La Défense

PPG appoints Jonathan Edwards as director, investor relations

Retrieved on: 
Monday, January 8, 2024
Automotive Manufacturing, Other Transport, Home Goods, Manufacturing, Retail, Aftermarket, Transport, Automotive, Interior Design, Other Construction & Property, Architecture, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Public Relations, Investor Relations, Communications, General Automotive, Chemicals, Plastics, Multimedia, CFO, LLP, Vanderbilt University, Business administration, MBA, Transitions Optical, La Défense, Arthur Anderson, University, Creativity, Management

PPG (NYSE:PPG) today announced that Jonathan Edwards, currently PPG assistant treasurer, has been promoted to director, investor relations, effective immediately.

Key Points: 
  • PPG (NYSE:PPG) today announced that Jonathan Edwards, currently PPG assistant treasurer, has been promoted to director, investor relations, effective immediately.
  • Edwards will report to Vince Morales, PPG senior vice president and chief financial officer (CFO).
  • View the full release here: https://www.businesswire.com/news/home/20240108936011/en/
    PPG announced that Jonathan Edwards, currently PPG assistant treasurer, has been promoted to director, investor relations, effective immediately.
  • The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

Virtual reality company Virtualware goes public on Euronext Paris

Retrieved on: 
Thursday, April 20, 2023
Virtual reality, Intellectual property, IPO, GE Hitachi Nuclear Energy, Ontario Power Generation, History, Sale, VR, La Défense, Access, Banco Sabadell, Growth, Torgeir Vraa, Security (finance), Renewable energy, Video game, Euronext Paris, Euronext

The shares of the company, founded in 2004, which today develops virtual reality solutions for major industrial, educational and healthcare conglomerates, will now be listed on the Access segment of Euronext Paris.

Key Points: 
  • The shares of the company, founded in 2004, which today develops virtual reality solutions for major industrial, educational and healthcare conglomerates, will now be listed on the Access segment of Euronext Paris.
  • Representing Euronext was Pablo Pérez-Orive, listing manager for Euronext in Spain.
  • Euronext is the pan-European stock exchange that groups together the stock exchanges of Paris, Amsterdam, Brussels, Oslo, Milan and Dublin.
  • VIROO aims to become the standard for developing industrial and educational Virtual Reality applications worldwide.

Virtualware will start trading in Paris on Thursday, at 27.25 million valuation

Retrieved on: 
Tuesday, April 18, 2023
CET, Biogen, Ontario Power Generation, VR, La Défense, GE Hitachi Nuclear Energy, Virtual reality, Torgeir Vraa, Tourism, Video game, Bayer, Euronext, Alstom

BILBAO, Spain and PARIS, April 18, 2023 (GLOBE NEWSWIRE) -- Virtualware , which develops industrial virtual reality platforms for the nuclear, medical, educational and defense industries, will be listed on Euronext Access Paris next Thursday, April 20, at a valuation of 27.25 million euros.

Key Points: 
  • BILBAO, Spain and PARIS, April 18, 2023 (GLOBE NEWSWIRE) -- Virtualware , which develops industrial virtual reality platforms for the nuclear, medical, educational and defense industries, will be listed on Euronext Access Paris next Thursday, April 20, at a valuation of 27.25 million euros.
  • In total, the company will make a total of 4.542 million shares available to the market, at a price of six euros per share, and under the ticker MLVIR.
  • The bell-ringing ceremony will take place at the Euronext building in La Defense in Paris on Thursday morning at 9.00 a.m CET.
  • Euronext is the pan-European stock exchange that groups together the stock exchanges of Paris, Amsterdam, Brussels, Oslo, Milan and Dublin.

Cécilia Manget Joins The NPD Group as Head of Foodservice Europe

Retrieved on: 
Tuesday, September 28, 2021
APAC, PORT, Negotiation, Woman, Head, Sport, Manget, The NPD Group, Book, Twitter, WIN, Video, Asia, Beauty, NPD, La Défense, Habit, Industry, Online shopping

PORT WASHINGTON, N.Y., Sept. 28, 2021 /PRNewswire-PRWeb/ --The NPD Group today announced that Ccilia Manget has joined the company as Head of Foodservice Europe.

Key Points: 
  • PORT WASHINGTON, N.Y., Sept. 28, 2021 /PRNewswire-PRWeb/ --The NPD Group today announced that Ccilia Manget has joined the company as Head of Foodservice Europe.
  • In her new role, Cecilia will oversee the continuing development of the company's foodservice practice, and the expansion of NPD's ongoing tracking of the foodservice markets throughout Europe.
  • NPD offers its services in 19 countries worldwide, with operations spanning the Americas, Europe, and Asia Pacific.
  • Prior to joining NPD, Ccilia spent 18 years at Nielsen, which included 15 years in the global fast-moving consumer goods industry.

EBA consults on technical standards to identify shadow banking entities

Retrieved on: 
Thursday, July 29, 2021
Money, Financial services, Finance, Eurozone, Agencies of the European Union, European Union, European Banking Authority, La Défense, Banking, Bank, Shadow banking system, EBA

26 July 2021

Key Points: 
  • 26 July 2021

    The European Banking Authority (EBA) launched today a public consultation on draft regulatory technical standards (RTS) setting out criteria for the identification of shadow banking entities for the purposes of reporting large exposures.

  • Entities that offer banking services and perform banking activities as defined in the draft RTS but are not regulated and are not being supervised in accordance with any of the acts that form the regulated framework are identified as shadow banking entities.
  • Finally, the draft RTS consider the situation of entities established in third countries and provide for a treatment that distinguishes between banks and other entities.
  • While developing the draft RTS, the EBA has relied as far as possible on the guidelines on limits on exposures to shadow banking (EBA/GL/2015/20), yet having due regard to international developments in shadow banking and taking into account the lack of third-country equivalence for institutions in certain jurisdictions.

EBA publishes its final Guidelines on the monitoring of the threshold for establishing an intermediate EU parent undertaking

Retrieved on: 
Thursday, July 29, 2021
European Union, European Union directives, Agencies of the European Union, Financial services, European Banking Authority, Eurozone, La Défense, Capital Requirements Directives, Banking

28 July 2021

Key Points: 
  • 28 July 2021

    The European Banking Authority (EBA) published today its final Guidelines on the monitoring of the threshold and other procedural aspects on the establishment of intermediate EU parent undertakings (IPU) as laid down in the Capital Requirements Directive (CRD).

  • In addition, these Guidelines specify certain procedural aspects related to the monitoring of the threshold by competent authorities and the establishment of the IPU where necessary.
  • In particular, clarification is provided on the notifications, to be provided to the EBA on an annual basis.
  • During the consultation period, the EBA received feedback from stakeholders, which led to amendments being introduced to clarify some specific provisions.

The European Banking Authority publishes a methodological guide to mystery shopping

Retrieved on: 
Thursday, July 22, 2021
Agencies of the European Union, European Union, European Banking Authority, Eurozone, La Défense, EBA, Mystery shopping, Government, Europe

21 July 2021

Key Points: 
  • 21 July 2021

    The European Banking Authority (EBA)published today a methodological guide to mystery shopping (MS).

  • The guide applies irrespective of whether the activity is carried out directly by the supervisors or outsourced to an external provider.
  • The mandate requires the EBA to 'coordinate mystery shopping activities of competent authorities, if applicable'.
  • As a first step, the EBA had published a report on mystery shopping activities of NCAs, which was published in May 2021.

EBA launches discussion on proportionality assessment methodology

Retrieved on: 
Thursday, July 22, 2021
Eurozone, European Banking Authority, European Union, La Défense, EBA, Proportionality, Government, Europe

22 July 2021

Key Points: 
  • 22 July 2021

    The European Banking Authority (EBA) publishes today a Discussion Paper aiming at gathering some preliminary input on how to standardise the proportionality assessment methodology for credit institutions and investment firms.

  • The discussion paper invites all market participants affected by the proportional treatment in the application of EBA regulatory products to provide their input.
  • In addition, the EBA intends to standardise the classifications and metrics for proportionality assessment, so as to enhance a common understanding on how proportional treatment in EBA Regulation is being assessed.
  • After addressing the comments of market participants, the EBA intends to finalise this document and make it a point of reference for proportionality assessment.

AM Best Assigns Preliminary Credit Assessment to North End Re Ltd.

Retrieved on: 
Thursday, July 22, 2021
Professional services, Insurance, Finance, STAR, Credit rating agencies, Professional services, Insurance, Finance, European Banking Authority, European Union, Eurozone, La Défense, Government, Finance

AM Best has assigned a Preliminary Credit Assessment (PCA) to North End Re Ltd. (Bermuda) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca (Excellent). The outlook assigned to these PCAs is stable. Currently, the company is a wholly owned direct subsidiary of Brookfield Asset Management Reinsurance Partners Ltd. [TSX: BAMR; NYSE: BAMR].

Key Points: 
  • AM Best has assigned a Preliminary Credit Assessment (PCA) to North End Re Ltd. (Bermuda) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of a- pca (Excellent).
  • North End Re Ltd. complements geographically its sister company, North End Re (Cayman) SPC, which also is starting its activities.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

EBA publishes final draft technical standards to improve supervisory cooperation for investment firms

Retrieved on: 
Monday, July 5, 2021
Eurozone, Agencies of the European Union, European Union, European Banking Authority, La Défense, Government, Europe

05 July 2021

Key Points: 
  • 05 July 2021

    The European Banking Authority (EBA) published today final draft regulatory technical standards (RTS) and Implementing Technical Standards (ITS) on cooperation and information exchange between competent authorities involved in prudential supervision of investment firms.

  • These draft standards are part of the phase 2 mandates of theEBA roadmap on investment firms, and aim at improving cooperation and information exchanges between the supervisors of investment firms.
  • The final draft RTS on colleges of supervisors for investment firm groups specify the conditions under which colleges of supervisors exercise their tasks.
  • All three standards apply to Class 2 and 3 investment firms and have been prepared reflecting on the supervisory experience in exchange of information and functioning of colleges for credit institutions, adjusting them to the needs of investment firms supervision and embedding the proportionality principle.