Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Mergers: Commission blocks proposed acquisition of TNT Express by UPS

Posted on 30, January 2013 by

Brussels, 30-1-2013 — /europawire.eu/ — The European Commission has prohibited under the EU Merger Regulation the proposed acquisition of TNT Express by UPS. The Commission found that the take-over would have restricted competition in 15 Member States1 when it comes to the express … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Law, Transportation & Logistics

Achmea and Aegon sign agreement regarding portfolios Eureko

Posted on 30, January 2013 by

Zeist, 30-1-2013 — /europawire.eu/ — Achmea and Aegon signed a transaction agreement concerning Achmea’s Life Insurance and Pension portfolios in Romania. The agreement refers to the transfer of the Romanian businesses which is expected to be executed in the second … Read the full press release →

Posted in Business, Financial, Insurance, Netherlands, Romania

Mergers: Commission prohibits proposed acquisition of TNT Express by UPS – frequently asked questions

Posted on 30, January 2013 by

Brussels, 30-1-2013 — /europawire.eu/ — Mergers: Commission prohibits proposed acquisition of TNT Express by UPS – frequently asked questions (See also the press release: IP/13/68) What are the main features of the small package delivery industry? A small package differs from a … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Law, Transportation & Logistics

Results of the January 2013 euro area bank lending survey

Posted on 30, January 2013 by

30-1-2013 — /europawire.eu/ — The European Central Bank (ECB) is publishing today its report on the results of the January 2013 euro area bank lending survey. The bank lending survey, which is conducted four times a year, usually at the beginning … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Government

Achmea appoints Lineke Sneller to the Supervisory Board

Posted on 30, January 2013 by

Zeist, 30-1-2013 — /europawire.eu/ — Achmea has appointed Ms. Lineke Sneller (47) to the Supervisory Board. Mr. Henk Slijkhuis (66) will stand down from the Supervisory Board, after 17 years of involvement with the Supervisory Board of Achmea and those of its … Read the full press release →

Posted in Business, Financial, Insurance, Netherlands

Introductory remarks on UPS / TNT Express merger

Posted on 30, January 2013 by

Joaquín Almunia — Vice President of the European Commission responsible for Competition Policy Brussels, 30-1-2013 — /europawire.eu/ — Today the Commission decided to prohibit the acquisition of the logistics company TNT Express by its competitor UPS. In our investigation we found that the … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Law, Transportation & Logistics

Aegon strengthens Romanian position with addition of Eureko’s life and pension business in Romania

Posted on 30, January 2013 by

The Hague, 30-1-2013 — /europawire.eu/ — Aegon announces that it will take over Eureko’s life insurance and pension business in Romania, further strengthening Aegon’s position in the Central and Eastern European region. Eureko is fully owned by Achmea. Aegon has been active … Read the full press release →

Posted in Business, Financial, Insurance, Investment, Netherlands, Romania

Zurich survey: Insurance is no luxury in times of economic crisis

Posted on 30, January 2013 by

Zurich, 30-1-2013 — /europawire.eu/ — Europeans remain deeply concerned about the economic crisis. When it comes to reducing expenses, they see the greatest potential in the more discretionary areas of dining out, holidays and clothing. By contrast insurance, education and rent … Read the full press release →

Posted in Business, Financial, Insurance, Society, Switzerland

Women’s rugby club scores help from RBS

Posted on 30, January 2013 by

30-1-2013 — /europawire.eu/ — East London’s newest women’s rugby club has received financial sponsorship from The Royal Bank of Scotland as it looks to capitalise on increased interest in the sport from the local community. The club, East London Women’s Rugby … Read the full press release →

Posted in Banks, Financial, Marketing, Sports, United Kingdom

Banque Populaire lance une nouvelle formule de « Synthèses », son magazine référence sur la Gestion privée

Posted on 30, January 2013 by

30-1-2013 — /europawire.eu/ — Aujourd’hui Banque Populaire dévoile une formule revisitée de « Synthèses », son magazine trimestriel d’information sur l’actualité patrimoniale, financière et économique. La nouvelle version de « Synthèses », à travers une nouvelle ligne graphique et un traitement éditorial complet confirme … Read the full press release →

Posted in Banks, Business, Financial, France, Investment, Media

BPCE: le speed meeting au service de la mixité professionnelle

Posted on 30, January 2013 by

Paris, 30-1-2013 — /europawire.eu/ — Dans le cadre de sa politique Mixité, le Groupe BPCE a lancé le 17 janvier sa première session de speed meeting. Des collaboratrices issues des différentes entreprises du groupe ont rencontré les dirigeants des Caisses d’Epargne, des Banques … Read the full press release →

Posted in Banks, Business, Financial, France, Management

Dexia Crédit Local – Execution of the definitive funding guarantee agreement by the Belgian, French and Luxembourg States

Posted on 29, January 2013 by

29-1-2013 — /europawire.eu/ — The French, Belgian and Luxembourg States have entered into a several but not joint definitive funding guarantee agreement in favour of Dexia Crédit Local (main issuer and main operating entity of the group). As was the case … Read the full press release →

Posted in Banks, Belgium, Business, Financial, France, Investment, Luxembourg

Economic growth focus of CoR plenary

Posted on 29, January 2013 by

Brussels, 29-1-2013 — /europawire.eu/ — Economic and monetary union, cohesion, regional state aid, youth guarantee and EU citizenship main topics of debate The smart and timely deepening of the Economic and Monetary Union and the full support of the Youth Guarantee scheme … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Politics, Society

Committees focus on European Semester

Posted on 29, January 2013 by

The European Semester is the focus of work for the committees on Economic and Monetary Affairs, Budgets and Employment on Tuesday, as MEPs meet their national counterparts to discuss economic coordination work going on at EU level and how parliaments … Read the full press release →

Posted in Business, Economy, European Union, Financial, Government, Politics, Society

Establishing the Single Supervisory Mechanism

Posted on 29, January 2013 by

Speech by Vítor Constâncio, Vice-President of the ECB, at the BAFT-IFSA 2013 Europe Bank-to-Bank Forum 29 January 2013 29-1-2013 — /europawire.eu/ — Ladies and gentlemen, It is a great pleasure to be here today at this event organised by the BAFT-IFSA (Bankers’ Association for … Read the full press release →

Posted in Banks, Business, Economy, Financial, Government, Law, Luxembourg

Siemens shareholders ratify acts of Managing and Supervisory Boards

Posted on 29, January 2013 by

Acts of Managing and Supervisory Boards ratified by large majority Dividend proposal of €3.00 per share endorsed Osram spinoff approved Munich, Germany, 29-1-2013 — /europawire.eu/ — Voting at the company’s Annual Shareholders’ Meeting, the shareholders of Siemens AG have ratified the acts … Read the full press release →

Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Financial, Germany, Management

Romania: Statement of the IMF and EC Review Missions

Posted on 29, January 2013 by

Brussels, 29-1-2013 — /europawire.eu/ — Teams from the International Monetary Fund (IMF) and the European Commission (EC) visited Bucharest during January 15–29 to conduct discussions on the 7th and final review by the IMF and the last review by the EC of … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Investment, Romania

Syrian crisis: EU pledges €100 million for humanitarian aid

Posted on 29, January 2013 by

Brussels, 29-1-2013 — /europawire.eu/ — The European Commission will pledge €100 million of humanitarian funding at the International Pledging Conference for Syria convened by UN Secretary-General Ban Ki-moon and hosted by Kuwait on 30 January. This funding, to be disbursed in … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Politics, Society

Commission’s mission to Hungary encourages continued progress in fiscal consolidation while paying more attention to raising growth potential

Posted on 29, January 2013 by

Brussels, 29-1-2013 — /europawire.eu/ — European Commission officials, in close cooperation with International Monetary Fund staff and observers from the European Central Bank (ECB), conducted a mission to Hungary from 16 and 28 January. Its purpose was to review recent developments and … Read the full press release →

Posted in Belgium, Business, Economy, European Union, Financial, Government, Hungary, Politics

EDHEC-Risk Institute Puts Forward a Series of Proposals to Limit Non-Financial Risks in the European Fund Management Industry

Posted on 29, January 2013 by

Paris, 29-1-2013 — /europawire.eu/ — In a summary document that concludes three years of research on better management of non-financial risks within the European fund management industry – conducted with the support of CACEIS – EDHEC-Risk Institute is putting forward a series … Read the full press release →

Posted in Banks, Business, Education, Financial, France, Investment, Management