Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Banca Monte dei Paschi announces Deputy Chairman Marco Turchi and director Paola Demartini expressed willingness to resign

SIENA, 12-9-2014 — /EuropaWire/ — Banca Monte dei Paschi announces that in the course of today’s Board of Directors meeting, the Deputy Chairman Marco Turchi and director Paola Demartini expressed their willingness to resign so that the agreement entered into … Read the full press release

Lagardère successfully launches €500m 5-year bond issue with an annual coupon of 2%

PARIS, 12-9-2014 — /EuropaWire/ — Lagardère successfully launched today a €500m, 5-year (due in September 2019) bond issue, with an annual coupon of 2%. The order book reached an amount of €1.5bn, 3 times oversubscribed. The success of the launch … Read the full press release

Telenor Group opens its first wholly-owned financial institution Telenor banka in Serbia

Fornebu, Norway, 10-9-2014 — /EuropaWire/ — Today’s opening of Telenor Group’s first wholly-owned financial institution Telenor banka in Serbia provides customers with innovative mobile banking services and represents a milestone in the company’s development of online financial services and mobile banking in … Read the full press release

Bpifrance and Euler Hermes to offer French companies new short-term financing solution known as AVANCE+EXPORT to help companies further diversify internationally

PARIS, 10-9-2014 — /EuropaWire/ — Bpifrance and Euler Hermes, the global leader in credit insurance, signed a partnership agreement to offer French companies a new short-term financing solution known as AVANCE+EXPORT, which involves the assignment of export receivables and helps … Read the full press release

Finnvera issued USD 500 million five year fixed rate bond on 9th September 2014

Helsinki, 10-9-2014 — /EuropaWire/ — Finnvera issued on 9th September 2014 a USD 500 million five year fixed rate bond. The bond was issued under Finnvera’s EMTN (Euro Medium Term Note) programme. Finnvera’s EMTN programme and notes issued under it are … Read the full press release

KfW and BMUB’s “Age-appropriate Conversion” programme turns five

Promotional funds have helped convert 134,000 residential units to meet senior citizens’ needs since the programme’s launch Commitments more than doubled in 2013 Need for barrier-free homes remains high Frankfurt, Germany, 9-9-2014 — /EuropaWire/ — For the last five years, KfW … Read the full press release

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH to provide EUR 17m long-term loan to Promotora de Viviendas Integrales, S.A. de C.V. for green housing construction in Mexico

Loan of EUR 17m in local currency to medium-sized property developer Affordable low- and middle-income housing Cologne, Germany, 9-9-2014 — /EuropaWire/ — In the rapidly growing cities in developing and emerging-market countries housing is scarce and construction activities are often … Read the full press release

Genworth: Tougher regulation and higher capital requirements for lenders accelerated the fall in homeownership

Unprecedented collapse in the number of people able to buy their first home as tougher regulation and greater capital requirements since 2007 take their toll Even with Help to Buy, first time buyer numbers in 2014 will fall 41% short … Read the full press release

Vnesheconombank and the Development Bank of Mongolia to fund supplies of Russian products and services to Mongolia

Moscow, Russia, 5-9-2014 — /EuropaWire/ — In the course of Russian President Vladimir Putin’s formal visit to Mongolia, Vnesheconombank and the Development Bank of Mongolia signed an Agreement of Intent. On behalf of Vnesheconombank, the Agreement was signed by Deputy … Read the full press release

Oberthur Technologies completes the acquisition of NagraID Security

PARIS, 4-9-2014 — /EuropaWire/ — Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, today announced that it has completed its acquisition of NagraID Security. Founded in 2008 by Philippe Guillaud and Cyril Lalo and located … Read the full press release

Oberthur Technologies announces the extension and the strengthening of the partnership with Switzerland’s leading card processor SIX Payment Services

PARIS, 4-9-2014 — /EuropaWire/ — Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, today announced the extension and the strengthening of the partnership started in 2010 with SIX Payment Services, Switzerland’s leading card processor. OT … Read the full press release

Hypothekenpfandbrief der pbb stark überzeichnet

Platzierung ohne Aufschlag gegenüber Referenzkurs am Swap-Markt München, 3-9-2014 — /EuropaWire/ — Die pbb Deutsche Pfandbriefbank hat am Dienstag erfolgreich einen Hypothekenpfandbrief mit einer Laufzeit von drei Jahren emittiert. Die Emission im Benchmarkformat von 500 Mio. € war mehr als dreifach … Read the full press release

EY’s 2013 European PE exits study: Private equity continues to outperform public markets in Europe

The gradual economic improvement in Europe, increasingly liquid debt markets and stronger IPO market conditions supported an increase in exit activity of PE-backed businesses in 2013, according to EY’s ninth annual European PE exits study published today. Last year saw … Read the full press release

Global strategy consultancy The Parthenon Group joins EY

The global EY organization announced today that The Parthenon Group—a global strategy consultancy with 300 professionals in offices in Boston, London, Mumbai, San Francisco, Shanghai and Singapore—has joined EY. NEW YORK, 3-9-2014 — /EuropaWire/ — The deal brings together EY’s market leading … Read the full press release

CaixaBank to acquire the retail, wealth management and corporate banking businesses of Barclays Bank in Spain for EUR 800 million

• CaixaBank and Barclays Bank PLC have agreed the sale of Barclays Bank SAU, which includes the retail, wealth management and corporate banking businesses of the British bank in Spain. • As a result of this transaction, CaixaBank will consolidate … Read the full press release

HSBC offers new range of low-rate remortgage products with no up-front fees from 1st September 2014

No up-front booking or standard valuation fee A competitive range of 2, 3 & 5 year fixed rates Access to free standard legal fees for all remortgages LONDON, 2-9-2014 — /EuropaWire/ — From 1st September 2014, HSBC is offering a new range … Read the full press release

Deutsche Börse: Order book turnover on Xetra, the Frankfurt Stock Exchange and Tradegate stood at €94.3 billion in August

Frankfurt, 2-9-2014 — /EuropaWire/ — Order book turnover on Xetra, the Frankfurt Stock Exchange and Tradegate stood at €94.3 billion in August (August 2013: €84.6 billion). Of the €94.3 billion, €87.0 billion were attributable to Xetra (August 2013: €76.8 billion). €3.8 billion … Read the full press release

Two new active ETFs and two new equity index ETFs issued by Source introduced in the XTF segment on Xetra

Frankfurt, 2-9-2014 — /EuropaWire/ — Two new active ETFs and two new equity index ETFs issued by Source have been tradable in the XTF segment on Xetra since Monday. ETF name: Source Man GLG Asia Plus ETF Asset class: active ETF – … Read the full press release

Eurex Group’s international derivatives markets recorded average daily volume of 7.0 million contracts in August 2014

Frankfurt am Main, 2-9-2014 — /EuropaWire/ — In August 2014, the international derivatives markets of Eurex Group recorded an average daily volume of 7.0 million contracts (August 2013: 6.6 million). Of those, 4.8 million were Eurex Exchange contracts (August 2013: 4.5 million), … Read the full press release

first direct reduces all fixed rate mortgages in its range

New market leading 5 year fixed and 2 year tracker rates at 65% LTV plus borrowing costs reduced for 90% LTV mortgages Leeds, England, 2-9-2014 — /EuropaWire/ — From Monday 1 September, first direct is reducing all fixed rate mortgages in its range as well as … Read the full press release