Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

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

Business Leaders Call to Include Social Goals in Corporate Decisions

Posted on 29, January 2013 by

Businesses’ increased power means increased responsibility to solve global problems Companies that focus only on short-term profit will not survive Governments should create incentives for businesses to shift focus The theme of the 43rd World Economic Forum Annual Meeting is Resilient Dynamism. For more … Read the full press release →

Posted in Business, Financial, Government, Non Profit, Politics, Society, Switzerland

ArcelorMittal to record non-cash impairment charge in Q4 2012

Posted on 29, January 2013 by

Luxembourg, 29-1-2013 — /europawire.eu/ — ArcelorMittal today announced it expects to write down the goodwill in its European businesses by approximately US$4.3bn. This follows the completion of its yearly goodwill impairment test, as required by IFRS accounting standards. The write down … Read the full press release →

Posted in Business, Financial, Industrial, Luxembourg, Metals and Minerals

Aviva appoints Bob Stein as a non-executive director

Posted on 29, January 2013 by

29-1-2013 — /europawire.eu/ — Aviva plc (“Aviva” or “the Company”) announces that Bob Stein has today been appointed as a non-executive director of the Company. Bob is currently a non-executive director and vice-chair of the audit committee of Assurant, Inc (US … Read the full press release →

Posted in Business, Financial, Insurance, Management, United Kingdom

The Global Economy in 2013: “Fragile and Timid Recovery”

Posted on 29, January 2013 by

The International Monetary Fund forecasts 3.5% GDP growth for the global economy in 2013 The economic climate is much better this year than last year, but the recovery is “fragile and timid” A new economic policy in Japan and strength … Read the full press release →

Posted in Business, Economy, Financial, Switzerland

Valuation of SAS Rue la Boétie shares in the consolidated financial statements of the Crédit Agricole Regional Banks

Posted on 29, January 2013 by

Montrouge, 29-1-2013 — /europawire.eu/ — Crédit Agricole S.A. announces that the Crédit Agricole Regional Banks have just changed the method they use to value their shares in SAS Rue La Boétie (SAS RLB) – the majority shareholder in Crédit Agricole S.A. – … Read the full press release →

Posted in Banks, Business, Financial, France

ArcelorMittal extends conversion date for $1bn mandatory convertible bond

Posted on 29, January 2013 by

Luxembourg, 29-1-2013 — /europawire.eu/ — ArcelorMittal announces the extension of the conversion date for the $1bn privately placed mandatory convertible bond (MCB) issued on 28 December 2009 by one of its wholly-owned Luxembourg subsidiaries. This amendment to the MCB, which is … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Luxembourg, Metals and Minerals

Aviva appoints Khor Hock Seng as CEO Aviva Asia

Posted on 29, January 2013 by

29-1-2013 — /europawire.eu/ — Aviva plc (“Aviva”) announces the appointment of Khor Hock Seng as CEO of Aviva Asia. Mr Khor, who will be based in Singapore, will take up his new role on 8 March and will join the Group Executive, … Read the full press release →

Posted in Business, Financial, Insurance, Management, United Kingdom

China’s Currency Unlikely to Topple US Dollar as World’s Reserve Currency

Posted on 29, January 2013 by

China’s currency, the RMB, is unlikely to internationalize in the short term The world needs to better understand how Beijing views its global responsibilities The theme of the 43rd World Economic Forum Annual Meeting is Resilient Dynamism. For more information, visit http://wef.ch/Davos Davos-Klosters, Switzerland, 29-1-2013 … Read the full press release →

Posted in Business, Economy, Financial, Switzerland

Graphene and Human Brain Project win largest research excellence award in history, as battle for sustained science funding continues

Posted on 29, January 2013 by

29-1-2013 — /europawire.eu/ — The European Commission today announced the winners of a multi-billion euro competition of Future and Emerging Technologies (FET). The winning Graphene and Human Brain initiatives are set to receive one billion euros each, to deliver 10 years … Read the full press release →

Posted in Awards, Business, European Union, Financial, Government, Healthcare, Science, Society, Technology

LLOYDS BANKING GROUP INCREASES FINANCIAL SUPPORT FOR SCOTTISH CHARITIES

Posted on 28, January 2013 by

28-1-2013 — /europawire.eu/ — Lloyds Banking Group is to commit a further £1 million to the Bank of Scotland Foundation, doubling the money available to help support charities across Scotland. The charitable foundation, which was set up two years ago, already … Read the full press release →

Posted in Banks, Financial, Non Profit, Society, United Kingdom