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New member of the Executive Management team of Realkredit Danmark A/S
Globenewswire· 2025-10-31 06:41
Core Viewpoint - Realkredit Danmark A/S has appointed Thais Lærkholm Jensen to its Executive Management team, effective from January 1, 2026, enhancing its leadership and succession planning [1][3]. Group 1: Appointment Details - Thais Lærkholm Jensen has been with the Danske Bank Group since 2023, serving as Head of Products at Realkredit Danmark [2]. - He has held senior management positions at Danmarks Nationalbank and The Boston Consulting Group prior to this role [2]. - In addition to his new role in the Executive Management team, Thais will maintain his responsibilities as Head of Products, Business Development, and Funding [2]. Group 2: Leadership Impact - The Chairman of the Board, Christian Bornfeld, emphasized Thais' significant contributions to creating value for Realkredit Danmark and its customers [3]. - CEO Kamilla Hammerich Skytte highlighted Thais' strong customer focus and strategic skills, which have been instrumental in developing mortgage products [4]. - The Executive Management team will include Kamilla Hammerich Skytte, Bjarne Aage Jørgensen, Robert Wagner, and Thais Lærkholm Jensen starting January 1, 2026 [5].
Danske Bank's third-quarter net profit slightly beats forecasts
Reuters· 2025-10-31 06:40
Danske Bank , Denmark's biggest lender, reported third-quarter net profit slightly above expectations on Friday and said it expected its full-year net profit to be in the upper end of its guided range... ...
Good customer activity and strong credit quality led to solid results for the first nine months of 2025 Net profit of DKK 16.7 billion
Globenewswire· 2025-10-31 06:30
Core Insights - Danske Bank reported a net profit of DKK 16.7 billion for the first nine months of 2025, driven by strong execution of its Forward '28 strategy and resilient financial performance [1][8] - The bank's return on equity stood at 12.9%, indicating robust profitability despite a slight decrease from 13.4% in the same period of 2024 [10] Financial Performance - Total income for the first nine months of 2025 was DKK 41.6 billion, slightly down from DKK 41.8 billion in the same period of 2024 [10] - Net interest income decreased to DKK 27.2 billion year-on-year, impacted by the sale of the personal customer business in Norway and lower deposit margins, but supported by increased lending activity [4] - Net fee income rose by 2%, driven by strong customer activity, while net trading income increased by 12% due to positive market value adjustments [5] - Operating expenses remained stable at DKK 19.0 billion, consistent with the previous year [10] - Loan impairments were low at DKK 258 million, reflecting strong credit quality despite macroeconomic uncertainties [6][10] Customer Segments - Profit before tax for Personal Customers decreased to DKK 6,400 million, primarily due to lower net interest income and fee income [15] - Business Customers saw profit before tax increase by 11% to DKK 7,399 million, driven by loan impairment reversals and increased net fee income [16] - Large Corporates & Institutions reported a slight increase in profit before tax to DKK 7,079 million, supported by higher net interest income [17] Asset Management - Assets under management reached an all-time high of DKK 954 billion, driven by strong net sales, particularly in Private Banking and Institutional segments [7] Market Outlook - The macroeconomic environment remains stable, with expected growth in the Nordic region and Denmark, supported by lower interest rates and rising real incomes [12][13] - Nordic businesses maintain cautious optimism, with a relatively good near-term outlook despite uncertainties from global political issues [14] Future Guidance - Danske Bank expects net profit for 2025 to be in the upper range of DKK 21–23 billion, contingent on economic conditions [21]
ClearBank Joining Circle Payments Network to Expand European Access to USDC, EURC
Yahoo Finance· 2025-10-27 17:34
Fintech banking firm Clearbank has a strategic framework agreement with a subsidiary of stablecoin issuer Circle to expand USDC and EURC throughout Europe. According to an Oct. 27 press release, Clearbank plans to join the Circle Payments Network and integrate with Circle Mint and other relevant services. The firm says this partnership will allow it to provide banking clients access to faster cross-border remittances with lower fees. The two firms will also explore additional strategic use cases, includi ...
OTC Markets Group Expands European Footprint as Mega-Cap Companies Join OTCQX Market
Globenewswire· 2025-10-27 12:42
Core Insights - OTC Markets Group Inc. has expanded its European presence by adding Aviva PLC to the OTCQX® Best Market, reflecting a trend of major European companies engaging with U.S. investors [1][2] - The addition of Aviva PLC is part of a broader movement where several blue-chip companies have upgraded to OTCQX, including London Stock Exchange Group and Bayer AG, indicating a growing interest in U.S. market access [2] - In Q3 2025, OTC Markets experienced a 41% year-over-year increase in cross-border trading volume, with Europe representing 56% of the international dollar volume, showcasing heightened investor demand for international equities [3] Company and Industry Summary - OTC Markets Group operates regulated markets for trading 12,000 U.S. and international securities, providing a platform that supports efficient access to U.S. financial markets [5] - The company's "List Local. Trade Global" framework allows international companies to maintain their home exchange listings while facilitating U.S. trading in U.S. dollars, thus simplifying market access for foreign issuers [4] - OTC Markets' disclosure-driven markets have seen new clients such as Iberdrola and Société Générale, further enhancing its European market presence [2]
Danske Bank share buy-back programme: transactions in week 43
Globenewswire· 2025-10-27 09:18
Core Points - Danske Bank has initiated a share buy-back programme totaling DKK 5 billion, aiming to repurchase a maximum of 45 million shares from February 10, 2025, to January 30, 2026 [1][2] Group 1: Share Buy-Back Programme Details - The share buy-back programme is conducted in compliance with the Market Abuse Regulation and Safe Harbour Rules [2] - As of the last announcement, Danske Bank has accumulated 14,318,735 shares at an average price of DKK 246.8087, with a gross value of DKK 3,533,988,632 [3] - In week 43, a total of 491,781 shares were repurchased at an average price of DKK 273.3594, amounting to a gross value of DKK 134,432,936 [4] - The total number of shares repurchased under the programme has reached 14,810,516, representing 1.774% of Danske Bank's share capital [4]
Danske Bank share buy-back programme: transactions in week 42
Globenewswire· 2025-10-20 08:00
Core Points - Danske Bank has initiated a share buy-back programme totaling DKK 5 billion, aiming to repurchase a maximum of 45 million shares from February 10, 2025, to January 30, 2026 [1][2] Group 1: Share Buy-Back Programme Details - The share buy-back programme is conducted in compliance with the Market Abuse Regulation and Safe Harbour Rules [2] - In week 42, Danske Bank repurchased a total of 477,204 shares at an average price of DKK 272.6019, amounting to a gross value of DKK 130,086,706 [3][4] - Cumulatively, as of the latest announcement, Danske Bank has repurchased 14,318,735 shares under the programme, representing 1.715% of its share capital [4]
PRESS RELEASE: CMB.TECH NV announces fixed income investor meetings
Globenewswire· 2025-10-20 06:49
Core Viewpoint - CMB.TECH NV is initiating fixed income investor meetings to potentially issue a USD denominated five-year senior unsecured bond, with proceeds aimed at general corporate purposes and refinancing existing debt [1]. Company Overview - CMB.TECH is one of the largest listed, diversified maritime groups globally, operating a fleet of approximately 250 vessels, including dry bulk vessels, crude oil tankers, chemical tankers, container vessels, offshore wind vessels, and port vessels [2]. - The company also provides hydrogen and ammonia fuel to customers, sourced from its own production or third-party producers [2]. - CMB.TECH is headquartered in Antwerp, Belgium, with offices across Europe, Asia, the United States, and Africa [3]. Stock Information - CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol "CMBT," and on Euronext Oslo Børs under the ticker symbol "CMBTO" [3].
X @Bloomberg
Bloomberg· 2025-10-13 13:37
Industry Trend - Scandinavian banks Svenska Handelsbanken and Danske Bank have launched new equity funds [1] - The new equity funds are focused on defense and security [1]
Danske Bank share buy-back programme: transactions in week 41
Globenewswire· 2025-10-13 08:00
Core Points - Danske Bank has initiated a share buy-back programme totaling DKK 5 billion, with a maximum of 45 million shares to be repurchased from February 10, 2025, to January 30, 2026 [1][2] Summary by Sections Share Buy-Back Programme - The share buy-back programme is in compliance with the Market Abuse Regulation and the Safe Harbour Rules [2] - As of the last announcement, Danske Bank has repurchased 13,456,701 shares at an average price of DKK 245.2052, totaling a gross value of DKK 3,299,653,102 [3] - In week 41, the bank repurchased a total of 384,830 shares at an average price of DKK 270.8958, amounting to a gross value of DKK 104,248,824 [4] - The total number of shares repurchased under the programme has reached 13,841,531, representing 1.658% of Danske Bank's share capital [4]