Author: USA Newsreport Online

Landesbank Baden-Württemberg (LBBW) 1H 2017: Consolidated profit before tax up 8.0 percent YoY

STUTTGART, 01-Sep-2017 — /EuropaWire/ — Landesbank Baden-Württemberg (LBBW) has improved its net profit in the first six months of 2017. In a still challenging environment, consolidated profit before tax rose by 8.0 percent to EUR 279 million (previous year: EUR 258 million). After tax, consolidated profit rose to EUR 201 million (previous year:

Switzerland: Georgian Vice Prime Minister Aleksandre Jejelava met with Federal Councillor Johann N. Schneider-Ammann in Bern

BERN, 01-Sep-2017 — /EuropaWire/ — Federal Councillor Johann N. Schneider-Ammann, the head of the Federal Department of Economic Affairs, Education and Research (EAER), met with Mr Aleksandre Jejelava, the Georgian Vice Prime Minister and Minister of Education and Science, in Bern on 29 August. The minister also met with Mauro Dell’Ambrogio, the State Secretary

Hervé Castres Saint-Martin becomes Arkema’s VP Raw material and Energy Procurement

Hervé Castres Saint-Martin becomes Arkema’s VP Raw material and Energy Procurement COLOMBES, 31-Aug-2017 — /EuropaWire/ — Arkema announces the appointment of Hervé Castres Saint-Martin as Arkema’s Vice President Raw material and Energy Procurement effective 1st September 2017. Hervé Castres Saint-Martin, 53 years old, graduated from the Paris Ecole Supérieure de Physique et Chimie Industrielles

Deutsche Bundesbank: low-interest-rate environment continues to weigh heavily on SME credit institutions in Germany

FRANKFURT, 31-Aug-2017 — /EuropaWire/ — The low-interest-rate environment continues to weigh heavily on small and medium-sized credit institutions in Germany. This was established by the latest survey on the profitability and resilience of German financial institutions in a low-interest-rate environment, which was undertaken by the Deutsche Bundesbank and the Federal Financial Supervisory Authority (BaFin)