Latest news with #BNPParibas
Scoop
15 hours ago
- Business
- Scoop
Three Major French Investors Reject Deep Sea Mining
Three major French financial institutions, including two of the country's largest banks and the state's public investment arm, have announced their rejection of deep sea mining during the United Nations Ocean Conference (UNOC) last week in Nice. The three institutions are: BNP Paribas - France's largest and Europe's second largest bank. BNP Paribas confirms it does not invest in deep sea mining projects due to the intrinsic environmental and social risks involved. Crédit Agricole - The second largest bank in France and the world's largest cooperative financial institution. Crédit Agricole stated it will not finance deep sea mining projects until it has been proven that such operations pose no significant harm to marine ecosystems. Groupe Caisse des Dépôts - The public investment arm of the French Government, which also holds a majority stake in La Banque Postale. The Group has pledged to exclude all financing and investment in companies whose main activity is deep sea mining, as well as in deep sea mining projects. Amundi Asset Management also made a statement that it seeks to avoid investment in companies 'involved in deep sea mining and/or exploration'. This now brings to 24 the number of financial institutions who exclude deep sea mining in some form. Deep Sea Mining Campaign Finance Advocacy Officer Andy Whitmore says: 'This is a truly significant outcome from UNOC. Until recently no French financiers had matched their Government's position calling for a ban. This UN Ocean Conference, co-hosted by France, was the perfect opportunity for the most important national players to step up and be counted' These financial announcements are a sign of global concern pushing itself on to the agenda. World leaders renewed calls for a global moratorium on the dangerous industry, with French President Emmanuel Macron denouncing it as 'madness', with UN Secretary-General António Guterres responding to recent announcements from President Trump by warning that the deep sea 'cannot become the Wild West.' Slovenia, Latvia, Cyprus and the Marshall Islands also announced their support for a moratorium or precautionary pause, bringing the number of like-minded countries to 37. Andy Whitmore concluded 'the events at UNOC have added further momentum to the financial establishment rejecting deep sea mining. The recent unseemly rush to mine is creating push-back from the financial world, as much as from governments and civil society.'
Yahoo
a day ago
- Automotive
- Yahoo
BPCE CCO Roussel-Pollet exits after four months to join BNP Paribas Leasing Solutions
BPCE Equipment Solutions has lost its Chief Commercial Officer Florence Roussel Pollet just four months into the role, as the asset finance executive departs to join BNP Paribas Leasing Solutions. Effective from June 16, Roussel-Pollet was appointed President of CNH Industrial Capital Europe, the joint venture between CNH Industrial, IVECO Group, and BNP Paribas Leasing Solutions, and joins the Executive Committee of BNP's Equipment & Logistics Solutions International Business Line. Her appointment follows the promotion of Mariusz Tarasiuk to CEO of BNP Paribas Leasing Solutions' DACH region (Germany, Austria, Switzerland). Roussel-Pollet is now tasked with leading a key partnership that underpins financing for CNH and Iveco's machinery and vehicles across Europe. The move marks a return to familiar ground for Roussel-Pollet, who built her career at Société Générale Equipment Finance (SGEF) from 2001, rising to global commercial leadership before joining BPCE in early 2025. Her time at BPCE coincided with the group's acquisition of SGEF from Société Générale, which exited the asset finance space in 2023 as part of a strategic divestment. 'This role represents an excellent opportunity to leverage our strategic partnership and drive sustainable growth across our core markets,' said Roussel-Pollet, adding that she was 'thrilled to be joining BNP Paribas Leasing Solutions' and eager to deliver 'innovative financing solutions' to CNH and IVECO customers. Operating under the CNH Capital and IVECO CAPITAL brands, CNH Industrial Capital Europe offers a range of custom financing solutions—including hire purchase, finance leases, and operating leases—in markets such as France, Germany, Italy, the UK, and Spain. These services are critical to the commercial success of CNH and Iveco Group, supporting their industrial vehicle and machinery sales. Jean-Michel Boyer, Head of the Equipment & Logistics Solutions business line at BNP Paribas Leasing Solutions, praised the hire: 'Florence's extensive background in structured finance, international leasing, and commercial strategy will be instrumental in strengthening our strategic partnership with CNH and Iveco Group.' Roussel-Pollet's quick departure from BPCE will raise eyebrows in the French banking sector. She had been appointed CCO of BPCE Equipment Solutions in early 2025 following the group's purchase of SGEF. In that role, she oversaw global sales across 14 entities and managed operations in the US, Brazil, China, and Hong Kong. The SGEF sale marked Société Générale's broader move to simplify its business model and exit non-core sectors like equipment finance. BPCE rebranded the acquired business as BPCE Equipment Solutions, hoping to build scale in leasing and structured finance. "BPCE CCO Roussel-Pollet exits after four months to join BNP Paribas Leasing Solutions" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Automotive
- Yahoo
BPCE COO Roussel-Pollet exits after four months to join BNP Paribas Leasing Solutions
BPCE Equipment Solutions has lost its Chief Commercial Officer Florence Roussel Pollet just four months into the role, as the asset finance executive departs to join BNP Paribas Leasing Solutions. Effective from June 16, Roussel-Pollet was appointed President of CNH Industrial Capital Europe, the joint venture between CNH Industrial, IVECO Group, and BNP Paribas Leasing Solutions, and joins the Executive Committee of BNP's Equipment & Logistics Solutions International Business Line. Her appointment follows the promotion of Mariusz Tarasiuk to CEO of BNP Paribas Leasing Solutions' DACH region (Germany, Austria, Switzerland). Roussel-Pollet is now tasked with leading a key partnership that underpins financing for CNH and Iveco's machinery and vehicles across Europe. The move marks a return to familiar ground for Roussel-Pollet, who built her career at Société Générale Equipment Finance (SGEF) from 2001, rising to global commercial leadership before joining BPCE in early 2025. Her time at BPCE coincided with the group's acquisition of SGEF from Société Générale, which exited the asset finance space in 2023 as part of a strategic divestment. 'This role represents an excellent opportunity to leverage our strategic partnership and drive sustainable growth across our core markets,' said Roussel-Pollet, adding that she was 'thrilled to be joining BNP Paribas Leasing Solutions' and eager to deliver 'innovative financing solutions' to CNH and IVECO customers. Operating under the CNH Capital and IVECO CAPITAL brands, CNH Industrial Capital Europe offers a range of custom financing solutions—including hire purchase, finance leases, and operating leases—in markets such as France, Germany, Italy, the UK, and Spain. These services are critical to the commercial success of CNH and Iveco Group, supporting their industrial vehicle and machinery sales. Jean-Michel Boyer, Head of the Equipment & Logistics Solutions business line at BNP Paribas Leasing Solutions, praised the hire: 'Florence's extensive background in structured finance, international leasing, and commercial strategy will be instrumental in strengthening our strategic partnership with CNH and Iveco Group.' Roussel-Pollet's quick departure from BPCE will raise eyebrows in the French banking sector. She had been appointed CCO of BPCE Equipment Solutions in early 2025 following the group's purchase of SGEF. In that role, she oversaw global sales across 14 entities and managed operations in the US, Brazil, China, and Hong Kong. The SGEF sale marked Société Générale's broader move to simplify its business model and exit non-core sectors like equipment finance. BPCE rebranded the acquired business as BPCE Equipment Solutions, hoping to build scale in leasing and structured finance. "BPCE COO Roussel-Pollet exits after four months to join BNP Paribas Leasing Solutions" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Groupe SEB: New €500 Million Bond Issuance Maturing in June 2030
ECULLY, France, June 18, 2025--(BUSINESS WIRE)--Regulatory News: Groupe SEB (Paris:SK) has today successfully issued a €500 million bond, with a 5-year maturity. The bonds, carrying an annual coupon of 3.625%, will mature on 24 June 2030. The offering attracted strong interest from a broad base of leading institutional investors, both French and international. The success of this transaction, oversubscribed nearly 4 times, reflects their confidence in the Group's credit quality and long-term strategy. This issuance is part of the Group's active financial policy aimed at maintaining financial flexibility, through the continued diversification of its funding sources and the extension of the average maturity of its debt. It also contributes to the refinancing of the €500 million bond that matured on 16 June 2025. The bonds will be admitted to trading on Euronext Paris as of 24 June 2025. The issuance was led by BNP Paribas, CIC Market Solutions, Credit Agricole CIB and Natixis CIB acting as Global Coordinators, and Citigroup, Commerzbank and HSBC acting as Active Bookrunners. Next key dates – 2025 23 July | after market closes H1 2025 sales and results 23 October | after market closes 9M 2025 sales and financial data Find us on World reference in Small Domestic Equipment and professional coffee machines, Groupe SEB operates with a unique portfolio of 45 top brands (including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor), marketed through multi-format retailing. Selling more than 400 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness, and client service. Present in over 150 countries, Groupe SEB generated sales of €8.3bn in 2024 and has more than 32,000 employees worldwide. SEB S.A. ■ View source version on Contacts Investor/Analyst Relations Groupe SEBFinancial Communication and IR DeptRaphaël HoffstetterGuillaume Baroncomfin@ Tel. +33 (0) 4 72 18 16 04 Media Relations Groupe SEBCorporate Communication DepartmentCathy PianonFlorence CandianidesMarie Leroypresse@ Tel. +33 (0) 6 79 53 21 03Tel. +33 (0) 6 88 20 98 60Tel. +33 (0) 6 76 98 87 53Image SeptCaroline SimonClaire DoligezIsabelle Dunoyer de cdoligez@ isegonzac@ Tel.: +33 (0) 1 53 70 74 70 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
2 days ago
- Business
- Bloomberg
Trump Calls For Iran's 'Surrender'; Meta Trying to Lure OpenAI Staff
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. President Trump calls for Iran's 'Unconditional Surrender' as speculation grows that the US may join Israel in fighting in the Middle East. Meanwhile, OpenAI's Sam Altman says rival Meta has offered some of his staff signing bonuses of as much as $100 million as the race for AI talent ramps up. Today's guests: Bénédicte Lowe, BNP Paribas Markets 360, Equity Derivatives Strategist for Europe. (Source: Bloomberg)
