ESN partnership further strengthens thanks to the entry of Pohjola Bank plc
(Thomson Reuters ONE) -
Press Release
Pohjola
European Securities Network
Starting from 1 July 2011, Pohjola Bank plc ("Pohjola") - part of OP-Pohjola
Group - which is the biggest financial services group in Finland, offering
banking, investment and insurance services is joining European Securities
Network LLP ("ESN") the independent multi-local partnership of leading European
banks and securities firms offering top quality pan-European equity research,
sales and execution service tailor-made to clients.
Giorgio M. Zancan - CEO of ESN - is very glad to welcome Pohjola to ESN
partnership.
"With the entry of Pohjola the ESN Partnership integrates and strengthens its
pan-European product with important benefits for its clients in terms of
universe of stocks under coverage and execution capabilities across Europe. The
Pohjola high quality research together with its deep knowledge of the Finnish
market and its strong corporate relationships makes Pohjola an ideal candidate
to enter ESN Partnership" Zancan says.
Ari Kiuru - Head of Equities at Pohjola - underlines that "the cooperation is
based on proven operating practices and will soon benefit Pohjola's customers.
The benefits of the partnership are numerous. We may sell European equities to
our customers as a new product and, correspondingly, through ESN's extensive
institutional customer base obtain a European-wide distribution channel for
Finnish equities. Such opportunities are not offered too often".
Petteri Änkilä - Head of Pohjola Markets - adds that "the ESN Partnership is an
excellent fit for Pohjola's internationalisation strategy that is mainly based
on well-selected partnerships. A widening international partnership network
increases our placing power in different equity transactions. Moreover, we will
be able to offer our corporate customers an even wider range of investor
meetings in Europe".
Pohjola Bank plc, through its Equity arm, is adding its local equity markets
coverage in the ESN proprietary database, sharing common standard of cooperation
and obtaining a full pan-European research and sales coverage and execution
capability. Pohjola will enlarge and improve the service offered to its client
base from the local markets to all Europe while maintaining its distinct "local
flavour", which is at the base of the unique identity and independence status of
ESN.
The entry of Pohjola in ESN, with its strong domestic expertise and highly
qualified professionals, will strengthen the ESN partnership in terms of equity
analysts & sales teams, companies & sectors coverage and road-shows & marketing
capability. Indeed Pohjola will increase the ESN current structure by bringing
about 10 new analysts, 7 sales people and 90 new covered companies.
The ESN unique pan-European service counts, with Pohjola, on the following key
aggregated figures:
- 10 partners in 10 countries
- 800 companies covered in Europe, all in a unique proprietary database
- 120 analysts, acting as a single pan-European team
- 200 multi-local equity sales and traders acting as the client's home reference
desk
- 700 company and analyst road shows per year
ESN profile
ESN ("European Securities Network LLP") is a multi-local partnership of banks
and brokerage firms which creates common standards of cooperation in equity
research and sales. ESN members share a common goal, that is providing the best
independent local research and sales service on companies listed in their
respective markets, while maintaining independence and distinct
responsibilities. Founded in 1998, ESN is a company equally owned by its members
since 2002 and today ESN counts on 10 members in the main European Countries:
- Banca Akros (Italy);
- Bank Degroof (Belgium);
- Caixa Banco de Investimento (Portugal);
- Caja Madrid Bolsa (Spain);
- CM-CIC Securities (France);
- Pohjola Bank (Finland);
- Equinet Bank (Germany);
- Investment Bank of Greece (Greece);
- NCB Stockbrokers (Ireland);
- SNS Securities (The Netherlands).
ESN offer includes on a daily basis research products, information and execution
capability in all main European equity markets, marketing support through
seminars, road shows and one-to-one meetings with European companies and sector
analysts.
European Securities Network LLP (ESN LLP) is a limited liability partnership
registered in England and Wales with registered number OC302570. A full list of
members' names and their professional qualifications may be inspected at our
registered office: Withers LLP, 16 Old Bailey, London EC4M 7EG.
Pohjola profile
Pohjola Bank plc is a Finnish financial services company providing banking,
asset management and non-life insurance services.
Pohjola Bank Group serves corporate customers in Finland and abroad by providing
an extensive range of financial, investment, cash-management and non-life
insurance services. For private customers, the Group provides non-life insurance
and asset management services. Pohjola is part of OP-Pohjola Group, Finland's
leading financial services group with over four million customers.
Pohjola Equities - part of Pohjola Markets business area - is the equity arm of
Pohjola Bank plc. Pohjola Equities is providing its customers with equity sales,
trading&execution, equity research, online stock-brokering and custody
services. Pohjola Equities has a wide-spread clientele including all the major
local institutions and selected international investors. The Equity research
team is made up by 10 professionals covering approx. 90 local companies. Pohjola
Equities has an institutional sales team of 7 persons.
Press contacts
ESN
Giorgio M. Zancan
CEO
Ph. +39 02 4344 4244
giorgio.zancan(at)esnpartnership.eu
Pohjola Ari Kiuru
Head of Equities
Ph. +358 40 532 2088
ari.kiuru(at)pohjola.fi
Press Release:
http://hugin.info/142911/R/1523062/459148.pdf
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other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Pohjola Pankki Oyj via Thomson Reuters ONE
[HUG#1523062]
Unternehmensinformation / Kurzprofil:
Datum: 14.06.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 55521
Anzahl Zeichen: 7119
contact information:
Town:
POHJOLA
Kategorie:
Business News
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"ESN partnership further strengthens thanks to the entry of Pohjola Bank plc"
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