Tag Archives: Global Transaction Banking

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Deutsche Bank Appointed as Successor Depositary Bank for the Level I American Depositary Receipt Pro

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By Business Wirevia The Motley Fool

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Deutsche Bank Appointed as Successor Depositary Bank for the Level I American Depositary Receipt Program of Petroleum Geo-Services ASA

NEW YORK & OSLO, Norway–(BUSINESS WIRE)– Deutsche Bank today announced its appointment as the successor depositary bank for the Level I American Depositary Receipt (ADR) program of Petroleum Geo-Services ASA (PGS).

PGS is a focused marine geophysical company providing a broad range of seismic and reservoir services, including acquisition, processing, interpretation, and field evaluation. The Company’s MultiClient data library is among the largest in the seismic industry, with modern 3D coverage in all significant offshore hydrocarbon provinces of the world. PGS operates on a worldwide basis with headquarters at Lysaker (Oslo) Norway, and with other regional centers in London, Houston and Singapore. The PGS share is listed on the Oslo stock exchange (OSE: PGS).*

Edwin Reyes, Head of Depositary Receipts at Deutsche Bank, said, “We welcome PGS to our depositary receipts platform. This notable mandate demonstrates Deutsche Bank‘s commitment to Norway and we are pleased to utilize our broad range of customized services to assist PGS in enhancing the visibility of its ADR program with the investor community.”

*Source: Petroleum Geo-Services ASA (March 2013)

About Deutsche Bank Trust & Securities Services

Deutsche Bank‘s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, NASDAQ, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers both mutual and alternative fund administration and provides securities custody, clearing and agency lending services from a global network spanning more than 30 markets. Additional details are available on www.adr.db.com or www.tss.db.com.

This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.

American Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the “Act”). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Services Authority. This notice has been approved and/or communicated by Deutsche Bank AG London. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Deutsche Bank Appoints Don Linford as Regional Head of Direct Securities Services for Latin America

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By Business Wirevia The Motley Fool

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Deutsche Bank Appoints Don Linford as Regional Head of Direct Securities Services for Latin America

NEW YORK & SÃO PAULO–(BUSINESS WIRE)– Deutsche Bank‘s Global Transaction Banking (GTB) division today announced the appointment of Don Linford as a Director and Regional Head of Direct Securities Services (DSS) for Latin America. Don Linford, who will be based in São Paulo, will start on March 19.

Linford has joined the Bank with more than 25 years of global business experience in Latin America. Previously, he served as the Product Head for International Security Services for Latin America with Itaú Unibanco. Prior to that, he held the positions of Regional Network Executive for Americas and Global Manager of Business Intelligence and Strategic Planning at JP Morgan Chase, based in the United States. Linford also worked for Mellon Trust and BankBoston in Massachusetts, US.

Thibaud de Maintenant, Deutsche Bank‘s Global Head of Direct Securities Services, Global Transaction Banking, said, “We are pleased to welcome Don to lead our Direct Securities Services team in Latin America. Deutsche Bank is a global leader in DSS and we are committed to building an even stronger franchise in Latin America.”

Bernardo Parnes, Deutsche Bank‘s CEO for Latin America, said, “We remain dedicated to providing the resources and products that our Latin American clients demand and are delighted that they will have the opportunity to leverage Don’s extensive range of expertise in this region.”

About Deutsche Bank Trust & Securities Services

Deutsche Bank‘s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, NASDAQ, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers both mutual and alternative fund administration and provides securities custody, clearing and agency lending services from a global network spanning more than 30 markets.

Deutsche Bank AG
Press & Media Relations
Ari Cohen, +1 212-250-2438
ari.cohen@db.com
or
Patricia Carvalho
+55(11) 2113-5684
patricia.carvalho@db.com

KEYWORDS:   United States  Brazil  North America  South America  New York

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The article Deutsche Bank Appoints Don Linford as …read more
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Deutsche Bank Appointed as Depositary Bank for the Sponsored Level I American Depositary Receipt Pro

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By Business Wirevia The Motley Fool

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Deutsche Bank Appointed as Depositary Bank for the Sponsored Level I American Depositary Receipt Program of Clicks Group Limited

NEW YORK & JOHANNESBURG–(BUSINESS WIRE)– Deutsche Bank today announced its appointment as depositary bank for the non-capital raising sponsored Level I American Depositary Receipt (ADR) program of Clicks Group Limited (Clicks Group).

Clicks Group is a health and beauty focused retail and supply group which has been listed on the JSE Limited (Johannesburg Stock Exchange) since 1996. Through market-leading retail brands Clicks, Musica and The Body Shop, the group has over 600 stores across southern Africa. Clicks Group is a leader in the healthcare market where Clicks has the largest retail pharmacy chain with over 325 in-store dispensaries, as well as a direct-to-patient courier pharmacy service and South Africa‘s leading full-range national pharmaceutical wholesaler, United Pharmaceutical Distributors (UPD)*.

Edwin Reyes, Head of Depositary Receipts at Deutsche Bank, said, “We are delighted to be acting as depositary bank on this ADR transaction with Clicks Group. We look forward to providing this client with the highest level of service for their newly-launched program.”

*Source: Clicks Group Limited (March 2013)

About Deutsche Bank Trust & Securities Services

Deutsche Bank‘s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, NASDAQ, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers both mutual and alternative fund administration and provides securities custody, clearing and agency lending services from a global network spanning more than 30 markets. Additional details are available on www.adr.db.com or www.tss.db.com.

This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.

American Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the “Act”). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Services Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Deutsche Bank Appointed as Depositary Bank for the Level II NYSE-Listed American Depositary Receipt

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Deutsche Bank Appointed as Depositary Bank for the Level II NYSE-Listed American Depositary Receipt Program of Tenaris S.A.

NEW YORK–(BUSINESS WIRE)– Deutsche Bank today announced its appointment as successor depositary bank for the Level II New York Stock Exchange-listed American Depositary Receipt (ADR) program of Tenaris S.A. (Tenaris).

Tenaris is a leading global manufacturer and supplier of steel tubes and related services for the world’s energy industry and certain other industrial applications. Its customers include most of the world’s leading oil and gas companies as well as engineering companies engaged in constructing oil and gas gathering, transportation, processing facilities. Tenaris’s principal products include casing, tubing, line pipe, and mechanical and structural pipes. Tenaris operates an integrated worldwide network of steel pipe manufacturing, research, finishing and service facilities with industrial operations in the Americas, Europe, Asia and Africa and a direct presence in most major oil and gas markets. Tenaris’s shares are listed on the Borsa Italiana (symbol: TEN.MI), the Bolsa de Comercio de Buenos Aires (symbol: TS.BA), and the Bolsa Mexicana de Valores (symbol: TS:MX) and its ADRs are listed on the New York Stock Exchange (symbol: TS).*

Edwin Reyes, Global Head of Depositary Receipts at Deutsche Bank, said, “We are delighted that Tenaris has chosen to transfer its ADR program to Deutsche Bank. We look forward to working with Tenaris in the management of its program and are committed to providing Tenaris with the highest level of service.”

*Source: Tenaris (March 2013)

About Deutsche Bank Trust & Securities Services

Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, NASDAQ, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers both mutual and alternative fund administration and provides securities custody, clearing and agency lending services from a global network spanning more than 30 markets. Additional details are available on www.adr.db.com or www.tss.db.com.

This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.

American Depositary Receipts have been registered pursuant to the US Securities Act …read more
Source: FULL ARTICLE at DailyFinance