Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Russell Group Director Dr Wendy Piatt commented on university Vice-Chancellors’ salaries

London, UK, 7-1-2014 — /EuropaWire/ — Commenting on reports about university leaders’ pay, Dr Wendy Piatt, Director General of the Russell Group, said: “The salaries of Vice-Chancellors and other senior staff at our universities reflect their roles leading extremely complex, international … Read the full press release

The EY Eurozone Financial Services Forecast (EEFSF): business lending expected to drop by €211b in 2014

London, UK, 7-1-2014 — /EuropaWire/ — This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that … Read the full press release

Natixis Asset Management annonce la création de la société de gestion Mirova

Paris, France, 7-1-2014 — /EuropaWire/ — Pour accélérer le développement de son pôle d’expertise en investissement responsable, Natixis Asset Management annonce la création de la société de gestion Mirova¹. Mirova a pour ambition de devenir, dans les cinq prochaines années, un des leaders de l’Investissement … Read the full press release

Natixis Asset Management to establish new management company named Mirova

Paris, France, 7-1-2014 — /EuropaWire/ — In order to accelerate the development of its responsible investment activities, Natixis Asset Management announces the creation of the management company Mirova¹. It is Mirova’s ambition to become an international leader in Responsible Investment within the next five years. … Read the full press release

Société Foncière Lyonnaise (SFL) takes note on Colonial’s statement about possible disposal of part of its stake in SFL

Paris, France, 7-1-2014 — /EuropaWire/ — The Board of Directors of the Société Foncière Lyonnaise has taken note of the press release issued today by its majority shareholder, Colonial, regarding developments in that company’s financial restructuring process (see the Colonial press release … Read the full press release

Bankinter CEO María Dolores Dancausa named best Ibex CEO in 2013 by Forbes Magazine

Creation of shareholder value, ability to raise funds on the markets and diversification of activities were among the main criteria. Madrid, Spain, 7-1-2014 — /EuropaWire/ — The chief executive of Bankinter, María Dolores Dancausa, has been selected by Forbes Magazine as the … Read the full press release

Bankinter ended 2013 as the most profitable banking stock in the Euro Stoxx 600

Ends the year as the most profitable bank in the Euro Stoxx 600 and the second best performing stock in the Ibex 35, with a gain of nearly 150%. The Bank’s market capitalisation is up from €1.77 billion at the … Read the full press release

Credit Suisse Group reports 3Q13 and 9M13 results

Credit Suisse Group 3Q13 results reflect resilient Private Banking & Wealth Management profitability, strong Equities revenues and continued progress on cost and capital, mitigating the impact of reduced Fixed Income client activity 3Q13 results: – Underlying*: Core pre-tax income of … Read the full press release

Credit Suisse to release restated historical financial information on January 7, 2014 following non-strategic units introduction

Zurich, Switzerland, 6-1-2014 — /EuropaWire/ — On January 7, 2014 at 07:30 CET, Credit Suisse will release restated historical financial information arising from the introduction of the non-strategic units announced on October 24, 2013. David Mathers, Chief Financial Officer, will host a … Read the full press release

Deutsche Börse AG subsidiary Eurex Zürich AG to acquire 5-percent stake in Taiwanese futures exchange TAIFEX for $47 million

Frankfurt am Main, Germany, 6-1-2014 — /EuropaWire/ — Eurex: Eurex Zürich AG, a subsidiary of Deutsche Börse AG, is becoming a minority shareholder of the Taiwanese futures exchange TAIFEX. Subject to regulatory approval by the Taiwanese authorities (Investment Commission, Ministry of … Read the full press release

Eurex Group’s international derivatives markets with 2.2 billion contracts in 2013

Frankfurt am Main, Germany, 6-1-2014 — /EuropaWire/ — Eurex: The international derivatives markets of Eurex Group ended 2013 with a turnover of approximately 2.2 billion contracts (2012: 2.3 billion contracts). The total volume for 2013 splits into 1.6 billion contracts traded … Read the full press release

Deutsche Börse cash markets turnover at €1.16 trillion in 2013

Frankfurt am Main, Germany, 6-1-2014 — /EuropaWire/ — Xetra/FWB: In 2013, €1.16 trillion were turned over at the cash markets of Deutsche Börse (2012: €1.16 trillion). Order book turnover on Xetra, the Xetra Frankfurt specialist trading and Tradegate stood at €85.4 … Read the full press release

Federal Republic of Germany and Deutsche Bundesbank to issue treasury discount paper for sale by auction on 13 January 2014

Frankfurt am Main, Germany, 6-1-2014 — /EuropaWire/ — As already announced in the issuance calendar for the first quarter of 2014, the Federal Government will issue Treasury discount paper (“Bubills”) with a maturity of 6 months for sale by auction on 13 January 2014. … Read the full press release

Orange Business Services to acquire IT identity and security pioneer Atheos

Orange Business Services today announced the acquisition of Atheos, becoming the largest European cyberdefense company and strengthening its position as a leading global player in advanced security services.  Paris, France, 6-1-2014 — /EuropaWire/ — Founded in 2002, Atheos is a pioneer of … Read the full press release

Barclaycard said discounted ‘Black Friday/Mega Monday’ weekend in late November/early December saw spending up 10.4 per cent against 2012

• Online spending up 9.8 per cent on 2012, with in-store spending growing at a more modest 1.2 per cent • Big boost for Christmas Day and Boxing Day spending with 13.6 per cent rise • Average transaction values continue … Read the full press release

RBS CIB to fund with £43m James Caird Asset Management (JCAM)’s purchase of new business parks in Birmingham and Leeds

Edinburgh, Scotland, 6-1-2014 — /EuropaWire/ — Private Investment vehicle, James Caird Asset Management (JCAM), has purchased new business parks in Birmingham and Leeds having agreed a £43m funding facility from Royal Bank of Scotland Corporate & Institutional Banking (RBS CIB).  Canmoor, the … Read the full press release

Prudential plc confirmed The Prudential Assurance Company Limited (PAC) completed domestication of its Hong Kong branch

London, UK, 6-1-2014 — /EuropaWire/ — Prudential plc today confirms that The Prudential Assurance Company Limited (PAC) has completed the process of domesticating its Hong Kong branch.  The Hong Kong branch of PAC was transferred on 1 January 2014 to two new … Read the full press release

Lloyds Bank research names Egerton Crescent and The Bishops Avenue in London the most expensive streets in England and Wales

The most expensive residential streets in England and Wales remain in the Royal Borough of Kensington and Chelsea, according to latest research from Lloyds Bank.  London, UK, 02-1-2014 — /EuropaWire/ — Located in South Kensington, surrounded by fashionable boutiques and with the Victoria … Read the full press release

Deutsche Bank moves staff members from its “Große Gallusstraße” building and “Asset Management Center” to new Frankfurt city location

Frankfurt am Main, Germany, 02-1-2014 — /EuropaWire/ — At a new Frankfurt city location, Deutsche Bank will be bringing together the staff members from its office tower at “Große Gallusstraße 10-14”, which the bank has been using in its city center area … Read the full press release

Shell acquired additional 23% interest in Parque das Conchas project offshore Brazil for US $1 billion

Shell today announces it has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for US $1 billion. The Hague, Netherlands,  02-1-2014 — /EuropaWire/ — Regulatory approvals have been obtained and Shell will now … Read the full press release