Amsterdam, Netherlands, 27-12-2013 — /EuropaWire/ — ING announced today that it has completed the divestment of ING Life Korea to MBK Partners, a Korean private equity firm, for a total purchase price of approximately EUR 1.27 billion. In line with the … Read the full press release
Posted in Business, Financial, Insurance, Investment, Netherlands
Tagged divestment, ING, ING Life Korea, MBK Partners, Raymond Vermeulen, South Korea
Moscow, Russia, 26-12-2013 — /EuropaWire/ — On December 20, 2013 a Russian 100% subsidiary of Rosneft Oil Company and Morgan Stanley signed a binding agreement to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division. Financial terms of the … Read the full press release
Moscow, Russia, 26-12-2013 — /EuropaWire/ — Rosneft announces that it signed an agreement with NOVATEK to swap assets. 40% of shares in Artic Russia B.V. held by Rosneft will be swapped for 51% shares in Sibneftegas held by NOVATEK. The transaction … Read the full press release
Moscow, Russia, 26-12-2013 — /EuropaWire/ — Rosneft announces it repaid part of a loan obtained earlier from a group of international banks to finance the acquisition of TNK-BP. With the early repayment announced earlier, the overall amount paid towards the settlement … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Investment, Russia
Tagged early repayment, Igor Sechin, loan, Rosneft, ТNК-ВР Acquisition
A record £31.9 billion to be spent on debit cards and a further £14.9 billion of cash withdrawn from ATMs The busiest day for ATM withdrawals is predicted to be Friday 20th December, with over £1 billion being dispensed that … Read the full press release
Edinburgh, Scotland, 23-12-2013 — /EuropaWire/ — RBS has today announced the appointment of Rory Cullinan, currently Chief Executive of the bank’s Non-Core Division, to lead the newly created Capital Resolution Group (CRG). The CRG, which is effective from 1 January 2014, … Read the full press release
Paris, France, 23-12-2013 — /EuropaWire/ — Societe Generale announces the appointment of Dominique Bourrinet as Group General Counsel with effect from January 1st2014. Dominique Bourrinet, who was Group Deputy General Counsel since October 1st after working as General Counsel for Corporate and Investment … Read the full press release
Posted in Banks, Business, Financial, France, Law, Management
Tagged appointed, Dominique Bourrinet, Gerard Gardella, Group General Counsel, SOCIÉTÉ GÉNÉRALE
Luxembourg, 20-12-2013 — /EuropaWire/ — ArcelorMittal today announces its financial calendar for 2014. Earnings results announcements: 7 February 2014 Earnings Release Q4 2013 + FY 2013 9 May 2014 Earnings Release Q1 2014 1 August 2014 Earnings Release Q2 2014 7 November … Read the full press release
Posted in Business, Financial, Industrial, Investment, Luxembourg, Metals and Minerals
Tagged 2014 financial calendar, ArcelorMittal, ArcelorMittal financial calendar 2014, Earnings Release, financial calendar, General Meeting of Shareholders, Group Management Board, mining, Ordinary Meeting of Shareholders, STEEL
London, UK, 19-12-2013 — /EuropaWire/ — Aviva announces that it is making an immediate allocation of £500 million to invest in UK infrastructure projects. This commitment is a direct result of the recent agreement on Solvency II, the European wide insurance regulation, … Read the full press release
Posted in Business, Financial, Infrastructure & Utilities, Insurance, Investment, United Kingdom
Tagged Aviva, debt financing, European wide insurance regulation, hospitals, infrastructure, infrastructure assets, infrastructure investments, insurers, INVEST, Mark Wilson, Sajid Javid MP, SCHOOLS, Solvency II, TRANSPORT, UK infrastructure projects, utilities
Paris, France, 19-12-2013 — /EuropaWire/ — CACEIS is Pioneer Investment’s asset servicing provider of choice for the launch of its first French law fund, the Neuflize High Yield International 2018, managed as part of an exclusive partnership with Banque Neuflize OBC. CACEIS … Read the full press release
Paris, France, 18-12-2013 — /EuropaWire/ — German investment manager, Buss Capital GmbH & Co. KG, has selected CACEIS to provide depositary services for its funds managed under the new KAGB regime. Based in Hamburg, Buss Capital is the market leader for … Read the full press release
Posted in Banks, Business, Financial, France, Germany, Investment, Transportation & Logistics
Tagged AIFMD-compliant depositary, Buss Capital GmbH & Co. KG, CACEIS, closed-end shipping container funds, depositary services, Dr. Dirk Baldeweg, Dr. Holger Sepp, German investment manager, Hamburg, KAGB regime, mutual funds
London, UK, 18-12-2013 — /EuropaWire/ — Hong Kong Exchanges and Clearing Limited (HKEx) and the London Metal Exchange (LME) are pleased to announce the formation of the Board of LME Clear, the LME’s self-clearing platform currently in development. LME Clear is on … Read the full press release
Posted in Business, Commodities, Financial, Investment, Management, United Kingdom
Tagged Gerald Greiner, HKEx, Hong Kong Exchanges and Clearing Limited, John Harrison, LME, LME Clear, LME Clear Board, LME’s self-clearing platform, London Metal Exchange, Marco Strimer, Marye Humphery, Nat le Roux, Richard Thornhill, Trevor Spanner
Frankfurt am Main, Germany, 17-12-2013 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) notes the announcements made today by the European Banking Authority (EBA), the German Federal Financial Supervisory Authority (BaFin) and Deutsche Bundesbank regarding the information of the EU-wide Transparency … Read the full press release
Posted in Banks, Business, European Union, Financial, Germany, Government
Tagged BaFin, capital, credit risk, Deutsche Bank, Deutsche Bundesbank, EBA, EU-wide Transparency Exercise 2013, European Banking Authority, Exposures to sovereigns, German Federal Financial Supervisory Authority, Market Risk, Risk-weighted Assets (RWA), Securitisation Summary
Production program of more than 1.49 million vehicles Plants running at high capacity utilization also in 2013, special shifts year-round Andreas Renschler: “With this production record, Mercedes-Benz is setting yet another benchmark. This attests to the good customer response to … Read the full press release
Posted in Automotive, Business, Financial, Germany
Tagged Andreas Renschler, Daimler AG, Mercedes-Benz, production record
A partnership which commits the private sector to Disaster Risk Reduction (DRR) 52 signatories from various sectors Paris, France, 17-12-2013 — /EuropaWire/ — In the presence of Ms. Margareta Wahlström, United Nations Secretary General’s Special Representative for Disaster Risk Reduction and Head … Read the full press release
Posted in Business, Financial, France, Insurance, Management
Tagged AXA, Cyrille de Montgolfier, disaster prevention, disaster risk reduction, Henri de Castries, Margareta Wahlström, Risk Reduction, UN Office for Disaster Risk Reduction, UNISDR, UNISDR Private Sector Commitment for Disaster Risk Reduction
4.7 percent* increase from January to November 828,600 vehicles delivered in November / +4.3 percent* Group Board Member for Sales Christian Klingler: “Deliveries in November developed well. Challenges remain.” Wolfsburg, Germany, 17-12-2013 — /EuropaWire/ — Worldwide deliveries by the Volkswagen Group grew … Read the full press release
London, UK, 16-12-2013 — /EuropaWire/ — Borough funding is protected through Transport for London’s savings and efficiencies programme. Unprecedented levels of investment as part of wider Transport for London (TfL) funding for roads and cycling. The Mayor of London, Boris Johnson, … Read the full press release
Posted in Financial, Government, Infrastructure & Utilities, Investment, Transportation & Logistics, United Kingdom
Tagged Boris Johnson, cycling, funding, Local Implementation Fund, London, London Highways Alliance Contracts, roads, Sir Peter Hendy CBE, The Mayor of London, Transport for London (TfL)
Brussels, Belgium, 16-12-2013 — /EuropaWire/ — On 11 December, the EESC plenary session backed the Commission’s proposals on card-based payments, but wants EU citizens to be able to make basic electronic payments cheaply and easily over the internet, both nationally and across borders. Debit … Read the full press release
Prior to the unveiling of the new €10 in January 2014, European Union residents can discover the note’s security features in a competition to be launched today. 20 high-scoring players will win €5 VIP banknotes from the Europa series personally … Read the full press release
Frankfurt, Germany, 16-12-2013 — /EuropaWire/ — National Bank of Serbia, the European Union (EU) Delegation to Serbia and the European Central Bank (ECB) today celebrated the completion of an extensive cooperation agreement with the National Bank of Serbia (NBS) to help the … Read the full press release
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