Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

ECB and Republic of Macedonia National Bank complete EU-funded cooperation programme

11-7-2013 — /europawire.eu/ — The European Central Bank (ECB) and the National Bank of the Republic of Macedonia (NBRM) today completed a cooperation programme aimed at helping the NBRM to advance its preparations for joining the European System of Central Banks … Read the full press release

EIB president Werner Hoyer stresses importance of rapid decision on external lending mandate

11-7-2013 — /europawire.eu/ — The President of the European Investment Bank (EIB), Werner Hoyer, attended a hearing by the European Parliament´s Development Committee on Monday 8 July, to discuss the activities of the EIB in developing countries. During the meeting he … Read the full press release

Barclays Head of Manufacturing Mike Rigby comments on today’s ONS Index of Production figures

Mike Rigby, Head of Manufacturing at Barclays comments on today’s ONS Index of Production figures 10-7-2013 — /europawire.eu/ — “Today’s figures feel a little out of kilter with other industry data and what our manufacturing clients are telling us. Our clients … Read the full press release

Zurich Insurance Group sponsored PGA Seniors Open in Bad Ragaz Switzerland

Zurich, 10-7-2013 — /europawire.eu/ — Zurich Insurance Group (Zurich) is pleased to be supporting the PGA Seniors Open in Bad Ragaz for the ninth time as one of the co-sponsors. The tournament, which brings together the world’s elite professional golfers, is … Read the full press release

Dexia Crédit Local successfully executed EUR 1.5 billion inaugural government guaranteed transaction

10-7-2013 — /europawire.eu/ — Following a one-week pan-European roadshow, Dexia decided to take advantage of improved market conditions to execute its inaugural senior unsecured government guaranteed transaction. On 2 July 2013, Dexia Credit Local successfully executed a 3 year issue under … Read the full press release

Fiat S.p.A. announced pricing of its € 850M in guaranteed 6.75% Senior Notes due October 2019

Turin, 10-7-2013 — /europawire.eu/ — Following Fiat S.p.A.’s announcement earlier today of its launch of a benchmark note issuance denominated in Euro, Fiat S.p.A. confirms that the offering will be of € 850 million in principal amount of 6.75% Senior Notes due October … Read the full press release

PSA Peugeot Citroën announced it sold 1,461,000 units worldwide in H1 2013

First-Half 2013 Highlights 1,461,000 units sold worldwide. Market share in Europe1 at 12.2%. 41% of sales outside Europe, an increase of 7 points. Strong sales growth in China, Argentina and Algeria. Solid performance from recent launches (Peugeot 208, 301 and 2008 … Read the full press release

AUDI AG announced best H1 2013 sales in company history

Around 780,500 deliveries worldwide from January through June – up 6.4 percent Sales chief Luca de Meo: “New A3 and SUV models strongest growth drivers  for Audi at present” Launch of the A3 Sedan in September set to further strengthen business … Read the full press release

Volkswagen Passenger Cars brand announced it delivered 2.91 million vehicles in H1 2013

9-7-2013 — /europawire.eu/ — The Volkswagen Passenger Cars brand delivered 2.91 (January-June 2012: 2.79; +4.4 percent) million vehicles worldwide in the first half of the year. The brand handed over 501,000 (June 2012: 498,600; +0.5 percent) vehicles to customers in the … Read the full press release

Munich Re Chief Risk Officer Joachim Oechslin joins Credit Suisse Executive Board

Munich, 9-7-2013 — /europawire.eu/ — Joachim Oechslin, Chief Risk Officer of Munich Re, will join the Executive Board of the Credit Suisse Group with effect from 1 January 2014. A decision regarding Joachim Oechslin’s successor is to be taken within the next … Read the full press release

Munich Re reports floods dominated natural catastrophe statistics for H1 2013

Munich,  9-7-2013 — /europawire.eu/ — Floods causing billions of dollars in losses dominate the natural catastrophe statistics for the first half-year 2013. Around 47% of the overall losses and 45% of the insured losses derived from inland flooding that occurred … Read the full press release

BMW Group reports highest sales ever in H1 2013

Sales increase by 6.0% to 954,521 vehicles in the first half year 184,489 Group vehicles delivered in June, an increase of 6.9% Robertson: Headwinds prevail in some European markets  Munich, 9-7-2013 — /europawire.eu/ — BMW Group achieved its highest sales for … Read the full press release

ECB President Mario Draghi to Economic and Monetary Affairs Committee MEPs: Low interest rates will drive recovery

9-7-2013 — /europawire.eu/ — The reasons for the ECB’s low long-term interest rate announcement last week, ways to boost lending to small firms and efforts to reduce the fragmentation of financial markets in the EU were among the issues debated with … Read the full press release

Le Groupe BPCE et le Groupe Banque Centrale Populaire au Maroc renforcent leur partenariat commercial

9-7-2013 — /europawire.eu/ — François Pérol, président du directoire du Groupe BPCE et Mohamed Benchaaboun, président directeur général de la Banque Centrale Populaire du Maroc, ont signé un accord pour le développement d’une offre bancaire commune destinée aux Marocains du Monde … Read the full press release

Susan Skerritt appointed Regional Head Americas for Global Transaction Banking at Deutsche Bank

9-7-2013 — /europawire.eu/ — Deutsche Bank today announced that Susan Skerritt will join as Regional Head Americas for its Global Transaction Banking division. Skerritt will report to Werner Steinmueller, Head of Global Transaction Banking and member of Deutsche Bank’s Group Executive … Read the full press release

Royal Caribbean International’s first Quantum Class cruise ship will feature MacGregor crane and viewing gondola

8-7-2013 — /europawire.eu/ — MacGregor has won the contract to deliver North Star, an engineering marvel that takes guests to new heights with a jewel-shaped, glass capsule, transporting them on a spectacular journey more than 91 m (300 feet) above the … Read the full press release

ThyssenKrupp Metallurgical Products GmbH acquired New York metal commodity trading company BenMet

Expansion of activities in North and South America, widening of product portfolio 8-7-2013 — /europawire.eu/ — ThyssenKrupp Metallurgical Products GmbH, Essen, has acquired the business of metal commodity trading company BenMet NY, headquartered in New York, effective July 1, 2013. The … Read the full press release

EIB provides EUR 570 million loan to power grid management company Terna Italy

Rome, 8-7-2013 — /europawire.eu/ — The EUR 570 million finance contract signed today in Rome between the European Investment Bank (EIB) and Terna, Italy’s power grid management company, is focused on investment in southern Italy. The EIB was represented at the signing … Read the full press release

Deutsche Bank’s Hedge Fund Consulting Group survey highlights greater investor emphasis on Hedge Fund operational due diligence

8-7-2013 — /europawire.eu/ — Deutsche Bank today identified the changing regulatory environment as the most significant factor driving the growing importance of operational due diligence amongst hedge fund investors. Deutsche Bank’s Hedge Fund Consulting Group’s second annual operational due diligence survey, … Read the full press release

59.33% of Repsol shareholders opt to receive the dividend in shares

8-7-2013 — /europawire.eu/ — A total of 59.33% of Repsol shareholders have opted to receive the complementary dividend on the results of the 2012 financial year in shares. Through this payment system, shareholders can choose between receiving newly-issued company stock or … Read the full press release