MANCHESTER, 6-11-2014 — /EuropaWire/ — The Co-operative Group (“the Group”) announces today that it has completed the deal to sell its Sunwin Services Group business to Cardtronics for a total consideration of up to £41.5m*, payable in cash. The Sunwin Services Group … Read the full press release
Posted in Business, Financial, Management, United Kingdom
Tagged Cardtronics, Sunwin Services Group, The Co-operative Group
PARIS, 6-11-2014 — /EuropaWire/ — CACEIS has developed a range of services allowing it to be the sole counterparty of management companies, banks and institutional investors, from the execution of their orders to the account-keeping/custody of their assets. The Execution … Read the full press release
Posted in Banks, Business, Financial, France, Management
Tagged CACEIS, EMIR, Hubert Montcoudiol
ZURICH, 5-11-2014 — /EuropaWire/ — Zurich Insurance Group (Zurich) has successfully closed the sale of its general insurance retail business in Russia to OLMA Group. The transaction is a proof-point of Zurich’s 2014-2016 strategy to invest in priority markets, while either … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, Russia, Switzerland
Tagged general insurance retail business, OLMA Group, Zurich Insurance Group
Amsterdam, 5-11-2014 — /EuropaWire/ — ING Group will propose to the 2015 Annual General Meeting of Shareholders the appointment of KPMG Accountants N.V. as its auditor. Under Dutch legislation, ING is required to change its auditor as of January 2016. … Read the full press release
Posted in Banks, Business, Financial, Management, Netherlands
Tagged ING Group, KPMG Accountants N.V.
Amsterdam, 5-11-2014 — /EuropaWire/ — ING has notified the Dutch State that it intends to make the final repayment of EUR 1,025 million on the core Tier 1 securities on 7 November 2014 – half a year ahead of the … Read the full press release
Posted in Banks, Business, Financial, Investment, Netherlands
Tagged Dutch State for, ING, Ralph Hamers
Düsseldorf, 5-11-2014 — /EuropaWire/ — E.ON has today agreed to sell its 20 percent shareholding in the Finnish natural gas company Gasum Oy to the Finnish State. Gasum Oy is engaged in the import, distribution and sale of natural gas … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Management
Tagged E.ON, E.ON Kainuu Oy, Finnish State, Gasum Oy, Karhu Voima Oy
The commitment will see all RBS employees receive a minimum hourly wage of £7.85. EDINBURGH, 4-11-2014 — /EuropaWire/ — RBS has today revealed that it is to be accredited a Living Wage employer by the Living Wage Foundation. This follows becoming … Read the full press release
The Royal Bank of Scotland Group plc (“RBS”) announces today its intention to appoint Ernst & Young LLP (“EY”) as external auditor with effect from the financial year ending 31 December 2016. EDINBURGH, 4-11-2014 — /EuropaWire/ — In its 2013 Annual … Read the full press release
Posted in Banks, Business, Financial, Management, United Kingdom
Tagged Ernst & Young LLP, external auditor, The Royal Bank of Scotland Group plc
LONDON, 3-11-2014 — /EuropaWire/ — Prudential today announces that Anthony Nightingale, CMG, is to succeed Lord Turnbull as Chairman of the Remuneration Committee from May 2015. At this time, Mr Nightingale will also join the Nomination Committee. Mr Nightingale has … Read the full press release
Posted in Business, Financial, Insurance, Management, United Kingdom
Tagged Anthony Nightingale, Lord Turnbull, Paul Manduca, Prudential
SLIPS Technologies Inc. launches to develop customized, highly-repellent slippery surfaces for materials in a broad range of applications Company founded by creators of the award-winning, super-slippery, super-omniphobic technology at Harvard University and the Wyss Institute Joint development agreement between BASF … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management, Switzerland, Technology
Tagged BASF Venture Capital, Daniel Behr, Hansjörg Wyss, SLIPS Technologies Inc, Steve Fischer
Tokyo, Japan and Ludwigshafen, Germany, 3-11-2014 — /EuropaWire/ — BASF, the world’s leading chemical company, and TODA KOGYO CORP., an industry leader in the development and manufacture of cathode materials for lithium-ion batteries, have agreed to form a joint venture for cathode … Read the full press release
46% increase in million pound property sales from H1 2013 Premium property sales out-perform under £1m market* LONDON, 3-11-2014 — /EuropaWire/ — The number of property sales worth at least a million pounds is at a record high, according to … Read the full press release
Posted in Banks, Business, Financial, Real Estate, United Kingdom
Tagged Lloyds Bank, property sales, Sarah Deaves
Frankfurt am Main / Luxembourg, 31-10-2014 — /EuropaWire/ — Deutsche Bank has successfully secured additional USD 12 million financing from private sector investors for the Microfinance Enhancement Facility (MEF). This will enable MEF to grant up to 3,300 additional loans to micro … Read the full press release
Posted in Banks, Business, Financial, Germany, Investment
Tagged Deutsche Bank, MEF, the Microfinance Enhancement Facility
NEW YORK, 31-10-2014 — /EuropaWire/ — Deutsche Bank today announced that Bryan Kraft has joined as a Director and lead research analyst covering the United States media, cable and satellite sectors within the Bank’s Markets division. He is based in … Read the full press release
Posted in Banks, Business, Financial, Germany, Management, Media
Tagged Bryan Kraft, Deutsche Bank, Steve Pollard
PARIS, 31-10-2014 — /EuropaWire/ — BNP Paribas Wealth Management has been given high distinction at the 2014 Global Private Banking Awards organised by the Financial Times Group (Professional Wealth Management /The Banker magazine) in Geneva and at the 24th Private … Read the full press release
Claudia Belli-Jeanteur has been appointed Head of Social Business (Social Entrepreneurship) and Microfinance at BNP Paribas. PARIS, 31-10-2014 — /EuropaWire/ — As Head of Social Business and Microfinance, Claudia Belli-Jeanteur will be in charge of meeting the rapidly-expanding needs of … Read the full press release
Posted in Banks, Business, Financial, France, Management
Tagged BNP Paribas, Claudia Belli-Jeanteur, Guy Rosa, Laurence Pessez
Sales revenue rises to EUR 147.7 billion (EUR 145.7 billion) Operating profit improves to EUR 9.4 billion (EUR 8.6 billion) in ongoing difficult market environment Profit before tax up EUR 2.1 billion year-on-year at EUR 11.5 billion High net liquidity … Read the full press release
Posted in Automotive, Business, Financial, Germany, Management
Net easing of credit standards continued for all loan categories in Q3 2014, although risk concerns re-emerged. Demand for loans increased across all loan categories but the contribution of firms’ financing needs related to fixed investment returned to negative territory. … Read the full press release
Posted in Banks, Business, European Union, Financial, Germany, Investment
Tagged bank lending survey, credit standards, ECB, loan
Regulation on supervisory fees sets out how the ECB recovers its expenditures for supervising the banking sector covered by the Single Supervisory Mechanism (SSM) ECB to fully assume its supervisory tasks on 4 November 2014 Frankfurt am Main, 30-10-2014 — … Read the full press release
EBRD and partners help reduce gas consumption, increase energy efficiency and improve heating services BALTI, Moldova, 30-10-2014 — /EuropaWire/ — Moldova has received a €7 million loan from the European Bank for Reconstruction and Development (EBRD) to modernise district heating … Read the full press release
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