Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

BBVA’s Data Processing Center in Tres Cantos (Madrid) awarded the Tier IV Gold Certification of Operational Sustainability from the Uptime Institute

BBVA’s Data Processing Center in Tres Cantos (Madrid) has received the “Tier IV Gold” Certification of Operational Sustainability from the Uptime Institute. Only five organizations in the world have this Certification BILBAO, 7-11-2014 — /EuropaWire/ — BBVA’s Data Processing Center … Read the full press release

Transocean Ltd. announces the schedule for the payment of the third installment of its U.S. dollar-denominated dividend

ZUG, SWITZERLAND, 7-11-2014 — /EuropaWire/ — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced the schedule for the payment of the third installment of its U.S. dollar-denominated dividend. The installment is $0.75 per share, totaling approximately $272 million based upon the … Read the full press release

Liquidity Alliance to provide worldwide collateral access to ECB’s pan-European settlement platform TARGET2-Securities (T2S) as it goes live between 2015 and 2017

PRESS RELEASE OF THE LIQUIDITY ALLIANCE. MEMBERS: CLEARSTREAM (GERMANY / LUXEMBOURG), CETIP (BRAZIL), ASX (AUSTRALIA), STRATE (SOUTH AFRICA), IBERCLEAR (SPAIN). Liquidity Alliance members will have streamlined access to T2S via their Eurozone peers in Spain and Germany / Just like … Read the full press release

Chinese producer of shoe soles Fenghua SoleTech AG goes public on Frankfurt Stock Exchange with over 10 million shares offered for trade

FRANKFURT, 7-11-2014 — /EuropaWire/ — Fenghua SoleTech AG (ISIN: DE000A13SX89) has been listed in the General Standard of the Frankfurt Stock Exchange since 6 November, offering over 10 million shares for trade. The initial listing price was €10.40; the issue price … Read the full press release

The Co-operative Group completes deal to sell its Sunwin Services Group business to Cardtronics

MANCHESTER, 6-11-2014 — /EuropaWire/ — The Co-operative Group (“the Group”) announces today that it has completed the deal to sell its Sunwin Services Group business to Cardtronics for a total consideration of up to £41.5m*, payable in cash. The Sunwin Services Group … Read the full press release

CACEIS adds execution offering to its Asset Servicing platform allowing it to be the sole counterparty of management companies, banks and institutional investors

PARIS, 6-11-2014 — /EuropaWire/ — CACEIS has developed a range of services allowing it to be the sole counterparty of management companies, banks and institutional investors, from the execution of their orders to the account-keeping/custody of their assets. The Execution … Read the full press release

Zurich Insurance Group successfully closed the sale of its general insurance retail business in Russia to OLMA Group

ZURICH, 5-11-2014 — /EuropaWire/ — Zurich Insurance Group (Zurich) has successfully closed the sale of its general insurance retail business in Russia to OLMA Group. The transaction is a proof-point of Zurich’s 2014-2016 strategy to invest in priority markets, while either … Read the full press release

ING Group plans to appoint KPMG Accountants N.V. as its auditor

Amsterdam, 5-11-2014 — /EuropaWire/ — ING Group will propose to the 2015 Annual General Meeting of Shareholders the appointment of KPMG Accountants N.V. as its auditor. Under Dutch legislation, ING is required to change its auditor as of January 2016. … Read the full press release

ING notified the Dutch State for its intention to make the final repayment of EUR 1,025 million on the core Tier 1 securities on 7 November 2014

Amsterdam, 5-11-2014 — /EuropaWire/ — ING has notified the Dutch State that it intends to make the final repayment of EUR 1,025 million on the core Tier 1 securities on 7 November 2014 – half a year ahead of the … Read the full press release

E.ON to sell its 20% shareholding in the Finnish natural gas company Gasum Oy to the Finnish State

Düsseldorf, 5-11-2014 — /EuropaWire/ — E.ON has today agreed to sell its 20 percent shareholding in the Finnish natural gas company Gasum Oy to the Finnish State. Gasum Oy is engaged in the import, distribution and sale of natural gas … Read the full press release

The Royal Bank of Scotland to be accredited a Living Wage employer by the Living Wage Foundation

The commitment will see all RBS employees receive a minimum hourly wage of £7.85. EDINBURGH, 4-11-2014 — /EuropaWire/ — RBS has today revealed that it is to be accredited a Living Wage employer by the Living Wage Foundation. This follows becoming … Read the full press release

The Royal Bank of Scotland Group plc plans to appoint Ernst & Young LLP (“EY”) as external auditor with effect from the financial year ending 31 December 2016

The Royal Bank of Scotland Group plc (“RBS”) announces today its intention to appoint Ernst & Young LLP (“EY”) as external auditor with effect from the financial year ending 31 December 2016. EDINBURGH, 4-11-2014 — /EuropaWire/ — In its 2013 Annual … Read the full press release

Prudential announces that Anthony Nightingale, CMG, is to succeed Lord Turnbull as Chairman of the Remuneration Committee from May 2015

LONDON, 3-11-2014 — /EuropaWire/ — Prudential today announces that Anthony Nightingale, CMG, is to succeed Lord Turnbull as Chairman of the Remuneration Committee from May 2015. At this time, Mr Nightingale  will also join the Nomination Committee.  Mr Nightingale has … Read the full press release

BASF Venture Capital, Swiss entrepreneur Hansjörg Wyss invest in Massachusetts based SLIPS Technologies Inc to develop customized, highly-repellent slippery surfaces for materials in a broad range of applications

SLIPS Technologies Inc. launches to develop customized, highly-repellent slippery surfaces for materials in a broad range of applications Company founded by creators of the award-winning, super-slippery, super-omniphobic technology at Harvard University and the Wyss Institute Joint development agreement between BASF … Read the full press release

World’s leading chemical company BASF and leading maker of cathode materials for lithium-ion batteries form 66%/34% joint venture for cathode active materials (CAM) in Japan

Tokyo, Japan and Ludwigshafen, Germany, 3-11-2014 — /EuropaWire/ — BASF, the world’s leading chemical company, and TODA KOGYO CORP., an industry leader in the development and manufacture of cathode materials for lithium-ion batteries, have agreed to form a joint venture for cathode … Read the full press release

Lloyds Bank research: The number of property sales worth at least a million pounds is at a record high

46% increase in million pound property sales from H1 2013 Premium property sales out-perform under £1m market* LONDON, 3-11-2014 — /EuropaWire/ — The number of property sales worth at least a million pounds is at a record high, according to … Read the full press release

Deutsche Bank secures additional USD 12 million financing from private sector investors for the Microfinance Enhancement Facility

Frankfurt am Main / Luxembourg, 31-10-2014 — /EuropaWire/ — Deutsche Bank has successfully secured additional USD 12 million financing from private sector investors for the Microfinance Enhancement Facility (MEF). This will enable MEF to grant up to 3,300 additional loans to micro … Read the full press release

Deutsche Bank appoints Bryan Kraft as Director and lead U.S. media, cable and satellite research analyst

NEW YORK, 31-10-2014 — /EuropaWire/ — Deutsche Bank today announced that Bryan Kraft has joined as a Director and lead research analyst covering the United States media, cable and satellite sectors within the Bank’s Markets division. He is based in … Read the full press release

BNP Paribas Wealth Management honoured at the 2014 Global Private Banking Awards and at the 24th Private Banker International Global Wealth Summit & Awards

PARIS, 31-10-2014 — /EuropaWire/ — BNP Paribas Wealth Management has been given high distinction at the 2014 Global Private Banking Awards organised by the Financial Times Group (Professional Wealth Management /The Banker magazine) in Geneva and at the 24th Private … Read the full press release

BNP Paribas announces the appointment of Claudia Belli-Jeanteur as Head of Social Business and Microfinance

Claudia Belli-Jeanteur has been appointed Head of Social Business (Social Entrepreneurship) and Microfinance at BNP Paribas. PARIS, 31-10-2014 — /EuropaWire/ — As Head of Social Business and Microfinance, Claudia Belli-Jeanteur will be in charge of meeting the rapidly-expanding needs of … Read the full press release