Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Lithuania becomes the 19th member state of the euro area

BRUSSELS, 06-1-2015 — /EuropaWire/ — On 1 January 2015 Lithuania became the 19th member state of the euro area, with euro coins and banknotes entering circulation on the same day. The country joined a number of euro area institutions and euro-related … Read the full press release

first direct announced it has reduced all of its fixed rate mortgages at 65% and 75% LTV

first direct kick-starts the New Year by cutting all fixed rate mortgages LEEDS, 05-1-2015 — /EuropaWire/ — The prospect of fixing into a mortgage, with interest rates still at an all-time low, has become even more appealing following first direct ’s announcement … Read the full press release

The international derivatives markets of Eurex Group ended 2014 with turnover of approximately 2.1 billion contracts

FRANKFURT, 05-1-2015 — /EuropaWire/ — Eurex: The international derivatives markets of Eurex Group ended 2014 with a turnover of approximately 2.1 billion contracts (2013: 2.2 billion contracts). The total volume for 2014 splits into 1.5 billion contracts traded at Eurex Exchange … Read the full press release

Deutsche Börse announced it had €1.28 trillion turnover on its cash markets in 2014

FRANKFURT, 05-1-2015 — /EuropaWire/ — Deutsche Börse: In 2014, turnover at the cash markets of Deutsche Börse stood at €1.28 trillion (2013: €1.16 trillion). Order book turnover on Xetra, Börse Frankfurt and Tradegate stood at €108.9 billion in December (December 2013: … Read the full press release

RBS and NatWest blocked over £1.05 million of hidden fees from payday loan brokers on the day the FCA change the rules

RBS and NatWest announce they have blocked over £1.05 million of hidden fees from payday loan brokers on the day the FCA change the rules. EDINBURGH, 05-1-2015 — /EuropaWire/ — From today (2 January 2015), according to new rules set by … Read the full press release

Deutsche Bundesbank: The Federal Government will issue Treasury discount paper with 6 months maturity for sale by auction on 12 January 2015

Frankfurt am Main,  05-1-2015 — /EuropaWire/ — As already announced in the issuance calendar for the first quarter of 2015, the Federal Government will issue Treasury discount paper (“Bubills”) with a maturity of 6 months for sale by auction on 12 January 2015. … Read the full press release

Barclays Head of Manufacturing Mike Rigby comments on the PMI manufacturing figures

LONDON, 05-1-2015 — /EuropaWire/ — Mike Rigby, Head of Manufacturing at Barclays, comments on today’s PMI manufacturing figures. “2014 finished on an encouraging note for the manufacturing sector, with growth still moving in the right direction despite broadly benign UK macroeconomic conditions … Read the full press release

Groupe BPCE: La Banque Palatine se dote d’une nouvelle image grâce à une campagne institutionnelle inédite

PARIS, 05-1-2015 — /EuropaWire/ — La Banque Palatine se dote d’une nouvelle image grâce à une campagne institutionnelle inédite. Le concept, qui se décline en deux visuels, positionne la Banque Palatine comme un partenaire différent, en phase avec les ambitions … Read the full press release

Aviva’s bi-annual Family Finances Report: working parents in UK are being hamstrung by childcare costs with thousands effectively working for nothing

Parents of 0-5s juggle earnings with childcare expenses 1 in 10 families using childcare for 0-5s say lower earner takes home nothing after childcare / work costs are paid Lower earner typically brings home just £243 after childcare / work … Read the full press release

Aviva Family Finance Report: incomes and debts have risen in tandem for UK families over the last 6 months

Typical household income is up by four percent since July 2014 But household debt more than doubles in same period to more than £16,000 More families are saving regularly, but the size of savings pots has shrunk More families protect … Read the full press release

Audi to invest €24 billion between 2015 and 2019, 70 percent of which to go into new models and technologies

Audi CEO Rupert Stadler: “We are strengthening our innovative areas and expanding the global production network” Axel Strotbek, CFO: “70 percent of all investments flow into new models and innovative technologies” Audi Chief Technical Officer Dr. Ulrich Hackenberg: “Focus on … Read the full press release

TomTom signs new facility agreement for a €250 million revolving credit facility

Amsterdam, 23-12-2014 — /EuropaWire/ — TomTom (TOM2) today announced it has signed a new facility agreement for a €250 million revolving credit facility (the “Facility”). The Facility has a maturity date of 31 March 2018 and includes two additional one year … Read the full press release

SEB AG finanziert Kauf von Erdgas-Leitungsnetz in Deutschland

Gemeinsam mit einem Bankenkonsortium finanziert die SEB AG den Kauf der Erdgasversorgungsgesellschaft Thüringen-Sachsen mbH (EVG) mit dem dazugehörigen Erdgas-Leitungsnetz. FRANKFURT, 23-12-2014 — /EuropaWire/ — Das erstreckt sich über eine Länge von 1.168 Kilometern in den Bundesländern Thüringen, Sachsen, Sachsen-Anhalt und … Read the full press release

EY and Equistone Partners Europe sponsored research published by CMBOR reveals PE-backed IPOs remain popular exit route in 2014 with exit value at the highest since 2007

Deal activity in 2014 is up with mid-sized deal activity at the highest since 2008 Exit market performs well; exit value at the highest since 2007 at €101b Trade sales figures highest since 2011, refinancings at a record high LONDON, … Read the full press release

Snam completed the acquisition of the stake held by CDP GAS in Trans Austria Gasleitung GmbH

San Donato Milanese, 23-12-2014 — /EuropaWire/ — Snam completed today the acquisition of the stake held by CDP GAS in Trans Austria Gasleitung GmbH (TAG), approved by the Board of Directors on 12 September 2014. In compliance with Snam’s Board of … Read the full press release

Le Groupe BPCE a signé aujourd’hui un protocole d’accord avec la BEI portant sur le financement de réseaux de très haut débit en France

PARIS, 22-12-2014 — /EuropaWire/ — La BEI met en place une enveloppe de financement dédiée d’un montant total de 750 millions d’euros dont le Groupe BPCE bénéficie à hauteur de 200 millions d’euros pour financer les investissements de ses clients … Read the full press release

Prudential research: Pensioners plan to spend a total of £4.2 billion on gifts and entertaining this Christmas

• 5.8 million pensioners will host their friends and families on Christmas Day • Average retiree expects to spend nearly £400 on Christmas gifts and entertaining guests LONDON, 22-12-2014 — /EuropaWire/ — Many people will be rockin’ around the Christmas … Read the full press release

ZF Friedrichshafen AG announced it increased its sales in 2014 to more than €18 billion

Technology company increases sales in 2014 to more than €18 billion Planned acquisition of TRW Automotive and upcoming integration of the company are key topics ZF will celebrate its centennial in 2015 Stuttgart/Friedrichshafen, 19-12-2014 — /EuropaWire/ — ZF Friedrichshafen AG’s economic … Read the full press release

The President of the European Parliament Martin Schulz gave speech to the European Council on investment, tax fraud, Budget 2015 and Ukraine

BRUSSELS, 19-12-2014 — /EuropaWire/ — Speeches Internal Policies and EU Institutions Investment Plan Ladies and gentlemen, We have come together in Brussels today to discuss the Investment Plan for Europe that was launched in the European Parliament on the 26th of November. … Read the full press release

OSCE Presence in Albania, Minister Bledar Çuçi and EBRD launch new initiative to support anti-corruption measures in Albania

LONDON, 19-12-2014 — /EuropaWire/ — The OSCE Presence in Albania, in co-operation with the Minister of State for Local Issues/National Co-ordinator against Corruption, Bledar Çuçi, launched in Tirana today a new initiative to support anti-corruption measures in Albania. The € … Read the full press release