Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Boubakar Dione est nommé Directeur juridique de Bpifrance

12-9-2013 — /EuropaWire/ — Boubakar Dione est nommé Directeur juridique de Bpifrance. Rapportant directement au Directeur général, il prend en charge la responsabilité de l’ensemble de la fonction juridique de Bpifrance et supervisera les équipes juridiques dédiées aux opérations de financement et … Read the full press release

Uralkali released IFRS H1-2013 Financial Results: Net Revenue down 29%, EBITDA down 40% YoY

11-9-2013 — /EuropaWire/ — Uralkali (LSE: URKA, “the Company”), one of the world’s largest potash producers, has today published its audited financial results for the six months ended 30 June 2013 prepared in accordance with IFRS and audited by ZAO PricewaterhouseCoopers Audit. … Read the full press release

Uralkali’s Board of Directors announced the decisions made on the meeting held on 10 September 2013

11-9-2013 — /EuropaWire/ — Following the meeting held on 10 September 2013, the Board of Directors of Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, has made the following decisions. The Board has approved the Consolidated Condensed Interim … Read the full press release

EU Commissioner Michel Barnier’s statement on the new Market Abuse Regulation endorsed by the European Parliament

11-9-2013 — /EuropaWire/ — I welcome the political agreement with Council on the Market Abuse Regulation that Parliament has endorsed today, which will establish tougher rules to better prevent, detect and punish market abuse. With this agreement, the European Parliament has made … Read the full press release

Deutsche Bundesbank published foreign exchange and derivatives turnover of banks in Germany

11-9-2013 — /EuropaWire/ — In April 2013, a survey of foreign exchange and derivatives market activity was carried out by central banks in 53 countries, including all the major financial centres.In consultation with the Bank for International Settlements (BIS), these surveys have … Read the full press release

Dassault Systèmes announced the acquisition of Safe Technology Ltd, the technology leader in fatigue simulation for predicting product durability

3DEXPERIENCE Platform Enriched by Advanced Durability Analysis Applications VÉLIZY-VILLACOUBLAY, France, 10-9-2013 — /EuropaWire/ — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced the acquisition of Safe … Read the full press release

Statoil ASA guaranteed by Statoil Petroleum AS executed debt capital market transactions

10-9-2013 — /EuropaWire/ — On August 27, 2013, Statoil ASA (OSE:STL, NYSE:STO), guaranteed by Statoil Petroleum AS, executed the following debt capital market transaction: Issue of USD 300,000,000 Notes with floating interest rate and due August 27, 2020  The net proceeds from … Read the full press release

E.ON Connecting Energies to acquire Matrix, UK market leader in energy management and energy efficiency services for commercial buildings

06-9-2013 — /EuropaWire/ — Today, E.ON Connecting Energies entered into a definitive agreement to acquire Matrix (“The Company”), the UK market leader in energy management and energy efficiency services for commercial buildings. The agreement covers the purchase of 100 percent of the … Read the full press release

Jeroen Dijsselbloem clarifies Eurogroup’s position on the Greek programme and Greece’s financing needs

Appearing in front of the European Parliament’s Economic and Monetary Affairs Committee today, the Eurogroup President took the opportunity to clarify the situation with regard to the Greek programme and Greece’s financing needs. 06-9-2013 — /EuropaWire/ — He welcomed the real progress … Read the full press release

ING sold its wholly owned life insurance business in South Korea “ING Life Korea” to Korea’s largest private equity firm MBK Partners for € 1.24B

Sale is next major step in divestment of Asian insurance/investment management units ING to receive total cash proceeds of approx. KRW 1.84 trillion (EUR 1.24 billion) ING to hold an indirect stake of around 10% in ING Life Korea for … Read the full press release

ING: De Nederlandse Bank (DNB) announced it maintains ECB AAA curve for Dutch insurance companies

Amsterdam, 06-9-2013 — /EuropaWire/ —  Today De Nederlandse Bank (DNB) announced that it maintains its existing alternative interest rate term structure for calculation of the regulatory Solvency 1 available capital of Dutch insurance companies. The downgrade of the French state on 12 … Read the full press release

EC President Barroso at G20 Summit in Saint Petersburg: The European Union comes to this summit with a message of confidence

Joint press conference/Saint Petersburg 05-9-2013 — /EuropaWire/ — Good afternoon, The European Union comes to this summit with a message of confidence. The EU delivered on its commitments made last year, but the global recovery still remains fragile. There are positive signs … Read the full press release

EIB provides €100M to Raiffeisenbank a.s. and €50M to Česká Spořitelna a.s. for energy efficiency and renewable energy projects promoted by Czech SMEs and Mid-Cap companies

05-9-2013 — /EuropaWire/ — The European Investment Bank (EIB) has extended two intermediated loans combined with EU grant subsidies to support energy efficiency and renewable energy projects promoted by SMEs and Mid-Cap companies in the Czech Republic: EUR 100 million loan to … Read the full press release

Orange Business Services completes the acquisition of consulting firm InovenAltenor

Orange Business Services has just completed the acquisition of consulting firm InovenAltenor. The acquisition confirms Orange Business Services’ ambitions in supporting companies in the strategic domain of digital transformation and the positioning of Orange Consulting, its consulting arm that specializes … Read the full press release

EC launched new project to help preserve Cyprus’s cultural heritage

04-9-2013 — /EuropaWire/ — The European Commission has launched a new project to strengthen the efforts already in place to preserve the island-wide cultural heritage in Cyprus. The EU contribution will amount to €2 million and will support the work of the … Read the full press release

The European Commission adopted communication on shadow banking and proposed new rules for money market funds (MMFs)

04-9-2013 — /EuropaWire/ — The Commission has today adopted a communication on shadow banking and proposed new rules for money market funds (MMFs). The communication is a follow-up to last year’s Green Paper on Shadow Banking (IP/12/253). It summarises the work undertaken so far by … Read the full press release

HSBC introduced unbeatable mortgage rates on the High Street at 90% LTV to First-Time Buyers

04-9-2013 — /EuropaWire/ — Bank pledges to offer unbeatable rates on High Street to FTBs On Monday 2nd September HSBC will launch ‘First for First-Time Buyers’, offering unbeatable mortgage rates on the High Street at 90% LTV.1 The ‘Best High Street Mortgage Provider’2 pledges … Read the full press release

Rosneft top managers increased their shareholdings in the Company’s charter capital

04-9-2013 — /EuropaWire/ — Rosneft top managers increased their interests in the Company’s charter capital. Considerable shareholdings in the Company’s charter capital were acquired by Rosneft Vice Presidents Eric Maurice Liron, Zeljko Runje and Igor Maydannik: Eric Maurice Liron, First Vice President … Read the full press release

Online and telephone bank First Direct reduces rates on its Offset and Repayment mortgages and focuses on fee free mortgages

04-9-2013 — /EuropaWire/ — On Friday 23 August first direct, winner of Moneywise Most Trusted Mortgage Provider, reduced the rates on eleven of its Offset and Repayment mortgages by up to 0.2% to provide even better value to customers.  Borrowers with 25-35% deposit or equity are … Read the full press release

Orange appointed Arnaud Castille Executive VP for Mergers and Acquisitions

Arnaud Castille joined Orange as Executive Vice President for Mergers and Acquisitions on 26 August 2013. Paris, 03-9-2013 — /EuropaWire/ — He replaced Vincent Benoît, who has left the Group. Arnaud previously served as a Director in the M&A Department at the … Read the full press release