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KBC Group Appoints Bartel Puelinckx As New CFO

BRIEF-KBC Group Appoints Bartel Puelinckx As New CFO June 11 (Reuters) - Kbc Groep NV KBC.BR : KBC GROUP: BARTEL PUELINCKX WILL REPLACE LUC POPELIER AS KBC GROUP CFO BARTEL PUELINCKX'S APPOINTMENT WILL TAKE EFFECT ON 1 SEPTEMBER 2024, SUBJECT TO APPROVAL BY NATIONAL BANK OF BELGIUM AND EUROPEAN CENTRAL BANK HE WILL SUCCEED LUC POPELIER, WHO RESIGNE
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Forint hits 6-week low, zloty weakens

CEE MARKETS-Forint hits 6-week low, zloty weakens Adds new comment for forint and zloty, fresh FX prices and table BUDAPEST, June 10 (Reuters) - Hungary's forint hit a 6-week low and the Polish zloty shed half a percent on Monday as central European currencies were hit by weakened international sentiment and a firming U.S. dollar. The dollar put pressure on the forint and the zloty after annual wage growth reaccelerated in the U.S., data published last week showed, reducing the likelihood the U.
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Lower than expected Hungarian inflation weighs on forint

CEE MARKETS-Lower than expected Hungarian inflation weighs on forint By Boldizsar Gyori BUDAPEST, June 10 (Reuters) - The forint led losses among central European currencies on Monday after Hungarian inflation rose less than expected, keeping rate cut expectations alive. D ata showed Hungary's inflation HUCPIY=ECI , which hit a European Union high of over 25% last year, was an annual 4% in May, the top of the central bank's policy target band.
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Asmi, Beiersdorf, SSE

CORRECTED-EUROPE RESEARCH ROUNDUP-Asmi, Beiersdorf, SSE Corrects Greenyard NV entry to say KBC Securities raises target price to EUR 9.5 from EUR 8.5 (not 6.30) and Arcadis NV entry to say KBC Securities cuts (not raises) to 'accumulate' from 'buy'; raises target price to EUR 66 from EUR 61 (not 61.7 June 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Asmi, Beiersdorf and SSE, on Friday.
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Czech central bank cuts countercyclical buffer rate, sets systemic risk charge

UPDATE 1-Czech central bank cuts countercyclical buffer rate, sets systemic risk charge Updates throughout with details on stress tests, overall buffer rates, countercyclical outlook PRAGUE, June 6 (Reuters) - The Czech National Bank (CNB) will cut banks' countercyclical capital buffer rates and introduce a systemic risk buffer, it said on Thursday after a financial stability meeting.
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