(IN BRIEF) Amundi and Banco Sabadell have extended their partnership for an additional five years, continuing their collaboration until 2035. The partnership, which began in 2020 and was initially planned to run until 2030, allows Amundi to distribute its investment … Read the full press release
Posted in Banks, Business, Financial, France, Investment, Management, Spain
Tagged 000 branches, 1, 2020 partnership, 2030 original agreement, 2035 extension, 7 million clients, Amundi, Amundi and Banco Sabadell Extend Partnership Until 2035, Amundi Renews Spanish Investment Distribution Partnership With Banco Sabadell, asset management, Banco Sabadell, Banco Sabadell and Amundi Extend Fund Distribution Agreement for Five More Years, banking group, branch network, Business Growth, client service, digital banking, distribution agreement, Employees, European savings market, financial guidance, five-year extension, fund business, fund distribution, INNOVATION, Investment Products, Investment Solutions, long-term partnership, long-term value, partnership extension, Retail Banking, savings market, service quality, shareholders, Spain, Spanish investment market, Spanish savings market, wealth management
(IN BRIEF) Aviva and Age UK have launched an industry-first mid-retirement MOT pilot to help retirees manage pension savings, finances and wider later-life needs. The pilot follows research showing that only 48% of mid-retirees are confident their private pension savings … Read the full press release
Posted in Financial, Insurance, Investment, Non Profit, Society, United Kingdom
Tagged Age UK, ageing population, Aviva, Aviva and Age UK Partner to Help Retirees Navigate Later-Life Financial Decisions, Aviva and Age UK Trial New Support Model for Retirees Managing Pension Savings, Bristol, Budgeting, Defined Contribution pension, Department for Work & Pensions, estate planning, financial guidance, Fixed Income, household bills, Ignition House, later-life finances, Michele Golunska, mid-retirees, mid-retirement MOT, Mid-Retirement MOT Pilot Aims to Close Guidance Gap for Older Pension Savers, National Advice Line, Norwich, Office for National Statistics, older people, Paul Farmer, pension guidance gap, pension savings, Pensions Commission, Pensions UK Retirement Living Standards, Power of Attorney, private pension, retirement income, retirement planning, scams and fraud prevention, Sheffield, state support, York
(IN BRIEF) Barclays has agreed to acquire GoHenry, the UK money management platform for children and teenagers aged 6 to 18, from Acorns Grow Incorporated, with completion expected in the fourth quarter of 2026 subject to regulatory approvals and other … Read the full press release
Posted in Banks, Business, Education, European Union, Financial, Internet & Online, Investment, Management, Society, Technology, United Kingdom
Tagged 6 to 18 year olds, Acorns, Acorns Early, Acorns Grow Incorporated, Barclays, Barclays Bank UK PLC, Barclays Expands Family Banking Strategy With Planned Acquisition of GoHenry From Acorns, Barclays PLC, Barclays to acquire GoHenry to expand youth banking and family financial education offering in the UK, Barclays UK, Barclays UK to Acquire GoHenry Money App for Children and Teenagers, CET1 ratio, children and teenagers, children’s banking, cloud-based technology platform, England, financial education, financial education in schools, financial guidance, financial targets, financial wellness, GoHenry, GoHenry Limited, GoHenry to Join Barclays as Bank Builds Broader Financial Journey for Families and Young Customers, household banking, Junior ISA, London, Louise Hill, Marina Shchukina, mass affluent households, Mighty Acquisition Sub Ltd, money lessons, money management app, Money Missions, net promoter score, Noah Kerner, NPS, NSPCC, PARENTAL CONTROLS, Pixpay, prepaid debit card, regulatory approvals, savings goals, standalone app, Susie Guo, UK families, United Kingdom, Vim Maru, youth banking
(IN BRIEF) BNP Paribas has outlined the growth strategy for its Commercial and Personal Banking business in Belgium and raised its profitability targets for the unit, reflecting stronger expectations for revenue growth, efficiency gains and disciplined capital management. CPBB holds … Read the full press release
Posted in Banks, Belgium, Economy, Financial, France, Government, Industrial, Investment, Management, Marketing, Technology
Tagged Affluent and Mass Market banking, artificial intelligence, banking strategy, Belgium, BNP Paribas, BNP Paribas Commercial and Personal Banking in Belgium, BNP Paribas Lifts CPBB 2028 and 2030 Profitability Ambitions as Belgian Business Supports Group ROTE Trajectory, BNP Paribas Outlines Growth Strategy for CPBB and Targets 25 Percent Pre-Tax RONE by 2030, BNP Paribas Raises Profitability Targets for Belgian Commercial and Personal Banking Business Through 2030, CAGR, client relationships, Commercial and Personal Banking in the Eurozone, corporate banking, cost income ratio, cost of risk, CPBB, CPBE, CPBS, customer loan outstandings, deposit mix, digital transformation, ECB rate, Eurozone commercial banking, financial guidance, Investor Relations, loans and deposits, long-end rates, net interest income, positive jaws, pre-tax RONE, Private Banking and Wealth Management, profitability targets, return on notional equity, return on tangible equity, revenue growth, risk weighted assets, RONE, RoTE, RWA, Virtual Assistant
(IN BRIEF) Airbus has finalized an agreement with Spirit AeroSystems to acquire key production assets critical to its commercial aircraft programmes. This includes the acquisition of multiple facilities across the U.S., France, Morocco, Northern Ireland, and Scotland. The deal, valued … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Government, Industrial, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged A220, A350, acquisition, aerospace industry, Airbus, Airbus 2025, aircraft manufacturing, aviation supply chain, commercial aircraft, corporate partnership, EBIT Adjusted, financial guidance, partnership, production assets, Spirit AeroSystems
(IN BRIEF) Landis+Gyr Group AG has provided an update on its strategic initiatives and revised financial outlook for fiscal year 2024. The company has decided to exit the EV charging business in the EMEA region due to unfavorable market conditions, … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Adjusted EBITDA, Americas, Americas business, discontinued operations, electric vehicle charging, EMEA, EMEA business, EV charging, financial guidance, financial outlook, FY 2024, FY 2024 results, goodwill impairment, impairment, inventory obsolescence, Landis+Gyr, market conditions, next-generation products, post-Covid demand, regulatory changes, restructuring charges, revenue decline, second-half growth, strategic initiatives
(IN BRIEF) Nagarro has issued its financial guidance for 2025, projecting revenues between €1,020 million and €1,080 million, with a gross margin of around 30% and an adjusted EBITDA margin of 14.5% to 15.5%. CEO Manas Human expressed confidence in … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged 2025 outlook, adjusted EBITDA margin, dividend policy, EBIT, financial guidance, financial targets, gross margin, growth strategy, inorganic growth, loan facilities, Manas Human, Nagarro, organic growth, revenues, share buy-back, Shareholder Value, strategic partnerships
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