Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Roche commences cash tender offer for up to 15,604,288 outstanding shares of common stock of Foundation Medicine, Inc. at a price of $50.00 per share

BASEL, 3-2-2015 — /EuropaWire/ — Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced that it has commenced a cash tender offer for up to 15,604,288 outstanding shares of common stock of Foundation Medicine, Inc. (NASDAQ: FMI) at a price of … Read the full press release

KfW IPEX-Bank finances two state-of-the-art well intervention vessels for Siem Offshore Rederi AS

Well intervention vessels for maintenance of offshore oil wells Vessels being constructed at FSG shipyard in Flensburg FRANKFURT, 3-2-2015 — /EuropaWire/ — KfW IPEX-Bank co-arranges the financing of two state-of-the-art well intervention vessels for Siem Offshore Inc.’s subsidiary Siem Offshore Rederi … Read the full press release

Euler Hermes to provide trade credit insurance services to Bulgarian clients with the opening of new office in Sofia

SOFIA, 3-2-2015 — /EuropaWire/ — Euler Hermes, the worldwide leader in trade credit insurance has opened a new office – Euler Hermes Bulgaria – in Sofia to provide trade credit insurance services to Bulgarian clients. The office will also contribute … Read the full press release

UK Deputy Prime Minister Nick Clegg visits Twickenham to mark the start of the biggest year in history for English rugby

The Deputy Prime Minister will visit Twickenham today to mark the start of the biggest year in history for English rugby. LONDON, 2-2-2015 — /EuropaWire/ — The visit comes just 4 days before the start of the Six Nations and … Read the full press release

PwC Q4 update: European loan portfolios with face value of €91bn were sold in 2014, up from €64bn the previous year

LONDON, 2-2-2015 — /EuropaWire/ — European loan portfolios with a face value of €91bn were sold in 2014, up from €64bn the previous year, says PwC in a Q4 update from its Portfolio Advisory Group. PwC say the European secondary market … Read the full press release

Visa Europe reported its strongest annual financial performance to date with revenue 9% up YoY

Revenue rises 9% and profits increase 30% year-on-year 2015 will be a defining year for digital payments Visa calls on retailers to use savings from regulation on improving consumer payments experience LONDON, 30-1-2015 — /EuropaWire/ — Visa Europe has reported its … Read the full press release

Snam, GIC, and EDF Invest entered into an agreement with Crédit Agricole Assurances for its 10% stake entry into TIGF’s share capital

Paris/San Donato Milanese, 29-1-2015 — /EuropaWire/ — Today, Snam, GIC, and EDF Invest entered into an agreement with Crédit Agricole Assurances for its entry into the share capital of TIGF with a 10% stake. Upon completion of the transaction, Snam, … Read the full press release

BBVA’s executive director José Manuel González-Páramo becomes the new Europe chair of the TransAtlantic Business Dialogue

BBVA’s executive director José Manuel González-Páramo is the new Europe chair of the TransAtlantic Business Dialogue (TABD). The TABD, of which BBVA is a longstanding member, gathers more than 60 major U.S. and European companies. The organization’s goal is to … Read the full press release

The Bank of England appointed Alex Brazier and Sam Woods to its Executive Team

The Bank of England today announced two new appointments to its Executive Team. LONDON, 29-1-2015 — /EuropaWire/ — The Court of the Bank of England today approved the appointment of Alex Brazier as Executive Director for Financial Stability Strategy and … Read the full press release

New exchange-listed equity index fund issued by Amundi launched on Deutsche Börse’s XTF segment

Frankfurt am Main, 29-1-2015 — /EuropaWire/ — Xetra/Börse Frankfurt: A new exchange-listed equity index fund issued by Amundi has been tradable in Deutsche Börse’s XTF segment since Tuesday. Name: Amundi ETF JPX-Nikkei 400 UCITS ETF (EUR) Asset class: equity ETF ISIN: … Read the full press release

Groupe BPCE’s Natixis Becomes First French bank to join Eurex Clearing’s Securities Lending CCP

Frankfurt am Main, 29-1-2015 — /EuropaWire/ — Eurex Clearing: Eurex Clearing, Europe’s leading clearing house and part of Deutsche Börse Group, has announced that Natixis, the corporate, investment management and financial arm of Groupe BPCE, the second-largest bank in France, has … Read the full press release

Loughborough University study: People with sight loss can face at least 25% higher costs for everyday living

People with sight loss can face at least 25% higher costs for everyday living than those who are fully sighted, according to a new study by Loughborough University for the sight loss charity Thomas Pocklington Trust. Leicestershire, UK, 28-1-2015 — … Read the full press release

Barclays makes purchasing Buy-To-Let property more accessible

LONDON, 28-1-2015 — /EuropaWire/ — From today (26 January), purchasing a Buy-To-Let property with Barclays is made more accessible for many would-be landlords thanks to the introduction of a new approach that allows personal income to be accepted when assessing … Read the full press release

Aviva report: Pension Wise, UK government’s guidance guarantee service, must discuss life expectancy as part of people’s retirement planning

Make life expectancy conversations mandatory and a core action for the government’s guidance guarantee service – Pension Wise. Help retirees understand the nuances of life expectancy and the link to lifestyle factors. Give retirees the online tools and information to … Read the full press release

Aviva offers a year of free life cover worth £15,000 to each UK parent of a child aged under five

Parents can register for a year of free life cover before their child’s fourth birthday Cover has been increased to £15,000 per parent, per child Available to all UK parents including biological, adoptive and same sex couples LONDON, 27-1-2015 — … Read the full press release

Scania Financial Services’ operating income increased to more than SEK 1 billion during 2014

Operating income in Scania Financial Services increased to more thanSEK 1 billion during 2014. Customers are increasingly choosing Scania as their long-term partner in vehicle financing, which has meant a growing portfolio. Lower bad debt expenses and better margins also … Read the full press release

BNP Paribas and Natixis renew their agreement on Partecis

By signing this partnership agreement on Partecis* 10 years ago, BNP Paribas and Natixis made a decisive choice: the choice of having a common IT platform to manage all e-payment transactions, with no country or format limitation. Building on the … Read the full press release

The “New Face of the Euro” exhibition officially opened at Kulturgeschichtliches Museum in Osnabrück from 25 January until 3 May 2015

The exhibition will run from 25 January until 3 May 2015 at the Kulturgeschichtliches Museum Opening ceremony held in the Peace Hall of the Osnabrück Town Hall Osnabrück, Germany, 27-1-2015 — /EuropaWire/ — The “New Face of the Euro” exhibition was officially … Read the full press release

The European Commission welcomes the signing of the SME Initiative with Spain

BRUSSELS, 27-1-2015 — /EuropaWire/ — The European Commission welcomed today the signing of the SME Initiative with Spain, a ground-breaking agreement to unlock more than €3.2 billion of additional lending for companies with fewer than 250 employees (SMEs). In practice, … Read the full press release

Reinet Fund S.C.A., F.I.S. announced its net asset value as of 31 December 2014

Luxembourg, 26-1-2015 — /EuropaWire/ — Reinet Investments S.C.A.’s wholly-owned subsidiary, Reinet Fund S.C.A., F.I.S. has today announced its net asset value as at 31 December 2014 as follows: Quote Reinet Fund S.C.A., F.I.S. (‘the Fund’) Net asset value statement as … Read the full press release