|
|
As part of the bank´s aim to improve its capital structure, Swedbank Försäkring (insurance company) has paid SEK 970m as dividend to Swedbank Robur. At the same time Swedbank Försäkring has received a shareholders’ contribution of SEK 625m. (1888PressRelease) June 29, 2009 - As Swedbank Försäkring is not consolidated in the financial companies group, the transaction increases Swedbank’s Tier 1 capital by SEK 970m and the total capital base increases by SEK 345m. This corresponds to an increase of the Tier 1 capital ratio of about 14 bp and an increase of the total capital adequacy ratio of about 5 bp pro forma as of 31 March 2009, based on fully implemented Basel 2 rules. The transactions do not impact the income statement. Further information, please contact: Johannes... [read full story]
Botanist John Janovec (left) of the Botanical Research Institute of Texas scans a river bank for new species, as he, Jefferson Ballón (center) and William Nauray return from an orchid-collecting expedition in the cloud forest...
BANGALORE, India & CHENGDU, China --(Business Wire)-- Wipro Technologies , the global IT services business of Wipro Limited (NYSE:WIT) announced the inauguration of its global delivery centre at Chengdu, China to provide IT &...
Daiwa SB Asset Management seeks $300 million QFII quota * Daiwa Securities expects M&A in Asia next year * Hong Kong Daiwa's new Asia headquarters (Adds comments, details, background and byline) By Farah Master HONG KONG, Nov...
London’s insurance sector were unsettled by analysis from Citigroup on Thursday, as the FTSE 100’s rally stalled. Legal & General was the index’s biggest single loser, down 3.2 per cent at 82p after Citi cut its rating on the...
