Archive for the ‘Finance’ Category

Daily Overview of Global Markets & the SEE Region (3 March 2015)

Daily Overview of Global Markets & the SEE Region (3 March 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD/JPY’s upside momentum came to a halt in European trade on Tuesday following comments by an economic adviser to Japan’s Prime...
March 3rd, 2015 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global markets & the SEE Region (Monday, March 2, 2015)

Daily Overview of Global markets & the SEE Region (Monday, March 2, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD retained a firm tone in European trade on Monday supported by market expectations that the Fed will embark on a rate tightening...
March 2nd, 2015 | Associations, Banking, Company Profiles, Finance, Markets, News, Person Profiles, Politics and Government, Reports, Shipfinance, Statistics, Stock Markets | Read More

DVB Bank increases consolidated net income (before taxes and IAS 39)

DVB Bank increases consolidated net income (before taxes and IAS 39)
Wolfang F. Driese Frankfurt/Main,  2 March 2015 – DVB Bank SE (ISIN DE0008045501), the international transport finance specialist, postedconsolidated net income before taxes and IAS 39 of EUR116.8 million – up 10.2%. Results before IAS 39 were up 6.9%, to EUR304.5 million (2013: EUR284.8...
March 2nd, 2015 | Banking, Company Profiles, Finance, Reports, Shipfinance | Read More

Heritage Group buys 33% stake in MGA specialist Ambant Underwriting Services

Heritage Group buys 33% stake in MGA specialist Ambant Underwriting Services
Richard Tee of Heritage Group. Heritage Group buys 33% stake in MGA specialist Ambant Underwriting Services By James Brewer Insurance and financial services specialist Heritage Group has taken a 33% stake in City -headquartered Ambant Underwriting Services (AUS), which provides launch and host services...
February 27th, 2015 | Associations, Company Profiles, Finance, HR, Insurance and Reinsurance, Mergers and Acquisitions, News | Read More

Daily Overview of Global markets & the SEE Region (Friday, February 27, 2015)

Daily Overview of Global markets & the SEE Region (Friday, February 27, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD retained a firm tone in European trade on Friday favoured by hawkish comments by a couple of FOMC members y-day which supported...
February 27th, 2015 | Banking, Company Profiles, Finance, HR, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (25 February 2015)

Daily Overview of Global Markets & the SEE Region (25 February 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was modestly weaker in early European trade on Wednesday amid increased expectations that the Fed will probably not rush to push...
February 25th, 2015 | Associations, Banking, Company Profiles, Energy, European Union, Finance, HR, Markets, News, Organisations, Politics and Government, Reports, Shipfinance, Statistics, Stock Markets | Read More

HSH Nordbank finances second wind farm in Finland

HSH Nordbank finances second wind farm in Finland
Patrick Miljes HAMBURG/KIEL HSH Nordbank has provided project finance for the second wind farm in Finland. The Bank made long-term finance of some EUR 45.2 million available to the second part of the Ylivieska Pajukoski project, consisting of seven Vestas V126 turbines with a hub height of 137 meters...
February 25th, 2015 | Alternative Sources of Energy, Banking, Energy, Finance | Read More

The BDI struggles to remain afloat at 516…

The BDI struggles to remain afloat at 516…
The Baltic Exchange BDI up 4 at 516…and fits well I do feel great comfort in my Levis 516; it fits well like the BDI, what do you have to say, eh! Today’s figures confirm once again our two year old prediction that there is no sustainability in the markets. In January 2014 I had vehemently objected...
February 24th, 2015 | Banking, Chartering, Dry Bulkcarriers, Energy, Environment, Finance, Fixtures, Gas, Gas Carriers, LNG, LPG, Markets, News, Oil Industry, Oil Platforms and Rigs, Sales and Purchases, Ship Demolitions, Shipfinance, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

HSH Nordbank AG: Asia increasingly important for European shipping sector

HSH Nordbank AG: Asia increasingly important for European shipping sector
Ingmar Loges   Asia increasingly important for European shipping sector Survey: 80 percent believe capital providers from Asia are on the advance Access to cargo, crew and capital are drivers of local presence in Asia Strategic decisions still taken in home country European shipowners substantially...
February 24th, 2015 | Banking, Company Profiles, Finance, Markets, Press and Media, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (24 February 2015)

Daily Overview of Global Markets & the SEE Region (24 February 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Major European bourses were modesty weaker in early trade on Tuesday, pressured by market anxiety ahead of FOMC Chairman Janet Yellen’s...
February 24th, 2015 | Associations, Banking, Company Profiles, European Union, Finance, Markets, News, Organisations, Person Profiles, Politics and Government, Press and Media, Reports, Shipfinance, Statistics, Stock Markets | Read More

DVB Bank SE: DVB closes first aircraft asset backed securitisation

DVB Bank SE: DVB closes first aircraft asset backed securitisation
    Stephan Sayre Frankfurt/Main, 23 February 2015 – On Friday, 20 February 2015, DVB Bank SE’s (DVB) Aviation Investment Management team, in its capacity as investment advisor to the Deucalion Aviation Funds, completed the sale of 20 aircraft valued at approximately US$814 million...
February 23rd, 2015 | Airline Industry, Aviation, Banking, Finance, News | Read More

Greeks stand up for the dignity of their Nation – A Statement

Greeks stand up for the dignity of their Nation – A Statement
We have inserted herebelow the text of The Statement and also attached at the end the text with the Greek Translation including those who have signed/supported  same, as well as their status/professions/positions within the Greek and International spectrum. We hope soon to have thousands signing this...
February 21st, 2015 | Academia, Associations, At the end of the day..., Banking, Comment, Communication, EEZ, Energy, Environment, European Union, Finance, Holidays, HR, Immigration, Insight, Jobs, Labour Disputes, Letters, Markets, News, Organisations, Politics and Government, Press and Media, Religion, Reports, Shipfinance, Story of the Day, What Others Say | Read More

North P&I Club emerges ‘signicantly stronger’ from 2015 renewal

North P&I Club emerges ‘signicantly stronger’ from 2015 renewal
The ‘A’ rated North P&I club has emerged ‘significantly stronger’ from the 2015 renewal today (20 February 2015), further consolidating its position as one of the most financially secure and largest members of the International Group of P&I Clubs. According to chairman Pratap Shirke,...
February 20th, 2015 | Finance, Marine Equipment Products and Services, P and I Clubs | Read More

Daily Overview of Global markets & the SEE Region (Friday, February 20, 2015)

Daily Overview of Global markets & the SEE Region (Friday, February 20, 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity markets were little changed in early trade on Friday as investors eagerly await the outcome of today’s emergency Eurogroup...
February 20th, 2015 | Associations, Banking, Company Profiles, Finance, Markets, News, Person Profiles, Press and Media, Reports, Shipfinance, Stock Markets | Read More

HSH Nordbank increases US dollar funding – Transaction worth more than USD 360 million

HSH Nordbank increases US dollar funding – Transaction worth more than USD 360 million
Mark Busmann   Commercial real estate loans as collateral Third refinancing using asset-based funding platform HAMBURG/KIEL HSH Nordbank has successfully completed a further large US dollar funding transaction. For the “CASTELLUM ABF” transaction amounting to USD 360 million HSH Nordbank again...
February 20th, 2015 | Banking, Finance, Shipfinance | Read More

Did events in Ukraine force the change of Greek tactics?

Did events in Ukraine force the change of Greek tactics?
Dr. Andreas Koutras Did events in Ukraine force the change of Greek tactics? by Dr. Andreas Koutras Many analysts justified the recent change of heart of the Greek government to Eurogroup’s ultimatum and the hard stance of the German finance minister and the rest of the 17 finance ministers. This...
February 20th, 2015 | Associations, Banking, Bribery and Corruption, Comment, Defense, Disputes, Energy, Environment, European Union, Finance, Immigration, Insight, News, Organisations, Piracy and Terrorism, Politics and Government, Press and Media, Religion, Reports, Sanctions, Strikes, Trade and Commerce, UN | Read More

Daily Overview of Global markets & the SEE Region (Wednesday, February 18, 2015)

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European and Asian stock markets rose on Wednesday and in Wall Street, the S&P 500 index closed at a record high slightly above 2, 100...
February 18th, 2015 | Associations, Banking, Company Profiles, Finance, HR, Markets, News, Reports, Shipfinance, Stock Markets | Read More

HSH Nordbank AG: Edwin Wartenweiler to leave the Management Board

HSH Nordbank AG: Edwin Wartenweiler to leave the Management Board
HAMBURG/KIEL The CRO of HSH Nordbank AG, Edwin Wartenweiler (56), will not be extending his current contract, which runs until 31 May 2015. Following three successful years on HSH Nordbank’s Management Board, Mr. Wartenweiler is leaving his position at his own request in order to take up new career...
February 18th, 2015 | Banking, Company Profiles, Finance, HR, Jobs, Person Profiles, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (17 February 2015)

Daily Overview of Global Markets & the SEE Region (17 February 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS  WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Most major European equity markets reversed early losses on Tuesday, largely shrugging off news that yesterday’s Eurogroup did not...
February 17th, 2015 | Associations, Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (16 February 2015)

Daily Overview of Global Markets & the SEE Region (16 February 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of major European equity markets opened modestly lower on Monday as investors eagerly await the outcome of today’s Eurogroup,...
February 16th, 2015 | Associations, Banking, Finance, HR, Markets, News, Person Profiles, Press and Media, Reports, Shipfinance, Stock Markets | Read More

Moore Stephens says offshore maritime sector must watch costs and risk exposure

Moore Stephens says offshore maritime sector must watch costs and risk exposure
Cassie Forman International accountant and shipping adviser Moore Stephens says companies in the offshore maritime sector need to keep a close watch on costs and manage their exposure to risk in the wake of the dramatic fall in oil prices. Cassie Forman, a director with the Moore Stephens Shipping &...
February 13th, 2015 | Accountancy, Bunkering, Company Profiles, Finance, News, Oil Industry, Shipmanagement | Read More

With the BDI at 540, investing in shipping now, does make sense!

With the BDI at 540, investing in shipping now, does make sense!
John Faraclas It probably sounds a bit odd but the truth of the matter is that investing in shipping now that the BDI is on a free fall (it was all along over the last 14 months) does make sense. Today’s minus 13 points it might be the lucky number – Agatha Christie knew best! John Faraclas writes:  With...
February 12th, 2015 | Academia, Associations, At the end of the day..., Aviation, Banking, Breaking News, Bribery and Corruption, Comment, Corruption, Finance, HR, Maritime Fraud, Military, Shipfinance, Shipping Indices | Read More

Daily Overview of Global Markets & the SEE Region (11 February 2015)

Daily Overview of Global Markets & the SEE Region (11 February 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of Asian stock markets closed broadly lower on Wednesday and European bourses fell modestly in early trade as investor caution...
February 11th, 2015 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (10 February 2015)

Daily Overview of Global Markets & the SEE Region (10 February 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Most European bourses reversed early losses to stand in a marginally positive territory at the time of writing amid expectations that the...
February 10th, 2015 | Associations, Banking, Company Profiles, Finance, News, Press and Media, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (9 February 2015)

Daily Overview of Global Markets & the SEE Region (9 February 2015)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMNTS GLOBAL MARKETS:  European stock markets opened broadly lower on Monday, on mounting global growth concerns amid downbeat January trade data from China....
February 9th, 2015 | Associations, Banking, Company Profiles, Consumers Market, European Union, Finance, Markets, News, Organisations, Person Profiles, Politics and Government, Reports, Shipfinance, Statistics, Stock Markets | Read More