Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Bank of Scotland PMI report for May 2014 signals easing of private sector growth

Compiled by Markit for Bank of Scotland, this report is based on data compiled from monthly replies to questionnaires sent to purchasing executives in around 600 private manufacturing and service sector companies. The panel is carefully selected to accurately replicate … Read the full press release

Atos acquired Swiss IT consulting firm Cambridge Technology Partners

Zurich, 12-6-2014 — /EuropaWire/ — Atos, an IT services company, today announced it has acquired Cambridge Technology Partners (Cambridge), a leading IT consulting firm in the Swiss market. With 300 employees, the acquisition will accelerate the growth of Atos and strengthen its … Read the full press release

Abertis divests its 5.01% stake in European satellite operator Eutelsat for 275 million euros

Barcelona, 12-6-2014 — /EuropaWire/ — Abertis has completed today a process of accelerated placement with qualified investors a 5.01% stake of Eutelsat, the whole stake that Abertis still controlled in the European satellite operator. The placement, managed by UBS Limited and … Read the full press release

Experian Data Breach Resolution joins the Medical Identity Fraud Alliance (MIFA) as a Founding Member

As Experian continues to serve a high volume of healthcare clients, it supports industry dialogue on topic of identity theft and fraud Costa Mesa, Calif., 10-6-2014 — /EuropaWire/ — Experian Data Breach Resolution, a leader in helping businesses plan for and … Read the full press release

Experian report: Homebuyers severely overestimate their ability to repay their mortgage

Homebuyers underestimate mortgage payments by £500 per month London, 10-6-2014 — /EuropaWire/ — Homebuyers are severely overestimating their ability to repay their mortgage and could see their finances stretched to breaking point in the event of an interest rate rise, according … Read the full press release

Henkel AG & Co. KGaA to acquire all shares in Spotless Group SAS for 940 million euros

Henkel strengthens its successful Laundry & Home Care business Strengthen leading position in core region Western Europe Highly complementary market segments and technologies Acquisition of strong brands and leading technologies Profitable businesses with laundry aids, insect control and household care … Read the full press release

Banco de España to create new Division for supervision of information transparency and the market conduct of banks

Madrid, 10-6-2014 — /EuropaWire/ — The Executive Commission of the Banco de España has decided, at its meeting today, to restructure the Market Conduct and Claims Department, with the creation of a new Division for the Oversight of Institutions’ Conduct and, within this Division, … Read the full press release

Banca Monte dei Paschi di Siena S.p.A. to dispose non performing loans portfolio to securitization vehicle financed by Fortress Investment Group LLC affiliates

SIENA, 10-6-2014 — /EuropaWire/ — Banca Monte dei Paschi di Siena S.p.A. (“BMPS”) signed yesterday a binding agreement for the disposal pro soluto of a non performing loans portfolio to a securitization vehicle financed by affiliates of Fortress Investment Group LLC. … Read the full press release

Veolia sells 65% stake in Marius Pedersen Group to Entreprenør Marius Pedersens Fond for €240 million

PARIS, 9-6-2014 — /EuropaWire/ — Veolia has signed an agreement with Entreprenør Marius Pedersens Fond (Marius Pedersen Foundation) for the sale of its 65% stake in Marius Pedersen Group, which provides solid waste management services in Denmark, the Czech Republic and … Read the full press release

Liberbank Extiende Al Resto De Su Red Comercial El Sistema De Atención Al Cliente Puesto En Marcha En Caja De Extremadura Basado En Reducir Los Tiempos De Espera En Sus Oficinas

La metodología ha sido pionera e incorpora distintos avances tecnológicos, todo ello con el objetivo de aumentar la calidad del servicio que se presta en las oficinas Se incrementa la eficiencia operativa mediante la dotación de dispositivos automáticos con nuevas … Read the full press release

Mads G. Jakobsen to succeed Peter Nyegaard as new Country Senior Executive of Nordea in Denmark

Copenhagen, Helsinki, Oslo, Stockholm, 6-6-2014 — /EuropaWire/ — Peter Nyegaard, member of Group Executive Management, Chief Operating Officer of Wholesale Banking and Country Senior Executive in Denmark, has decided to leave Nordea. – It has been a privilege to be part … Read the full press release

Groupe BPCE names Catherine Colonna as independent member of its supervisory board

Paris, France, 6-6-2014 — /EuropaWire/ — Catherine Colonna, a managing partner of the Paris office of Brunswick Group, has been appointed an independent member of the Supervisory Board of Groupe BPCE succeeding Laurence Danon. She is member of the Appointments and Remuneration Committee … Read the full press release

MAPFRE consolida su posición como sexta entidad europea en seguro No Vida en 2013

Los ingresos por primas de los mayores grupos aseguradores en este segmento permanecen estables, según el Ranking de FUNDACIÓN MAPFRE MADRID, 5-6-2014 — /EuropaWire/ — Los ingresos por primas de los 10 mayores grupos aseguradores europeos No Vida permanecieron estables en … Read the full press release

CESVIMAP vuelve a apostar por la formación profesional con una donación a un Instituto de Educación Secundaria

MADRID, 5-6-2014 — /EuropaWire/ — El Centro de Experimentación y Seguridad Vial MAPFRE (CESVIMAP) ha vuelto a realizar una importante donación al Instituto de Educación Secundaria (IES) Adaja de Arévalo. En este caso, se trata de un gran número de … Read the full press release

KfW Group announces the winners of its 12th annual KfW Award for Construction and Housing in Berlin

Motto: “Row House Renaissance” Ten prizes with a total value of EUR 30,000 Winners from Berlin, Schleswig-Holstein, Baden-Wuerttemberg, Hesse, Rhineland-Palatinate, Saxony, North Rhine-Westphalia and Lower Saxony BERLIN, 04-6-2014 — /EuropaWire/ — The KfW Group has presented the 12th annual KfW Award … Read the full press release

AXA Real Estate announced the launch of €350M Italian regulated fund and acquisition of office building U10 in Milan for €44.5M

Initial investment for the new fund completed with the €44.5 million acquisition of a Grade A office building in Milan PARIS, 03-6-2014 — /EuropaWire/ — AXA Real Estate Investment Managers SGR, an affiliate of AXA Real Estate Investment Managers (“AXA Real … Read the full press release

Vnesheconombank co-funds advanced high-technology cement plant in Russia’s Penza region

Penza, Russia, 02-6-2014 — /EuropaWire/ — A ceremony to open an advanced high-technology plant built with Vnesheconombank’s financial assistance with a capacity of 1.8 million tons of cement per yearwas held in the Nikolsk district of the Penza region. In the attendance … Read the full press release

PwC Mobile Innovations Forecast report: Evolution of Contextual Intelligence Expected to Lead to New Contextual Mobile Ecosystem

New York, 30-5-2014 — /EuropaWire/ — Mobile is driving innovation that links a user’s contextual situation to the ability to act on that information, according to the latest Mobile Innovations Forecastreport from PwC.  How well a mobile device adapts its content and … Read the full press release

Cassa depositi e prestiti Spa Ordinary Shareholders’ Meeting: 2013 financial statements approved; Appointed Luciano Barsotti standing auditor and Giandomenico Genta alternate auditor

Rome,  30-5-2014 — /EuropaWire/ — Cassa depositi e prestiti Spa (CDP) announces that the Ordinary Shareholders’ Meeting today approved the 2013 financial statements. The 2013 consolidated financial statements were also presented during the meeting. The Ordinary Shareholders’ Meeting also appointed new … Read the full press release

Seadrill reports US$3,094 million net income on its First Quarter 2014 Results

Hamilton, Bermuda, 30-5-2014 — /EuropaWire/ — Seadrill reports US$3,094 million net income on its First Quarter 2014 Results Highlights From the effect of January 2, 2014, the financial results of Seadrill Partners LLC has been deconsolidated from the financial results of Seadrill. … Read the full press release