Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Eni mandated Banca IMI, BNP Paribas, BofA Merrill Lynch, Deutsche Bank, MUFG and UniCredit Bank for its fixed rate bond offering

Both issued under its existing Euro Medium Term Note Programme and to be placed on the Euromarket. San Donato Milanese (Milan), 13-Sep-2016 — /EuropaWire/ — Eni has mandated Banca IMI, BNP Paribas, BofA Merrill Lynch, Deutsche Bank, MUFG and UniCredit Bank … Read the full press release

Commonwealth Bank of Australia and Barclays to transform the way people move money between Australia and the UK

Commonwealth Bank of Australia and Barclays join forces to shake-up, streamline and simplify payments between Australia and the UK Innovative link-up of CBA’s CommBank app and Barclays’ Pingit will allow customers to move money over 10,000 miles – quickly, securely … Read the full press release

DEG hosts topping-out ceremony of its extension building in Cologne city centre

Additional office space for another 120 workspaces Completion scheduled for end of 2017 COLOGNE, 13-Sep-2016 — /EuropaWire/ — The shell of DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH’s extension building in the city centre of Cologne is now complete. The topping-out … Read the full press release

London Stock Exchange Group appoints Waqas Samad as CEO of Fixed Income & Multi-Asset Benchmarks, Information Services division

Waqas Samad appointed CEO of Fixed Income & Multi-Asset Benchmarks Leading FTSE Russell fixed & multi-asset indexes Reporting to FTSE Russell CEO Mark Makepeace LONDON, 12-Sep-2016 — /EuropaWire/ — London Stock Exchange Group (LSEG) today announces the appointment of Waqas Samad … Read the full press release

Lloyds Bank research: parents willing to pay an average of £53,000 more to live near top performing state school

Average property prices have reached £366,744 in areas closest to  England’s Top 30 state schools  – 17% above the county average of £313,318 Homes near Beaconsfield High School in Buckinghamshire pay the highest premium of £629,021 (171%) compared to the … Read the full press release

Lloyds Bank research reveals UK homeowners’ housing aspirations show signs of optimism

Almost three quarters of homeowners (74%) believe that they will achieve their long-term family home in no more than two more moves 81% of homeowners believe they will have to wait longer to reach their long-term family home than they … Read the full press release

Lloyds Bank’s study shows Food and Drink sector eager to move ahead with expansion and development plans despite EU referendum vote

Build up to the EU Referendum had a negative impact on businesses, and leaving the EU is cited as biggest potential challenge to sector but wider outlook is positive Almost half of firms said that investment in their business had … Read the full press release

Aviva: 83% of Brits call on the Government on its commitment to slash motor premiums by reforming whiplash compensation laws

83% want Government to honour its commitment to slash motor insurance costs Proposed reforms could reduce motor premiums by £43 Aviva pledges to pass 100% of the savings to its customers Since 2000, accidents have fallen by 40%, but injury … Read the full press release

Aviva’s second ‘Mind the Gap’ report: Europe’s pension savings gap surpasses €2 trillion a year

New findings from Aviva reveal that Europe’s pension savings gap remains a growing issue As European Governments grapple with public debt levels and the wider challenges of an ageing population, individuals will need to take greater responsibility for their own … Read the full press release

Deutsche Bank creates 40 new jobs with the opening of its new data lab in Dublin

LONDON, 09-Sep-2016 — /EuropaWire/ — Deutsche Bank today opened a data lab in Dublin that will create 40 new jobs. It also announced plans to create a further 125 Technology and Operations roles in Dublin supporting its Global Markets and Corporate … Read the full press release

Deutsche Bank Wealth Management to focus on strategic investments in its US Wealth Management business following sale of its US Private Client Services unit

NEW YORK, 09-Sep-2016 — /EuropaWire/ — Deutsche Bank Wealth Management today announced that it will focus on making strategic investments in its US Wealth Management business after successfully closing the sale of its US Private Client Services (PCS) unit to Raymond … Read the full press release

BNP Paribas launches innovative financing structure for PUMA suppliers to improve environmental, health and safety and social standards

PARIS, 08-Sep-2016 — /EuropaWire/ — BNP Paribas announces the launch of a pioneering initiative, designed in collaboration with sports company PUMA and implemented through the support of the IT platform provider GT Nexus. This innovative financing structure offers financial incentives for PUMA … Read the full press release

Allianz Group welcomes Peter Borchers as CEO of its newly established unit Allianz X

The recently established unit Allianz X has won Peter Borchers to become CEO as of October 1, 2016. MUNICH, 08-Sep-2016 — /EuropaWire/ — Peter Borchers is one of the most experienced and highly respected leaders in the area of corporate incubation … Read the full press release

Conference on the Future Financing of EU will take place in European Parliament in Brussels on 7-8 September 2016

BRUSSELS, 07-Sep-2016 — /EuropaWire/ — A conference with national parliaments on the Future Financing of the European Union will take place in the European Parliament premises in Brussels on 7-8 September 2016. The Conference will be an important milestone in the … Read the full press release

Staggering €159.5 billion in Value Added Tax (VAT) revenues lost across EU in 2014

BRUSSELS, 07-Sep-2016 — /EuropaWire/ — A staggering €159.5 billion in Value Added Tax (VAT) revenues were lost across the EU in 2014 according to figures released by the European Commission today. Research shows that the overall difference between the expected VAT … Read the full press release

EBRD to work with EU and Sweden to finance the renovation and development of wastewater systems in Bosnia and Herzegovina

  LONDON, 07-Sep-2016 — /EuropaWire/ — The EBRD is working with the EU and Sweden to finance the renovation and development of a clean water and wastewater systems in Bosnia and Herzegovina benefitting more than 35,000 people. Addressing such regional challenges … Read the full press release

EBRD with parallel lenders to provide €123 million to the Croatian food and pharmaceutical producer Podravka d.d.

Bank provides €123 million financing together with parallel lenders LONDON, 07-Sep-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a financing package of up to €123 million to the Croatian food and pharmaceutical producer Podravka d.d. … Read the full press release

EBRD to support Turkish subsidiary of the Sweden-based Group Systemair AB with €5.5 million loan

€5.5 million loan for construction of new greenfield site LONDON, 07-Sep-2016 — /EuropaWire/ — Deepening its support for Turkey’s private sector, the European Bank for Reconstruction and Development (EBRD) is providing a loan of €5.5 million to Systemair-HSK, the Turkish subsidiary … Read the full press release

The Sir Bobby Robson Foundation to contribute £1m to fund clinical research and nursing posts at The Newcastle University Centre for Childhood Cancer

A leading North East charity is contributing £1m to fund new roles at Newcastle University fighting childhood cancer. NEWCASTLE, 05-Sep-2016 — /EuropaWire/ — Just eight years after the launch of the Sir Bobby Robson Foundation, thanks to unwavering support, the … Read the full press release

The Hilti Group takes over the PEC Group

Schaan (FL), 02-Sep-2016 — /EuropaWire/ — The Hilti Group intends to further strengthen its market position in the fastening solution segment with anchor and installation channels. By taking over the PEC Group headquartered in Duisburg, Germany, Hilti is expanding its … Read the full press release