Toronto (ots/PRNewswire) - BMO (TSX: BMO) (NYSE: BMO) has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation ("TRC Capital") to purchase up to 1 million BMO common shares, or approximately 0.14% of the common shares outstanding, at a below-market price of CAD $113.55 per share. BMO recommends that shareholders reject TRC's ...
Lugano (ots) - Following a highly turbulent year, which saw the outbreak of the war in Ukraine and abrupt interest rate rises by the main central banks around the world, the Cornèr Group has now posted good results in its 71st Annual Report. Revenues increased to CHF 436 million, whilst the net profit rose to CHF 53.2 million, representing a strong increase compared to the previous year (CHF 22.7 million). ...
BMO Financial Group - Strategy
Toronto and Chicago (ots/PRNewswire) - BMO (TSX: BMO) (NYSE: BMO) today announced that it has filed its 2023 Notice of Annual Meeting of Shareholders and Management Proxy Circular with applicable securities regulators. It further announced the release of its 2022 Sustainability reporting suite. Proxy Circular BMO's Annual Meeting of Shareholders will be held on ...
BMO Financial Group - Strategy
Toronto and Chicago (ots/PRNewswire) - BMO (TSX: BMO) (NYSE: BMO) today announced that it has filed its 2023 Notice of Annual Meeting of Shareholders and Management Proxy Circular with applicable securities regulators. It further announced the release of its 2022 Sustainability reporting suite. Proxy Circular BMO's Annual Meeting of Shareholders will be held on ...
Toronto (ots/PRNewswire) - BMO's First Quarter 2023 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended January 31, 2023, is available online at www.bmo.com/investorrelations and at www.sedar.com. Financial Results Highlights First Quarter 2023 Compared with First Quarter 2022: - Net income of $247 million, compared with $2,933 million; adjusted net income1,3 of ...
SERV Schweizerische Exportrisikoversicherung
Zurich (ots) - Today, the Swiss Export Risk Insurance SERV has published its guideline for supporting the transition to clean energy. In line with the COP26 Statement signed by Switzerland, SERV will no longer provide direct support to the international energy sector, which remains fully focused on the use of fossil ...
Zurich (ots/PRNewswire) - CLST, an institutional peer-to-peer lending platform for digital assets has announced the appointment of Roshan Robert as its President & COO starting February 2023. Mr. Robert will be joining as a cofounder to lead the expansion of the company across jurisdictions and to enhance the ...
BMO Financial Group - Appointments
Toronto (ots/PRNewswire) - BMO Financial Group today announced the appointment of Nadim Hirji as Group Head, BMO Commercial Banking. Mr. Hirji will report to Chief Executive Officer Darryl White and join the bank's Executive Committee. His appointment is effective March 1, 2023. "Across North America, BMO's commercial bankers are fueling the growth and resilience of our clients' businesses that help our economy thrive and ...
Brussels (ots/PRNewswire) - Continued strategic progress while navigating an exceptional operating environment Results for the Year Ending 31 December 2022 Highlights Record performance in an exceptional operating environment - Euroclear delivered a record business and financial performance in 2022, demonstrating its resilience against a challenging backdrop. - In 2022, both equity and fixed-income valuations declined for ...
London (ots/PRNewswire) - Third party payment providers can now service the fast-growing account-to-account payments market via a single integration to GoCardless GoCardless, a global leader in direct bank payments, has launched GoCardless Embed, a new integration for third party payment providers to access its global bank payment network and reap the benefits of bank-to-bank payments. GoCardless Embed, which comes white ...
BMO Financial Group - Acquisitions; BMO Financial Group US - Acquisitions
Toronto and Chicago (ots/PRNewswire) - BMO Financial Group (TSX: BMO) (NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced today it has completed the acquisition of Bank of the West from BNP Paribas (XPAR: BNP). BMO's acquisition of Bank of the West brings nearly 1.8 million customers to BMO and extends its banking presence through more than 500 additional branches ...
Athens, Greece (ots/PRNewswire) - J.P. Morgan to own 48,5% stake in Viva Wallet Today, Viva Wallet and J.P. Morgan announce closing on a 48,5% ownership stake in Viva Wallet Holdings Software Development S.A. (Viva Wallet). Haris Karonis and Makis Antypas, founders of Viva Wallet, secure their majority shareholding after the closing of the Transaction, as they hold 51,5% of shares in Viva Wallet. As part of the ...
Hilden, Germany (ots/PRNewswire) - The new financing provides for a €225 million senior secured term loan alongside a €40 million multi-currency senior revolving credit facility. ASK Chemicals, a leading global supplier of high-performance industrial resins and materials, today announced that it has signed definitive agreements to refinance the company's existing senior secured credit facilities; consisting of a ...
Lugano/Zurich (ots) - Starting from Switzerland, Cornèr Group introduces Visa Commercial Pay (VCP), supporting companies to quickly digitize B2B payments. The increasing pace of digitalisation in business processes creates new demands for payment capabilities of companies. A comprehensivesolution by ...
Brussels (ots/PRNewswire) - Euroclear today provides an update on its performance to the end of the third quarter 2022. Financial Summary Euroclear continued to deliver a strong financial performance to the end of the third quarter 2022, with the underlying business performing well and benefitting from its ...
London (ots/PRNewswire) - The introduction of its second 'payment intelligence' product comes as merchants facing economic headwinds look for ways to address lost revenue GoCardless, a global leader in bank payment solutions, has launched Protect+, an end-to-end fraud prevention solution that detects fraudulent activity and protects merchants from potential losses ...
Amsterdam (ots/PRNewswire) - The live online event will feature a panel of thought leaders from business and academia who will discuss how the clean energy transition could reshape global trade, and impact supply chains, business liquidity and trading risks. Details of the event: Date: Thursday, 27 October 2022 Time: 10 am CET Duration: 45 minutes panel discussion, ...
London and Mumbai, India (ots/PRNewswire) - In a strategic move to further strengthen its cross-border payment solutions, TerraPay, a leading global payments infrastructure group today announced its partnership with NPCI International Payments Limited (NIPL), the International arm of National Payments Corporation of ...
Toronto (ots/PRNewswire) - BMO's Third Quarter 2022 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended July 31, 2022, is available online at www.bmo.com/investorrelations and at www.sedar.com. Financial Results Highlights Third Quarter 2022 Compared with Third Quarter 2021: - Net income of $1,365 million, compared with $2,275 million; adjusted net income1,3 of ...
Sibiu, Romania (ots/PRNewswire) - Elrond's EGLD token powering the internet-scale blockchain network which serves as an infrastructure for Web3 payments, DeFi and the new Metaverse economy, has been added to the list of cryptocurrencies available on Revolut, making it accessible for trading on the popular fintech ...
Zug, Switzerland (ots/PRNewswire) - Klarpay AG has completed another milestone with the integration of Visa's B2B Connect product to its services. This latest achievement enables Klarpay's business customers to perform cross-currency outbound payments from Klarpay accounts to 90+ countries and 70+ currencies via its Dashboard and APIs. Swiss fintech Klarpay AG has ...
Gurugram, India (ots/PRNewswire) - - Oversubscribed 1.4X, highlighting ReNew's strong financial profile - Consortium of 12 international lenders, including seven first-time project lenders to ReNew - Largest renewable project with 1,300-MW capacity; unique project with Round-the-Clock (RTC) power supply, ...
Berlin (ots/PRNewswire) - Sub: Chargeback Protection Solution handles/addresses new types of fraud in ticketing and travel Fraugster, an AI payment intelligence company, together with Worldline, a global leader in secure payments and trusted transactions, has confidently enabled travel merchants to weather the storm of the Covid-19 pandemic with its Chargeback ...
Geneva (ots/PRNewswire) - - The acquisition represents a further investment by FNZ in the growing private banking sector and will increase its presence in the cross-border wealth centers of Switzerland, Liechtenstein and Luxembourg. - New Access' award-winning private banking digital solutions and talent will further enhance FNZ's transformational full service, ...
Berlin (ots/PRNewswire) - Fraugster, a payment intelligence company which is the first player to offer compliance, chargeback protection, risk management solutions and credit scoring via one AI platform and one integration, today announced the publication of its first Payment Intelligence Report 2022. This provides ...
Washington, DC (ots) - --News Direct-- Treliant, an essential, global consulting partner to the financial industry, has named international bank executive, Frank Morisano to the newly formed position of Senior Managing Director, Credit Solutions. This position was created to address significant increases in demand ...
Vaduz (ots) - In its meeting on 17 November 2020, the Government adopted an amendment to the Banking Ordinance (BankV) based on Article 3 of the Banking Act (BankG). That amendment created the possibility for banks or investment firms with registered offices in the United Kingdom of Great Britain and Northern ...
Amsterdam (ots/PRNewswire) - As inflation darts upwards, increasing pressure on their liquidity and borrowing power, USMCA companies strengthen credit risk management to protect profitability over the coming months The impact of the alarming surge of inflation on businesses, and the consequent need to take measures ...