Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Banco Sabadell first bank in Spain to sign with Europe’s largest derivatives exchange the German clearing house Eurex

24-7-2013 — /EuropaWire/ — Banco Sabadell has become the first Spanish bank to sign up with the German clearing house Eurex, the largest derivatives exchange in Europe. With this move, the bank is one step ahead of the entry into force … Read the full press release

Deutsche Börse announced DAX ex Financials 30 Index licensed to Deka Investment to underlie an exchange-traded fund (ETF)

24-7-2013 — /EuropaWire/ — Deutsche Börse today announced that the DAX ex Financials 30 Index has been licensed to Deka Investment to underlie an exchange-traded fund (ETF). The Deka DAX ex Financials 30 UCITS ETF is tradable on Xetra as of … Read the full press release

International derivatives market Eurex Exchange to launch options on futures based on notional long-term bonds issued by the French Republic

24-7-2013 — /EuropaWire/ — With effect from 10 September, the international derivatives market Eurex Exchange will launch options on futures that are based on notional long-term bonds issued by the French Republic (“Obligations Assimilables du Trésor” – OAT) with a notional … Read the full press release

Lloyds Banking Group’s retail banking business in Spain now part of Banco Sabadell

24-7-2013 — /EuropaWire/ — As of today (07/08/2013), Banco Sabadell is responsible for the retail banking business of Lloyds Banking Group in Spain, until now part of Lloyds Bank International S.A.U. and Lloyds Investment Bank España SGIIC S.A.U. This transaction, announced … Read the full press release

Credit insurer Atradius released report on what can make or break export ventures to Mexico

Amsterdam, 24-7-2013 — /EuropaWire/ — As economic problems persist throughout much of the industrialised world, a report published this week gives exporters an insight into how they can profit by setting their sights on the many opportunities of trading with Mexico. … Read the full press release

Romande Energie Holding SA and Holdigaz SA announced cross-shareholding deal

Romande Energie Holding SA (REH) has ceded treasury shares equivalent to 2.5% of share capital to Holdigaz SA and, at the same time, acquired a 2.5% interest in Holdigaz SA, equally through shares held in treasury. This cross-shareholding is indicative … Read the full press release

Alpiq announced it divested its shareholding in Romande Energie Holding SA

23-7-2013 — /EuropaWire/ — Following a cross-shareholding agreement between Romande Energie Holding SA (hereinafter referred to as REH, securities number: HREN, ISIN: CH0025607331) and Holdigaz SA, REH yesterday exercised the remaining call option to repurchase its own shares. Alpiq will thus … Read the full press release

The Basel Committee on Banking Supervision issued consultative document on the Liquidity coverage ratio disclosure standards

23-7-2013 — /EuropaWire/ — The Basel Committee on Banking Supervision has today issued for consultation Liquidity coverage ratio disclosure standards. Following the publication of the LCR standard in January 2013, the Basel Committee indicated its intention to develop associated disclosure standards. Public disclosure improves … Read the full press release

Nordea Q2 2013 Results: strengthened customer relations, flat costs and higher capital

23-7-2013 — /EuropaWire/ — CEO Christian Clausen’s comments on the results: “In the uncertain macroeconomic environment, we continue to deliver on our plan on income initiatives, cost efficiency and improved capital position. In the second quarter, 23,000 new relationship customers were … Read the full press release

TeliaSonera AB released its Interim Report for January-June 2013

23-7-2013 — /EuropaWire/ — Positive organic sales growth and higher margin Second quarter summary Net sales in local currencies, excluding acquisitions and disposals, increased 0.4 percent. In reported currency, net sales decreased 3.9 percent to SEK 25,274 million (26,294). The addressable … Read the full press release

Netherlands largest insurance company Achmea and National Federation of Christian Trade Unions to cooperate on personal legal assistance services and non-life insurance

Zeist, 23-7-2013 — /EuropaWire/ — The CNV (National Federation of Christian Trade Unions in the Netherlands) and Achmea, the largest insurance company of the Netherlands, recently signed a declaration of intent to cooperate on providing personal legal assistance services and … Read the full press release

TÜV Rheinland AG subsidiary in Hungary TÜV Rheinland Intercert Kft. acquired 100% of Minell Quality Control and Services Ltd

23-7-2013 — /EuropaWire/ — TÜV Rheinland Intercert Kft., a subsidiary of TÜV Rheinland AG in Hungary, has acquired 100 percent of Minell Quality Control and Services Ltd. The company provides services in the area of non-destructive testing for industrial clients particularly … Read the full press release

HDI Versicherung AG: Internationale Anerkennung für HDI Geschäftsbericht

23-7-2013 — /EuropaWire/ — Dass HDI nicht nur bei Versicherungsangeboten für ausgezeichnete Leistung steht, zeigt die Verleihung der internationalen LACP Vision Awards. Bereits zum vierten Mal wurde der HDI Geschäftsbericht bei dieser renommierten Veranstaltung ausgezeichnet. Über 6.000 Einreichungen aus mehr als … Read the full press release

Telenor Group reported NOK 25.7 billion of revenues in Q2 2013, growth of 2%

23-7-2013 — /EuropaWire/ — In the second quarter of 2013, Telenor Group reported revenues of NOK 25.7 billion, representing an organic revenue growth of 2%. EBITDA before other items was NOK 8.86 billion, EBITDA margin was 34%, and operating cash flow … Read the full press release

Vivendi, Etisalat into exclusive negotiations for the sale of Vivendi ‘s 53% shareholding in Maroc Telecom

23-7-2013 — /EuropaWire/ — Vivendi has entered into exclusive negotiations with Etisalat to finalize an agreement for the sale of its 53% shareholding in Maroc Telecom. Etisalat’s offer values the controlling stake at 92.6 Moroccan dirhams per share. The sale proceeds … Read the full press release

Global telecom operator VimpelCom Ltd announced it plans to publish its operating and financial results for the Q2 of 2013 on August 7, 2013

Amsterdam, 22-7-2013 — /EuropaWire/ — “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NYSE:VIP), a leading global provider of telecommunications services, today announces that it plans to publish its operating and financial results for the second quarter of 2013 on August 7, 2013, … Read the full press release

Disclosure: Shareholding of Harris Associates L.P. in Holcim Ltd exceeds the Swiss Stock Exchange Act threshold of 3 percent

22-7-2013 — /EuropaWire/ — In accordance with Article 20 of the Federal Act on Stock Exchanges and Securities Trading (Stock Exchange Act), Holcim Ltd was informed on July 19, 2013, by Harris Associates L.P. that it holds, through acquisition of shares, … Read the full press release

Savills-advised Commerz Real AG confirmed the sale of The Lloyds Building to Chinese insurance company

22-7-2013 — /EuropaWire/ — A German Closed End Fund managed by Commerz Real, advised by Savills and CBRE, has confirmed the sale of The Lloyds Building at One Lime Street, London EC3 to China’s leading insurance company, for £260 million reflecting … Read the full press release

Trade credit insurance provider Euler Hermes added Excess of Loss (XoL) underwriting New York team to its U.S. insurance services

22-7-2013 — /EuropaWire/ — Euler Hermes, the world’s leading provider of trade credit insurance, will expand its U.S. services with the addition of a specialist Excess of Loss (XoL) underwriting team based in New York. Euler Hermes’ XoL solution provides large … Read the full press release