Summary Nordea Private Banking - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Nordea Private Banking (NPB) offers wealth planning, credit solutions, full-scale investment advisory, and estate planning services. Wealth planning includes bespoke wealth planning and tax repor...
>Economic uncertainties weigh heavily on prices - The European banking sector is down by 15% YTD, broadly in line with the European equity market (-16%), penalised by the crisis and economic uncertainties. The performance of the banking sector has been largely driven by the reflection of the impact of the crisis and the adverse impact from the 25x higher than normal gas price. Our economists forecast GDP growth in the EMU of 3.0% in 2022 and 0.5% in 2023, of which -0....
>Economic uncertainties weigh heavily on prices - The European banking sector is down by 15% YTD, broadly in line with the European equity market (-16%), penalised by the crisis and economic uncertainties. The performance of the banking sector has been largely driven by the reflection of the impact of the crisis and the adverse impact from the 25x higher than normal gas price. Our economists forecast GDP growth in the EMU of 3.0% in 2022 and 0.5% in 2023, of which -0....
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Communiqué de mise à disposition du second amendement au Document d'enregistrement universel 2020 Mise à disposition du second amendement au Document d’enregistrement universel 2020 Paris, le 6 août 2021 Natixis informe le public que le second amendement au Document d’enregistrement universel 2020 a été déposé auprès de l’Autorité des Marchés Financiers le 6 août 2021 sous le n° D.21-0105-A02. Le second amendement au Document d’enregistrement universel 2020 peut être sur le site Internet de la Société (> Données financières > Documents d’enregistrement universel / Documents ...
>Main points - The results of the 2021 stress tests were published on Friday evening. The application of new stress tests over 3 years to balance sheets at the end of 2020 already impacted by the crisis, naturally amounts to having an extremely cautious vision, which contrasts with the rebound in the banks' results in H1 2021.Of the 50 banks that participated in the stress tests, the following emerged:CET1 Adverse scenario: The weighted average fully loaded ...
>Points principaux - Le résultat des Stress Tests 2021 a été publié vendredi soir. L’application de nouveaux stress sur 3 ans à des bilans à fin 2020 déjà impactés par la crise, revient naturellement à avoir une vision extrêmement prudente, qui tranche avec le rebond des résultats des banques au S1 2021.Sur les 50 banques qui ont participé à ces Stress Tests, il en ressort :CET1 Scénario Adverse : Le CET1 fully loaded moyen pondéré est de 10.2% en 2023 dans...
Uncertainty around the spread of the Delta variant in Europe points to a risk of renewed targeted restrictions for the countries most affected like the UK. We are adopting a more conservative view on the capacity situation at IAG and easyJet (target prices lowered). Ryanair is now our Top Pick in the sector. - ...
>Discontinuation of our coverage of the stock after the result of BPCE’s tender offer - At the close of the simplified public tender offer made by BPCE for Natixis shares, which ran from 4 June 2021 to 9 July 2021 inclusive, BPCE announced that it owns 91.80% of Natixis’ capital and voting rights.In accordance with the notice published by the market authority on 13 July last, on 21 July next BPCE will carry out a mandatory squeeze-out of all the Natixis shares th...
Les incertitudes autour de la propagation du variant Delta en Europe laissent planer un risque de retour de restrictions ciblées à l’encontre des pays les plus affectés à l’image du RU. Nous adoptons donc une vision plus conservatrice sur l’évolution des capacités chez IAG et easyJet (OC ajustés en baisse). Ryanair devient notre top pick sur le secteur. - ...
>Arrêt de la couverture du titre après le résultat de l’offre BPCE - A la clôture de l’offre publique d’achat simplifiée déposée par BPCE sur les actions Natixis, qui a été ouverte du 4 juin 2021 au 9 juillet 2021 inclus, BPCE a annoncé détenir 91.80% du capital et des droits de vote de Natixis.Conformément à l’avis de l’Autorité des marchés financiers publié le 13 juillet dernier, BPCE procèdera le 21 juillet prochain au retrait obligatoire de toutes les actions...
Résiliation du contrat de liquidité Paris, le 12 juillet 2021 Résiliation du contrat de liquidité À la suite de l’annonce par BPCE le 8 juillet 2021 de l’acquisition de plus de 90% du capital et des droits de vote de Natixis dans le cadre de son offre publique d’achat simplifiée permettant la mise en œuvre d’une procédure de retrait obligatoire visant les titres de Natixis, Natixis a résilié le contrat de liquidité conclu avec Oddo BHF le 27 juin 2018 et modifié par un avenant en date du 18 mars 2019. Cette résiliation a pris effet le 9 juillet 2021. Lors du début d’intervention ...
Termination of liquidity contract Paris, July 12th, 2021 Termination of liquidity contract Following BPCE’s announcement on July 8th, 2021 of the acquisition of more than 90% of the share capital and voting rights of Natixis as part of its simplified tender offer which will enable the implementation of a squeeze-out procedure for Natixis shares, Natixis terminated the liquidity contract entered into with Oddo BHF on June 27th, 2018 and amended on March 18th, 2019. This termination took effect on July 9th, 2021. At the start of the intervention (July 2nd, 2018), the following reso...
Strong growth ambitions for Natixis’ business lines at the heart of the “BPCE 2024” strategic plan Paris, July 8th, 2021 Strong growth ambitions for Natixis’ business lines at the heart of the “BPCE 2024” strategic plan Groupe BPCE presents today its new strategic plan “BPCE 2024.” This business development plan is based on three strategic priorities (Winning Spirit, Customers, Climate) and three key principles (Simple, Innovative, and Secure), and incorporates strong ambitions for its core business lines: Retail Banking & Insurance and Global Financial Services. Natixis’ busines...
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