﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:media="http://search.yahoo.com/mrss/"><channel><title>Cision News</title><link>https://news.cision.com</link><description>Cision is the leading global provider of media research, distribution, monitoring and evaluation services. With over 40 locations throughout the world, Cision provides the insight, expertise and intelligence that improve performance and build reputations.</description><pubDate>Sun, 14 Jun 2026 00:46:43 GMT</pubDate><image><title>Cision News</title><width>146</width><height>60</height><link>https://news.cision.com</link><url>https://news.cision.com/Content/img/news-logo.png</url></image><item><title>FIM group’s new business names have been registered on 3 November 2008</title><link>http://news.cision.com/fim/r/fim-group-s-new-business-names-have-been-registered-on-3-november-2008,c390443</link><guid isPermaLink="false">cision210668</guid><description><![CDATA[FIM Corporation Press Release 3.11.2008
FIM group’s new business names have been registered on 3 November 2008
The names of companies belonging to the FIM investment services group have been registered in the Trade Register on 3 November 2008.
The new business names are:
FIM Corporation (formerly Glitnir Corporation)
FIM Bank Ltd (formerly Glitnir Bank Ltd)
FIM Asset Management Ltd (formerly Glitnir Asset Management Ltd)
From now on, we will serve our customers under the FIM name. The official changes in the company names will no effect on our operations and require no action from]]></description><pubDate>Mon, 03 Nov 2008 07:34:49 GMT</pubDate></item><item><title>FIM is now Glitnir</title><link>http://news.cision.com/fim/r/fim-is-now-glitnir,c305401</link><guid isPermaLink="false">cision178738</guid><description><![CDATA[FIM Group’s parent company FIM Group Corporation’s name has been changed to Glitnir Corporation. Simultaneously, the companies representing FIM Group’s business units were renamed. FIM Asset Management Ltd’s new name is Glitnir Asset Management Ltd, and FIM Corporate Finance Ltd is Glitnir Alternative Investments Ltd.
FIM Securities Ltd changed its name to Glitnir Bank Ltd already on 21 August 2007 when The Finnish Financial Supervision Authority granted Glitnir Bank the permission to act as a credit institution and a Finnish deposit bank.
Also the names of the subsidiaries operating in]]></description><pubDate>Fri, 12 Oct 2007 05:00:00 GMT</pubDate></item><item><title>Glitnir Bank starts its operations in the beginning of October</title><link>http://news.cision.com/fim/r/glitnir-bank-starts-its-operations-in-the-beginning-of-october,c295107</link><guid isPermaLink="false">cision174983</guid><description><![CDATA[FIM Group Corporation Press release 23 Aug 2007
Glitnir Bank starts its operations in the beginning of October
The FIM Group Corporation expands its services to cover banking as well. Glitnir Bank Ltd, which is part of the FIM Group, starts its operations on the 1st of October 2007.
The Finnish Financial Supervision Authority has granted FIM Securities Ltd, which belongs to the FIM Group, on the 21st of August 2007 the authority to operate as a credit institution and the right to act as a Finnish deposit bank. In the same conjunction, the name FIM Securities Ltd will change, and the]]></description><pubDate>Thu, 23 Aug 2007 07:00:00 GMT</pubDate></item><item><title>Teri Heilala appointed Head of FIM’s retail banking operations</title><link>http://news.cision.com/fim/r/teri-heilala-appointed-head-of-fim-s-retail-banking-operations,c295108</link><guid isPermaLink="false">cision174984</guid><description><![CDATA[FIM Group Corporation Press release 23 Aug 2007
Teri Heilala appointed Head of FIM’s retail banking operations
Teri Heilala, M.Sc. (Econ.), CEFA, has been appointed Head of Retail Banking and member of the Management Board of FIM Group Corporation, effective as of August 2007.
Teri Heilala has been developing FIM’s banking operations since May 2007 when he joined the company. Prior to FIM, Teri Heilala worked as Head of Retail Banking at eQ Bank. He has also held several managerial and executive positions within the financial services industry. Teri Heilala will report to Pekka Väisänen,]]></description><pubDate>Thu, 23 Aug 2007 07:00:00 GMT</pubDate></item><item><title>GLITNIR BANKI HOLDS 100% OF FIM</title><link>http://news.cision.com/fim/r/glitnir-banki-holds-100--of-fim,c294151</link><guid isPermaLink="false">cision174612</guid><description><![CDATA[FIM GROUP CORPORATION Stock Exchange Release 17 August 2007
GLITNIR BANKI HOLDS 100% OF FIM
In relation to the redemption proceedings concerning the minority shares in FIM Group Corporation (FIM), Glitnir banki hf (Glitnir) has today deposited the required security and has thereby obtained the title to the entire FIM stock of shares, as provided under Chapter 18, Section 6 of the Finnish Companies Act. After the depositing of the security, the FIM minority shareholders who are parties to the redemption process are only entitled to receive the redemption price and the interest payable on]]></description><pubDate>Fri, 17 Aug 2007 15:16:00 GMT</pubDate></item><item><title>GLITNIR BANKI HAS A REDEMPTION RIGHT TO THE MINORITY SHARES IN FIM</title><link>http://news.cision.com/fim/r/glitnir-banki-has-a-redemption-right-to-the-minority-shares-in-fim,c293883</link><guid isPermaLink="false">cision174520</guid><description><![CDATA[FIM GROUP CORPORATION Stock Exchange Release 16 August 2007
GLITNIR BANKI HAS A REDEMPTION RIGHT TO THE MINORITY SHARES IN FIM
The Arbitral Tribunal appointed by the Redemption Committee of the Central Chamber of Commerce has today confirmed that Glitnir banki hf (Glitnir) has a right to redeem the minority shares of FIM Group Corporation and that Glitnir has the right to obtain the title to the minority shares by depositing a security approved by the Arbitral Tribunal for the payment of the redemption price.
Glitnir has notified that it will deposit the required security as soon as]]></description><pubDate>Thu, 16 Aug 2007 13:01:00 GMT</pubDate></item><item><title>Pekka Väisänen appointed CEO of FIM Group Corporation effective after delisting</title><link>http://news.cision.com/fim/r/pekka-vaisanen-appointed-ceo-of-fim-group-corporation-effective-after-delisting,c292884</link><guid isPermaLink="false">cision174156</guid><description><![CDATA[Pekka Väisänen, M.Sc. (Politics) has been appointed CEO of FIM Group Corporation and Country Manager of Glitnir in Finland, effective after FIM has been delisted from OMX. FIM expects delisting to take place in early fall. Mr. Väisänen will also resume his current post heading FIM Brokerage.
Pekka Väisänen has been working for FIM since 2001. Before heading FIM Brokerage he worked as Group Development Director. He has also held several managerial and executive positions within the financial services industry.
Risto Perttunen, the present CEO of FIM Group Corporation will step down after]]></description><pubDate>Fri, 10 Aug 2007 06:01:00 GMT</pubDate></item><item><title>FIM’s Monthly Statistics July 2007</title><link>http://news.cision.com/fim/r/fim-s-monthly-statistics-july-2007,c292412</link><guid isPermaLink="false">cision174036</guid><description><![CDATA[FIM Group Corporation Stock Exchange Announcement 7 August 2007
FIM’s Monthly Statistics July 2007
FIM Asset Management’s assets under management at the end of July 2007 were
3,586 million euro (2,733 million euro on 31 July 2006). Assets under
management increased 31 per cent compared to the same period last year. Total
assets under management in funds increased 39 per cent compared to year before
and were 2,400 million euro. Assets under management in equity funds grew 23
per cent to 1,443 million euro.
FIM Brokerage's share of the euro turnover on OMX Helsinki in July was 2.4 per]]></description><pubDate>Tue, 07 Aug 2007 13:01:00 GMT</pubDate></item><item><title>Glitnir Bank half year results for 2007 ISK 16.5 billion (EUR 189 m) profit after tax</title><link>http://news.cision.com/fim/r/glitnir-bank-half-year-results-for-2007-isk-16-5-billion--eur-189-m--profit-after-tax,c291506</link><guid isPermaLink="false">cision173723</guid><description><![CDATA[GLITNIR BANK PRESS RELEASE 31 JULY 2007
Glitnir Bank half year results for 2007
ISK 16.5 billion (EUR 189 m) profit after tax
24.2% return on equity
Financial Highlights
• Pre-tax profit for Q2 was ISK 11.3 billion, up by 34% from Q1 2007
• 45% of pre-tax profit was generated outside Iceland
• Net interest income in Q2 was ISK 9.7 billion up by 22% from Q1 07
• Fees and commissions increased by 22% in Q2 and amounted to ISK 8.9 billion
• Earnings per share for Q2 amounted to ISK 0.66 as compared with ISK 0.46 in Q1 07
• Total assets amounted to ISK 2,335 billion up from ISK 2,246]]></description><pubDate>Tue, 31 Jul 2007 13:01:28 GMT</pubDate></item><item><title>FIM GROUP CORPORATION’S PROFITABILITY IMPROVED CLEARLY IN Q2</title><link>http://news.cision.com/fim/r/fim-group-corporation-s-profitability-improved-clearly-in-q2,c291499</link><guid isPermaLink="false">cision173718</guid><description><![CDATA[FIM Group Corporation STOCK EXCHANGE RELEASE July 31, 2007
FIM GROUP CORPORATION’S PROFITABILITY IMPROVED CLEARLY IN Q2
Key figures for April-June 2007 (2006)
Net sales: EUR 28.2 million (21.8)
Growth in net sales: 29%
Operating profit: EUR 9.2 million (5.6)
Operating profit margin: 32% (26%)
Earnings per share: EUR 0.17 (0.10)
Key figures for January-June 2007 (2006)
Net sales: EUR 51.3 million (43.1)
Growth in net sales: 19% (63%)
Operating profit: EUR 12.7 million (11.8)
Operating profit margin: 25% (27%)
Net profit: EUR 10.8 million (8.3)
Earnings per share: EUR 0.25 (0.21)]]></description><pubDate>Tue, 31 Jul 2007 12:56:00 GMT</pubDate></item><item><title>FIM’s Monthly Statistics June 2007</title><link>http://news.cision.com/fim/r/fim-s-monthly-statistics-june-2007,c287935</link><guid isPermaLink="false">cision172127</guid><description><![CDATA[FIM Group Corporation Stock Exchange Announcement 4 July 2007
FIM’s Monthly Statistics June 2007
FIM Asset Management’s assets under management at the end of June 2007 were 3,503 million euro (2,695 million euro on 30 June 2006). Assets under management increased 30 per cent compared to the same period last year. Total assets under management in funds increased 37 per cent compared to year before and were 2,309 million euro. Assets under management in equity funds grew 26 per cent to 1,397 million euro.
Structured notes sales volumes were 122 million euros in Q2, representing an increase]]></description><pubDate>Wed, 04 Jul 2007 13:16:00 GMT</pubDate></item><item><title>ARBITRATOR APPOINTED IN THE REDEMPTION PROCEEDINGS REGARDING THE SHARES IN FIM GROUP CORPORATION</title><link>http://news.cision.com/fim/r/arbitrator-appointed-in-the-redemption-proceedings-regarding-the-shares-in-fim-group-corporation,c286853</link><guid isPermaLink="false">cision171670</guid><description><![CDATA[FIM GROUP CORPORATION STOCK EXCHANGE RELEASE 28 JUNE 2007
ARBITRATOR APPOINTED IN THE REDEMPTION PROCEEDINGS REGARDING THE SHARES IN FIM GROUP CORPORATION
The Redemption Board of the Finnish Central Chamber of Commerce has on 27 June 2007 appointed an arbitrator to decide upon the price and the redemption right to the FIM shares that are not owned by Glitnir banki hf. The Arbitral Tribunal consists of Professor Seppo Villa.
Glitnir banki hf. has on 25 May 2007 given a notification according to which Glitnir’s holding of the shares and votes in FIM has exceeded 98 per cent and that]]></description><pubDate>Thu, 28 Jun 2007 11:47:00 GMT</pubDate></item><item><title>RAIMO VALO APPOINTED TO HEAD UP GLITNIR’S RUSSIAN INVESTMENT MANAGEMENT</title><link>http://news.cision.com/fim/r/raimo-valo-appointed-to-head-up-glitnir-s-russian-investment-management,c283006</link><guid isPermaLink="false">cision169995</guid><description><![CDATA[FIM Group Corporation STOCK EXCHANGE RELEASE June 11, 2007
RAIMO VALO APPOINTED TO HEAD UP GLITNIR’S RUSSIAN INVESTMENT MANAGEMENT
Raimo Valo, LL.M. Master of Laws, has been appointed to head up Glitnir’s investment and asset management operations in Russia effective as from August 2007. Raimo Valo, Head of Investment Management Russia, will report to Jan Forsbom, Executive Vice President, Glitnir Investment Management.
Raimo Valo will step into the position from his current post in Moscow as head of Svenska Handelsbanken’s operations in Russia and the former CIS countries. Valo was]]></description><pubDate>Mon, 11 Jun 2007 10:01:00 GMT</pubDate></item><item><title>APPOINTMENT OF THE TRUSTEE IN THE ARBITRAL PROCEEDINGS REGARDING THE REDEMPTION OF SHARES IN FIM</title><link>http://news.cision.com/fim/r/appointment-of-the-trustee-in-the-arbitral-proceedings-regarding-the-redemption-of-shares-in-fim,c282681</link><guid isPermaLink="false">cision169863</guid><description><![CDATA[FIM GROUP CORPORATION STOCK EXCHANGE RELEASE 8 JUNE 2007
APPOINTMENT OF THE TRUSTEE IN THE ARBITRAL PROCEEDINGS REGARDING THE REDEMPTION OF SHARES IN FIM
Not to be published or distributed in the United States of America, Canada, Japan or Australia.
FIM Group Corporation has today received the following information from Glitnir banki hf.
Trustee
Due to the application by Glitnir banki hf., the Redemption Board of the Finnish Central Chamber of Commerce has applied for the appointment of a trustee by the District Court of Helsinki to look after the interests of the minority shareholders]]></description><pubDate>Fri, 08 Jun 2007 09:21:00 GMT</pubDate></item><item><title>FIM’s Monthly Statistics May 2007</title><link>http://news.cision.com/fim/r/fim-s-monthly-statistics-may-2007,c282499</link><guid isPermaLink="false">cision169801</guid><description><![CDATA[FIM Group Corporation Stock Exchange Announcement 7 June 2007
FIM’s Monthly Statistics May 2007
FIM Asset Management’s assets under management at the end of May 2007 were
3,282 million euro (2,791 million euro on 31 May 2006). Assets under management
increased 18% compared to the same period last year. Total assets under
management in funds also increased 18% compared to year before and were 2,083
million euro. Assets under management in equity funds grew 7% to 1,294 million
euro.
FIM Brokerage's share of the euro turnover on OMX Helsinki in May was 3.2 per
cent (3.0 percent in May]]></description><pubDate>Thu, 07 Jun 2007 13:16:00 GMT</pubDate></item><item><title>FIM APPLIES FOR TERMINATION OF TRADING ON THE HELSINKI STOCK EXCHANGE</title><link>http://news.cision.com/fim/r/fim-applies-for-termination-of-trading-on-the-helsinki-stock-exchange,c281344</link><guid isPermaLink="false">cision169314</guid><description><![CDATA[FIM GROUP CORPORATION STOCK EXCHANGE RELEASE JUNE 1, 2007
FIM APPLIES FOR TERMINATION OF TRADING ON THE HELSINKI STOCK EXCHANGE
The Board of Directors of FIM Group Corporation has resolved to apply for termination of trading in the FIM share and the delisting of the FIM share from the trading list of the Helsinki Stock Exchange. FIM has today submitted the applications to the Helsinki Stock Exchange.
Glitnir banki hf. currently owns approximately 98.81 per cent of FIM. Glitnir has commenced arbitration proceedings in accordance with the Finnish Companies Act for the redemption of the]]></description><pubDate>Fri, 01 Jun 2007 09:51:00 GMT</pubDate></item><item><title>ARBITRAL PROCEEDINGS REGARDING THE REDEMPTION OF SHARES IN FIM</title><link>http://news.cision.com/fim/r/arbitral-proceedings-regarding-the-redemption-of-shares-in-fim,c280507</link><guid isPermaLink="false">cision168944</guid><description><![CDATA[FIM GROUP CORPORATION STOCK EXCHANGE RELEASE 29 MAY 2007
ARBITRAL PROCEEDINGS REGARDING THE REDEMPTION OF SHARES IN FIM
Not to be published or distributed in the United States of America, Canada, Japan or Australia.
FIM Group Corporation has today received the following information from Glitnir banki hf.
Arbitration
Glitnir banki hf. (Glitnir) has on 28 May 2007 filed an application in accordance with Chapter 18, Section 4, Subsection 1 of the Finnish Companies Act to the Redemption Board of the Finnish Central Chamber of Commerce to appoint an Arbitral Tribunal. Glitnir has thus]]></description><pubDate>Tue, 29 May 2007 15:46:00 GMT</pubDate></item><item><title>THE RIGHT AND OBLIGATION TO REDEEM THE SHARES IN FIM GROUP CORPORATION</title><link>http://news.cision.com/fim/r/the-right-and-obligation-to-redeem-the-shares-in-fim-group-corporation,c279947</link><guid isPermaLink="false">cision168684</guid><description><![CDATA[FIM GROUP CORPORATION STOCK EXCHANGE RELEASE MAY 25, 2007
THE RIGHT AND OBLIGATION TO REDEEM THE SHARES IN FIM GROUP CORPORATION
Not to be published or distributed in The United States of America, Canada, Japan or Australia.
In accordance with Chapter 18, Section 2 of the Finnish Companies Act, Glitnir banki hf. has today given a notification to FIM Group Corporation according to which Glitnir’s holding in FIM has exceeded nine tenths (9/10) of the shares and votes in FIM.
Glitnir’s current holding in FIM is 42,176,109 shares corresponding to approximately 98.81 per cent of the shares]]></description><pubDate>Fri, 25 May 2007 13:01:00 GMT</pubDate></item><item><title>FINAL RESULT OF THE PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS OF FIM GROUP CORPORATION</title><link>http://news.cision.com/fim/r/final-result-of-the-public-tender-offer-for-all-the-shares-and-option-rights-of-fim-group-corporation,c278858</link><guid isPermaLink="false">cision168289</guid><description><![CDATA[FIM GROUP CORPORATION STOCK EXCHANGE RELEASE MAY 21, 2007
FINAL RESULT OF THE PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS OF FIM GROUP CORPORATION
FIM Group Corporation has received today the following release:
GLITNIR BANKI HF STOCK EXCHANGE RELEASE MAY 21, 2007
FINAL RESULT OF THE PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS OF FIM GROUP CORPORATION
Not for release, publication or distribution in the United States, Canada, Japan or Australia.
The public tender offer by Glitnir Banki hf (Glitnir) for all issued and outstanding shares and option rights in FIM]]></description><pubDate>Mon, 21 May 2007 15:31:00 GMT</pubDate></item><item><title>PRELIMINARY RESULT OF THE PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS OF FIM GROUP CORPORATION</title><link>http://news.cision.com/fim/r/preliminary-result-of-the-public-tender-offer-for-all-the-shares-and-option-rights-of-fim-group-corporation,c278539</link><guid isPermaLink="false">cision168160</guid><description><![CDATA[FIM GROUP CORPORATION STOCK EXCHANGE RELEASE MAY 18, 2007
PRELIMINARY RESULT OF THE PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS OF FIM GROUP CORPORATION
FIM Group Corporation has received today the following release:
GLITNIR BANKI HF STOCK EXCHANGE RELEASE MAY 18, 2007
PRELIMINARY RESULT OF THE PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS OF FIM GROUP CORPORATION
Not for release, publication or distribution in the United States, Canada, Japan or Australia.
The public tender offer by Glitnir Banki hf (Glitnir) for all issued and outstanding shares and option]]></description><pubDate>Fri, 18 May 2007 13:31:00 GMT</pubDate></item><item><title>SUPPLEMENT TO THE TENDER OFFER DOCUMENT CONCERNING FIM GROUP’S SHARES AND OPTIONS</title><link>http://news.cision.com/fim/r/supplement-to-the-tender-offer-document-concerning-fim-group-s-shares-and-options,c277771</link><guid isPermaLink="false">cision167887</guid><description><![CDATA[FIM GROUP CORPORATION STOCK EXCHANGE RELEASE MAY 14, 2007
SUPPLEMENT TO THE TENDER OFFER DOCUMENT CONCERNING FIM GROUP’S SHARES AND OPTIONS
FIM Group Corporation has received today the following release:
GLITNIR BANKI HF STOCK EXCHANGE RELEASE MAY 14, 2007
SUPPLEMENT TO THE TENDER OFFER DOCUMENT CONCERNING FIM GROUP’S SHARES AND OPTIONS
Not for release, publication or distribution in the United States, Canada, Japan or Australia.
The Finnish Financial Supervision Authority has today approved the supplement to the tender offer document, published on April 25, 2007, concerning the]]></description><pubDate>Mon, 14 May 2007 16:10:33 GMT</pubDate></item><item><title>JAN FORSBOM APPOINTED NEW EVP FOR GLITNIR INVESTMENT MANAGEMENT</title><link>http://news.cision.com/fim/r/jan-forsbom-appointed-new-evp-for-glitnir-investment-management,c277530</link><guid isPermaLink="false">cision167792</guid><description><![CDATA[FIM GROUP CORPORATION STOCK EXCHANGE RELEASE ON MAY 14, 2007
GLITNIR STRENGTHEN EXECUTIVE MANAGEMENT: JAN FORSBOM APPOINTED NEW EVP FOR
GLITNIR INVESTMENT MANAGEMENT
Reykjavik/Helsinki, 14 May 2007 - Jan Forsbom (42), Managing Director for FIM
Asset Management, Helsinki Finland, has been appointed Executive Vice President
within Glitnir with responsibility for Investment Management. This unit aims to
implement FIM’s products and services cross-border within Glitnir as well as
strengthen all the services covering fund management, discretionary asset
management, structured products,]]></description><pubDate>Mon, 14 May 2007 06:01:00 GMT</pubDate></item><item><title>FIM GROUP CORPORATION’S PROFITABILITY IN Q1/07 WAS GOOD</title><link>http://news.cision.com/fim/r/fim-group-corporation-s-profitability-in-q1-07-was-good,c277469</link><guid isPermaLink="false">cision167765</guid><description><![CDATA[FIM Group Corporation STOCK EXCHANGE RELEASE May 11, 2007
FIM GROUP CORPORATION’S PROFITABILITY IN Q1/07 WAS GOOD
Key figures for January-March 2007 (2006)
Net sales: EUR 23.2 million (21.2)
Growth in net sales: 9% (81%)
Operating profit before non-recurring stock option expenses: EUR 5.7 million (6.2)
Operating profit margin before non-recurring stock option expenses: 25% (29%)
Operating profit: EUR 3.5 million (6.2)
Operating profit margin: 15% (29%)
Net profit: EUR 3.4 million (3.2)
Earnings per share: EUR 0.08 (0.11)
OPERATING ENVIRONMENT
Surging share prices dipped]]></description><pubDate>Fri, 11 May 2007 14:41:00 GMT</pubDate></item><item><title>FIM’s Monthly Statistics April 2007</title><link>http://news.cision.com/fim/r/fim-s-monthly-statistics-april-2007,c276405</link><guid isPermaLink="false">cision167316</guid><description><![CDATA[FIM Group Corporation Stock Exchange Announcement 8 May 2007
FIM’s Monthly Statistics April 2007
FIM Asset Management’s assets under management were 3,179 million euro (3,128
million euro at 30 April 2006) at the end of April 2007. Assets under
management increased slightly compared to the same period last year. Total
assets under management in funds have been growing since beginning of the year
and were 2,019 million euro. Assets under management in equity funds were 1,285
million euro.
FIM Brokerage's share of the euro volume on OMX Helsinki in April was 3.3 per
cent (3.0 percent]]></description><pubDate>Tue, 08 May 2007 11:15:00 GMT</pubDate></item></channel></rss>