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Thema: Business- und Bankenglisch

In diesem Thema sind folgende Beiträge:

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06. Dez 2006   

ING Group announced today that it has reached a final agreement with
Astron, an RR Donnelley company, for the processing of banking and
insurance documents in the Netherlands and Belgium.

The agreement follows the signing of the Memorandum of Understanding
on 18 May 2006 and has a value of EUR 350 million based on a
seven-year period. Approximately 750 employees in the Netherlands,
Belgium and Poland will be transferred to Astron. The contract will
take effect on 1 April 2007.

The agreement is the second outsourcing contract to be finalised
within the Operations and IT efficiency programme that was announced
on November 2, 2005.

Verfasst von  A.Schuetz


04. Dez 2006   

London/Zurich - the Baloise Insurance Group (Baloise), one of Europe's
leading insurers with CHF 65 billion of assets under management, has
selected BNP Paribas Securities Services (BNP Paribas) to provide global
custody and investment administration services in multiple locations across

This landmark transaction encompasses the pan-European asset-servicing
requirements of 16 different Baloise entities located in the firm's home
market of Switzerland as well as in Germany, Luxembourg and Belgium.

Under the arrangement, local Baloise entities will benefit from a global
custody service delivered locally in home markets and jurisdictions,
meeting their needs in terms of on-the-ground operations and local client
relationship management. And at the Group level, Baloise will benefit from
a single provider relationship, harmonised procedures, operational scale,
and consolidated Headquarters reporting for all of Baloise's investment
portfolios held across Europe.

In addition to global

Verfasst von  A.Schuetz

    weiterlesen... 'Baloise Insurance group appoints BNP Paribas Securities Services as global custodian in landmark pan-european mandate'

04. Dez 2006   

with SNS Reaal to sell Regio Bank for EUR 50.5 million.

Regio Bank services its clients through 380 franchises in the
Netherlands and currently has 110 employees. ING will focus on its
Dutch insurance and retail banking business through its primary sales
channels of Nationale-Nederlanden, Postbank, ING Bank, Westland
Utrecht and RVS.

For ING Group, the intended

Verfasst von  A.Schuetz

    weiterlesen... 'ING to sell Regio Bank to SNS Reaal'

01. Dez 2006   

Rome, 1st December 2006. Following the acquisition of BNL by BNP Paribas
earlier this year, the senior management of the BNP Paribas Group and the
management of BNL are hosting today in Rome an Investor Conference chaired
by Baudouin Prot, CEO of BNP Paribas. During this event they will jointly
present the new strategies and main initiatives to develop the Group in
Italy, its second home market in Europe.

Following the conclusion of comprehensive analytical work involving around
800 people from BNP Paribas and BNL in all business lines and functions,
initial estimates on cost

Verfasst von  A.Schuetz

    weiterlesen... 'BNP Paribas Investor Day in Rome "Italy: developing our second home market"'

28. Nov 2006   

BNP Paribas is pleased to announce that it has won the Bank Deal of the
Year award for its acquisition of Banca Nazionale del Lavoro (BNL) at the
annual Retail Banker International Global Awards dinner in London on the 27
November 2006. The dinner, attended by delegates from banks around the
globe, is where the industry's leading players are acknowledged for their
achievements over the last 12 months.

According to Diane Sim, Managing Director for VRL KnowledgeBank, the
magazine's publishers, "The award recognizes BNP Paribas' swift and
decisive action in seizing control of BNL and succeeding where the Italian
bank's earlier suitors failed",

The deal gave

Verfasst von  A.Schuetz

    weiterlesen... 'BNP Paribas awarded with the global "Bank Deal of the Year"'

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