Global Banking & Finance

JANUARY 10, 2024

BMW retools Munich headquarters for all-electric production from 2027 BERLIN (Reuters) -BMW is investing 650 million euros ($711 million) to convert its main plant in Munich to exclusively produce EVs from the end of 2027, the carmaker said on Wednesday, a major stepping stone in the transition to the electric age.

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Global Banking & Finance

DECEMBER 18, 2023

UK to implement carbon levy on imported goods by 2027 By Kylie MacLellan LONDON (Reuters) -Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with goods imported from countries with a lower or no carbon price having to pay a levy as part of decarbonisation efforts. The government said […]

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Global Banking & Finance

FEBRUARY 2, 2024

AbbVie raises 2027 sales forecast for new immunology drugs to $27 billion By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Friday raised its 2027 forecast for sales of its immunology drugs Skyrizi and Rinvoq to $27 billion, up $6 billion from its previous prediction.

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Global Banking & Finance

MARCH 12, 2024

EU-frozen Russian assets to generate 15-20 billion until 2027, EU official says By Jan Strupczewski BRUSSELS (Reuters) – Russian assets, frozen in the European Union after Moscow’s invasion of Ukraine, are likely to generate between 15 billion and 20 billion euros in after-tax profits until 2027, depending on the evolution of global interest (..)

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European Investment Bank

NOVEMBER 29, 2023

"EIB Global Strategic Roadmap EU Finance for a Sustainable Future" provides an overview of the European Investment Bank's activities beyond the European Union and the need for a new approach. It emphasizes the alignment of EIB Global's activities with EU priorities, leveraging private investment, and promoting high EU standards.

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Global Banking & Finance

FEBRUARY 12, 2024

billion in 2023 to half a trillion by 2027. Luxury Eyewear Market Eyes Growth in 2024 Luxury brands, once exclusively associated with their towering brick-and-mortar locations, are now deriving most of their sales online. According to Insider Intelligence, worldwide personal luxury sales are set to grow from $415.4

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Global Banking & Finance

NOVEMBER 17, 2024

(Reuters) – Italy’s Enel plans to invest 43 billion euros ($45.30 billion) in the next three years, of which 26 billion euros will be allocated for power grids and the remainder for renewable projects, the utility said on Monday.

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Global Banking & Finance

DECEMBER 4, 2024

billion) in its British fleet over 2025-2027, it said on Wednesday, in a boost for the country’s energy security and efforts to meet its climate targets. By Susanna Twidale LONDON (Reuters) -EDF will extend the life of four of its British nuclear plants and invest 1.3 billion pounds ($1.64 Britain has a target to decarbonise […]

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Investment IT Securities Finance 52

Global Banking & Finance

DECEMBER 2, 2024

GDANSK (Reuters) – Poland’s top insurer PZU said on Monday it plans to sell its 32% stake in Alior Bank to Pekao, in which it holds 20%, as it seeks to regroup its banking activities under a new 2025-2027 strategy. Poland’s state assets minister Jakub Jaworowski said in September that PZU needed a strategy to […]

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Global Banking & Finance

DECEMBER 2, 2024

By Rafal Wojciech Nowak GDANSK (Reuters) -Poland’s top insurer PZU said on Monday it was considering selling its 32% stake in Alior Bank to Pekao, in which it holds 20%, as it seeks to simplify its structure under a new 2025-2027 strategy. PZU and Pekao, Poland’s second biggest lender, have signed a letter of intent […]

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Global Banking & Finance

NOVEMBER 19, 2024

billion by 2027 and separate its […] By Richa Naidu VEVEY, Switzerland (Reuters) – San Pellegrino and Perrier owner Nestle will spend the coming months carving out its 3.3 billion-Swiss-franc water business and is open to deals and partnerships, a top executive told Reuters.

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Global Banking & Finance

NOVEMBER 21, 2024

By Martyn Herman LONDON (Reuters) –Manchester City manager Pep Guardiola has signed a two-year contract extension that will keep him at the club until 2027, the Premier League champions said on Thursday. Spaniard Guardiola’s decision means he will spend more than a decade at the club he joined in 2016 and has led to a […]

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Management 40

Global Banking & Finance

NOVEMBER 21, 2024

By Rafal Wojciech Nowak GDANSK (Reuters) -Poland’s top insurer PZU will focus on its bank holdings when it reassesses the group structure as part of its 2025-2027 strategy, its CEO said on Thursday.

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Global Banking & Finance

JULY 11, 2024

Global Open Banking payments transaction values are expected to exceed $330 billion by 2027, up from $57 billion in 2023. Alex Reddish, Managing Director of Tribe Payments, an API-first digital payments and infrastructure orchestrator, outlines how the true potential of Open Banking remains untapped. But are they truly global?

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Global Banking & Finance

NOVEMBER 18, 2024

Presenting the group’s updated three-year strategy to 2027, Enel’s CEO Flavio Cattaneo said the company would press […]

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The TRADE

JULY 3, 2024

The issue has been flagged by participants in various arenas, most recently on stage at the inaugural CMX conference held by the Finance Hive last week. The UK put together a taskforce in 2022, releasing its first report in March of this year that confirmed that the UK should move to T+1 no later than December 2027.

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Cooley M&A

JANUARY 25, 2024

Deal financing became more difficult and expensive, placing more emphasis on alternative funding and value creation. Dealmakers leaned into the fact that smaller deals are generally cheaper, as they require less financing and are subject to fewer regulatory hurdles, in each case, if any. trillion – representing a 10-year low.

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M&A Mergers and Acquisitions Investment Government 52

European Investment Bank

JANUARY 29, 2025

Under the 2025-2027 Operational Plan, approved by the Board of Directors in December 2024, the EIB Group signature target for 2025 is 95billion, and the disbursement target is between 58.3billion and 64.3billion. The European Investment Bank Groups Operational Plans are reviewed and updated every year.

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The TRADE

DECEMBER 17, 2024

ESMA announced last month that it would prepare for a move to T+1 in the EU by Q4 2027 in line with the UK. They cover the areas of success criteria, settlement, FMIs, static data, corporate actions, securities financing and FX.

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The TRADE

DECEMBER 20, 2024

We are also confident that our pioneering central clearing service for European securities financing transactions (SFTs) in equities and ETFs will resonate with market participants. The UK has outlined a roadmap targeting Q4 2027, but despite ample time to prepare, significant actions are likely to commence soon.

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