latest news releases from the newsroom
Van Lanschot NV
Paul Loven Nominated as a Member of the Board of Managing Directors of Van Lanschot
'S-HERTOGENBOSCH, Netherlands, May 4, 2005 (PRIMEZONE) -- The Supervisory Board of Van Lanschot NV intends to appoint P.A.M. (Paul) Loven (48) as a member of the Board of Managing Directors of Van Lanschot NV / F. van Lanschot Bankiers NV as from 1 August 2005. The announcement of his appointment will be included on the agenda of the General Meeting of Shareholders of Van Lanschot NV to be held on 11 May 2005.
Pearson -- IFRS Report
LONDON, May 4, 2005 (PRIMEZONE) -- Pearson -- IFRS live conference call. Live audio webcast at 1400BST on www.cantos.com with with Rona Fairhead, CFO and Robin Freestone, Deputy CFO (LSE:PSON) (NYSE:PSO).
Delhaize Group Release Preliminary Financial Information Under IFRS
BRUSSELS, Belgium, May 4, 2005 (PRIMEZONE) -- Delhaize Group (Euronext Brussels:DELB) (NYSE:DEG), the Belgian international food retailer, today released financial information for the fiscal years 2003 and 2004 according to International Financial Reporting Standards (IFRS). In preparation of the announcement of its Q1 2005 results under IFRS on May 12, 2005, Delhaize Group made also available the Q1 2004 results under IFRS.
Credit Suisse Group
Credit Suisse Group Reports Net Income of CHF 1.9 Billion for the First Quarter of 2005
ZURICH, Switzerland, May 4, 2005 (PRIMEZONE) -- Credit Suisse Group today reported net income of CHF 1,910 million for the first quarter of 2005, compared to CHF 1,861 million in the first quarter of 2004. A continued strong performance from Private Banking and a record quarter for Corporate & Retail Banking contributed to this result. Institutional Securities reported lower net income and had a mixed quarter, with increased revenues in fixed income trading and lower results in equity underwriting and trading as well as in debt underwriting and advisory versus the strong first quarter of 2004. Wealth & Asset Management reported net income which was largely unchanged compared to the first quarter of 2004. Winterthur recorded a solid first-quarter performance, especially in Non-Life, which further improved its underwriting results. Life & Pensions reported moderate growth in its total business volume. The return on equity was 22.9% for the banking businesses and 12.0% for Winterthur. Credit Suisse Group's overall return on equity was 20.6% for the first quarter.