charter

Paris, France, 12-3-2014 — /EuropaWire/ — Jean-Laurent Bonnafé, Chairman of the Fédération Bancaire Française (FBF, the French Banking Federation) is pleased with the realisation of the Charter pertaining to Euro Private Placements (Euro PP)* which will facilitate the development of a specific … Read the full press release

Clearstream, BNP Paribas Securities Services, Intesa Sanpaolo and BBVA to develop asset servicing model for market environment with TARGET2-Securities (T2S)

France, Belgium, the Netherlands, Italy and Spain to be covered via this new approach to asset servicing/Citi and Erste Group Bank to also join T2S asset serving model to include Greece and Austria/Clearstream progresses towards T2S readiness Luxembourg, 12-3-2014 — /EuropaWire/ … Read the full press release

NatWest’s Enterprise Finance Guarantee helped Jones FM LLP double in size and move to new headquarters

A building services and facilities management firm has almost doubled in size and moved to new headquarters using funding from NatWest and backed by a government guarantee. Dartford, UK, 11-3-2014 — /EuropaWire/ — Jones FM LLP formed in 2010 following the amalgamation … Read the full press release

Rolls-Royce welcomes Daimler’s decision to exercise the put option relating to its 50% shareholding in Rolls-Royce Power Systems

London, UK, 11-3-2014 — /EuropaWire/ — Rolls-Royce welcomes the decision by the Board of Management of Daimler AG to exercise the put option relating to its 50% shareholding in Rolls-Royce Power Systems (RRPS). Rolls-Royce will acquire the shares from Daimler, which has been a 50-50 joint venture … Read the full press release

ING U.S. files registration statement with U.S. SEC for possible future transactions to further reduce the current 57% interest of ING Group in ING U.S

Amsterdam, 11-3-2014 — /EuropaWire/ — ING Group announced today that ING U.S., Inc., its U.S.-based retirement, investment and insurance businesses subsidiary, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) which is required to accommodate possible future … Read the full press release

Barclaycard: Consumer spending in February was flat, rising just 2 per cent

LONDON, UK, 11-3-2014 — /EuropaWire/ — Consumer spending in February was flat, rising just 2 per cent, with positive economic sentiment failing to translate into higher pay packets, according to new data from Barclaycard, which processes nearly half of all the UK’s … Read the full press release