Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

NatWest and Royal Bank of Scotland brings in ‘TechXperts’ to support customers in using online and mobile banking

NatWest and Royal Bank of Scotland are investing in specialist ‘TechXperts’, to ensure branch staff are trained to support customers in using online and mobile banking. EDINBURGH, 23-Feb-2017 — /EuropaWire/ — Every NatWest and Royal Bank of Scotland branch is to … Read the full press release

Vodafone highlights key milestones in the development of M-Pesa as the mobile money service celebrates its 10th year anniversary

LONDON, 23-Feb-2017 — /EuropaWire/ — As Vodafone marks the 10th anniversary of M-Pesa, the world’s leading mobile money service, it was revealed that a record 614 million M-Pesa transactions were processed during December 2016. Vodafone now offers M-Pesa services in 10 … Read the full press release

Aviva’s Family Finances Report: UK families’ savings have fallen to the lowest level in 18 months as typical incomes decline

Low income families have just £95 in savings and investments, compared to £62,885 among high income families, as the savings gap grows 25% annually Homeownership among families falls to lowest level in four years (64%), with low income families worst … Read the full press release

Deutsche Bank announces the appointment of Thomas Piquemal as Chief Country Officer for France

Frankfurt am Main, 21-Feb-2017 — /EuropaWire/ — Deutsche Bank has appointed Thomas Piquemal as Chief Country Officer for France, in addition to his role as Global Head of Mergers & Acquisitions, effective March 1, 2017. Piquemal succeeds Bruno Hallak, who … Read the full press release

Capgemini acquires Insurance IT services firm TCube Solutions, Inc.

This acquisition strengthens Capgemini’s leadership in the financial services sector PARIS, 17-Feb-2017 — /EuropaWire/ — Capgemini, a global leader in consulting, technology and outsourcing services, announced today the acquisition of TCube Solutions, Inc., an Insurance IT services firm, the largest independent … Read the full press release

Iberdrola signs €500 million green loan with BBVA

It is the largest amount ever signed worldwide in the area of sustainable finance  The company was also the first to launch the green bonds market in Spain in April 2014 BILBAO, 17-Feb-2017 — /EuropaWire/ — Iberdrola has signed for a … Read the full press release

Der ehemalige Banker Mike Baur verrät sein Erfolgsrezept für die Schweizer Wirtschaft

ZURICH, 17-Feb-2017 — /EuropaWire/ — Mike Baur machte sich im Schweizer Bankensektor einen Namen, als er 2008 ein wichtiger Akteur bei der Privatbank Clariden Leu wurde. Er fand sich in seiner Position gut zurecht und beriet schon mit Anfang zwanzig die … Read the full press release

LINKS Foundation

An institution aimed at fostering the growth of the local ecosystem enhancing the skills of the Area TORINO, Italy, 15-Feb-2017 — /EuropaWire/ — LINKS Foundation is a non-profit Institution operating at a national and international level carrying out applied research … Read the full press release

8 in 10 German SMEs are still not utilizing e-commerce

KfW study: only 16% of SMEs rely on e-commerce Share in total turnover is still low Retailers, wholesalers and young businesses are pioneers Frankfurt am Main, 14-Feb-2017 — /EuropaWire/ — E-commerce, the selling of products using online channels, still plays … Read the full press release

KfW Group reports strong demand for financing products in Germany for fiscal year 2016

KfW promotional business volume rises to EUR 81 billion (+2%) EUR 55.1 billion for domestic promotion Strong demand for the promotion of energy efficiency in the home (EUR 15.5 billion) and at companies (EUR 5.2 billion) Very good year in … Read the full press release

DEG to provide long-term loan to SREI Equipment Finance Ltd. to fund infrastructure and construction equipment requirement in India

USD 25 million for SREI Equipment Finance Limited Financing for infrastructure and construction equipment to small and medium-sized enterprises Long-standing partnership with SREI Group COLOGNE, 07-Feb-2017 — /EuropaWire/ — The infrastructure sector is a major driver of the Indian economy. … Read the full press release

ICBPI to acquire BMPS’ merchant acquiring business for EUR 520 million

SIENA, 06-Feb-2017 — /EuropaWire/ — Banca Monte dei Paschi di Siena S.p.A. (“BMPS”) informs that it has reached a binding agreement with Istituto Centrale delle Banche Popolari Italiane S.p.A. (“ICBPI”), a leading player in the management of national and international payment … Read the full press release

Exchange Council of Eurex Deutschland announces new board members

FRANKFURT, 31-Jan-2017 — /EuropaWire/ — At its meeting on Wednesday, 25 January 2017, the Exchange Council of Eurex Deutschland elected a new chairman as well as the vice chairman for a period of three years. Carola Gräfin von Schmettow, chairman … Read the full press release

Exchange Council of the Frankfurt Stock Exchange announces board members for the next three-year term

Lars Hille, member of DZ Bank Executive Board, replaces Lutz Raettig FRANKFURT, 31-Jan-2017 — /EuropaWire/ — The Exchange Council of the Frankfurt Stock Exchange was reconstituted today. The members of the Exchange Council unanimously elected Lars Hille, member of the Executive … Read the full press release

Deutsche Börse: New SME segment to improve access to investors and growth capital to be launched in March

FRANKFURT, 30-Jan-2017 — /EuropaWire/ — Deutsche Börse published further details today on its new segment for small and medium-sized enterprises (SMEs) to be launched in March, replacing the Entry Standard in the exchange-regulated market. Accordingly, Edison Investment Research and Morningstar … Read the full press release

DEGIRO and Eurex to jointly educate retail investors

ESCHBORN, 27-Jan-2017 — /EuropaWire/ — DEGIRO, one of Europe’s largest retail brokers and Eurex, Europe’s largest derivatives exchange team up to jointly educate retail investors: A new section on DEGIRO’s website explains the products listed on Eurex with input coming … Read the full press release

Risk presented ‘Exchange of the Year’ award to Eurex

ESCHBORN, 27-Jan-2017 — /EuropaWire/ — Eurex takes home the prestigious award ‘Exchange of the Year’ at this year’s award gala, hosted by ‘Risk’ at the Brewery in London. Lee Bartholomew, Head of Fixed Income & FX Product R&D accepted the award … Read the full press release

Carola Gräfin von Schmettow elected chairman, Exchange Council of Eurex Deutschland

ESCHBORN, 27-Jan-2017 — /EuropaWire/ — At its meeting on Wednesday, 25 January 2017, the Exchange Council of Eurex Deutschland elected a new chairman as well as the vice chairman for a period of three years. Carola Gräfin von Schmettow, chairman … Read the full press release

Lloyds Bank the first financial services company to trial Signly – a British Sign Language (BSL) translation tool

New technology provides innovative way of interacting with Bank literature LONDON, 27-Jan-2017 — /EuropaWire/ — Lloyds Bank has become the first financial services company to undertake a trial with Signly – a British Sign Language (BSL) translation tool. Lloyds Banking Group’s … Read the full press release

NIB issues its first public benchmark of 2017 — a new 5-year global USD 1.25 billion bond

On 24 January, NIB priced a new 5-year global USD 1.25 billion bond, the Bank’s first public benchmark of 2017. HELSINKI, 27-Jan-2017 — /EuropaWire/ — The issue has a final maturity of 1 February 2022, pays a semi-annual coupon of 2.125% and has an issue … Read the full press release