Deutsche Bank

Wael Fayad and Stephen Hallenbeck Appointed Partners at Hildred Capital Management

Retrieved on: 
Monday, February 26, 2024

Hildred Capital Management (“Hildred”), a healthcare-focused private equity firm that seeks opportunities to create value in middle-market companies, today announced that Wael Fayad and Stephen Hallenbeck have both been appointed Partners at the firm.

Key Points: 
  • Hildred Capital Management (“Hildred”), a healthcare-focused private equity firm that seeks opportunities to create value in middle-market companies, today announced that Wael Fayad and Stephen Hallenbeck have both been appointed Partners at the firm.
  • On behalf of Hildred, Co-Founders and Managing Partners Andrew Goldman and David Solomon stated:
    "We are pleased to announce the promotions of Wael and Stephen, which reflect the vital impact and contributions that each of them has had on the growth of our firm.
  • Wael is an integral part of our team and has been intimately involved in strategically managing several of our portfolio companies, including Carlin Consumer Health, Hyland’s Naturals, and Crown Laboratories.
  • He then worked at Forest Laboratories Inc. for 14 years and served as Corporate Vice President of Business Development.

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Lotus Technology Inc.

Retrieved on: 
Friday, February 23, 2024

Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

Key Points: 
  • Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.
  • 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.
  • No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank.

Reddit Files Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Thursday, February 22, 2024

Reddit, Inc. (“Reddit”), a community of communities, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A common stock.

Key Points: 
  • Reddit, Inc. (“Reddit”), a community of communities, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, J.P. Morgan, and BofA Securities are acting as lead book-running managers for the proposed offering.
  • These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

Truist Securities bolsters industrials sector equity research

Retrieved on: 
Thursday, March 7, 2024

ATLANTA, March 7, 2024 /PRNewswire/ -- Truist Securities announced today that highly ranked analyst Jamie Cook recently joined the firm as a managing director, expanding its equity research coverage in the industrials sector.  

Key Points: 
  • ATLANTA, March 7, 2024 /PRNewswire/ -- Truist Securities announced today that highly ranked analyst Jamie Cook recently joined the firm as a managing director, expanding its equity research coverage in the industrials sector.
  • "Jamie's sterling reputation for generating high-quality research, passion for client service, and extensive relationships will greatly benefit our institutional client base," said Mary Stroth, head of equity sales, trading, and research for Truist Securities.
  • Cook will continue to be based in New York City and report to Jeffrey Utz, director of equity research.
  • Cook joins other recent hires that have bolstered the breadth and depth of Truist Securities' equity sales, trading and research team, including:
    Nataliya Bershova, equity electronic trading managing director.

Fox Corporation Chief Operating Officer John Nallen to Participate in Upcoming Deutsche Bank's 32nd Annual Media, Internet & Telecom Conference

Retrieved on: 
Monday, March 4, 2024

Key Points: 
  • NEW YORK and LOS ANGELES, March 4, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that Chief Operating Officer John Nallen will participate in Deutsche Bank's 32nd Annual Media, Internet & Telecom Conference on Monday, March 11, at approximately, 9:40am (Eastern) / 6:40am (Pacific).

Clearwater Analytics Appoints Mike Chen as its New Head of Corporate Development

Retrieved on: 
Friday, March 1, 2024

BOISE, Idaho, March 1, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced the appointment of Mike Chen as its new Senior Vice President, Head of Corporate Development.

Key Points: 
  • BOISE, Idaho, March 1, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced the appointment of Mike Chen as its new Senior Vice President, Head of Corporate Development.
  • Mike Chen brings more than 20 years of expertise in M&A and corporate business development to the role, having previously served as Head of Corporate Development and Ventures at Guidewire Software as well as Vice President of Corporate Development at Oracle.
  • Chen has also held senior-level roles at Deutsche Bank Securities and Credit Suisse Securities in their Technology Investment Banking Divisions.
  • "We are delighted to welcome Mike Chen to Clearwater," said Sandeep Sahai, CEO at Clearwater Analytics.

Roundhill Investments Launches Leveraged and Inverse Magnificent Seven ETFs, Expands Magnificent Seven Fund Lineup

Retrieved on: 
Thursday, February 29, 2024

NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) and the Roundhill Daily 2X Long Magnificent Seven ETF (MAGX). MAGQ and MAGX begin trading on the Nasdaq today.

Key Points: 
  • NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) and the Roundhill Daily 2X Long Magnificent Seven ETF (MAGX).
  • MAGQ seeks to offer daily returns that correspond to the inverse of (-1X) the daily performance of the Roundhill Magnificent Seven ETF*.
  • MAGQ and MAGX each build on the success of the Roundhill Magnificent Seven ETF ( MAGS ), which currently consists of holdings in Microsoft, Apple, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla.
  • We believe that the Magnificent Seven concept is enduring, and MAGQ/MAGX enable active traders to express their views on these seven market leaders with precision."

IGT's Global Gaming and PlayDigital Businesses to Combine with Everi, Creating a Comprehensive Global Gaming and FinTech Enterprise

Retrieved on: 
Thursday, February 29, 2024

It also facilitates the separation of IGT's Global Gaming and PlayDigital businesses from our Global Lottery business, resulting in a pure play global lottery business.

Key Points: 
  • It also facilitates the separation of IGT's Global Gaming and PlayDigital businesses from our Global Lottery business, resulting in a pure play global lottery business.
  • "The combination results in a comprehensive and diverse product offering, addressing more aspects of the gaming ecosystem across land-based gaming, iGaming, sports betting, and fintech.
  • "We believe this merger combines two highly complementary businesses in a transformational manner, creating a global, land-based and digital gaming, fintech and systems business.
  • The transaction implies an enterprise value for IGT's Global Gaming and PlayDigital businesses of approximately $4.0 billion, and an enterprise value for Everi of approximately $2.2 billion.

SiriusXM to Present at the Deutsche Bank 32nd Annual Media, Internet & Telecom Conference

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) today announced that Tom Barry, Chief Financial Officer, is scheduled to present on March 11, 2024, at 11:20 am ET at the Deutsche Bank 32nd Annual Media, Internet & Telecom Conference in Palm Beach, FL.

Key Points: 
  • NEW YORK, Feb. 27, 2024 /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) today announced that Tom Barry, Chief Financial Officer, is scheduled to present on March 11, 2024, at 11:20 am ET at the Deutsche Bank 32nd Annual Media, Internet & Telecom Conference in Palm Beach, FL.
  • A webcast of the presentation will be available on the Investor Relations section of the SiriusXM website at https://investor.siriusxm.com .

MUFG continues to strategically invest in Leveraged Credit business with key new hire

Retrieved on: 
Tuesday, February 27, 2024

He joins MUFG from Legal & General Investment Management (LGIM) America where he was a Senior High Yield Analyst.

Key Points: 
  • He joins MUFG from Legal & General Investment Management (LGIM) America where he was a Senior High Yield Analyst.
  • Additionally, Mark Schillings, Sarah Henry, and Chris Sym recently joined MUFG as a Director and Vice Presidents, respectively, on the Leveraged Credit Distribution team.
  • Prior to joining MUFG, Mark held various positions at Bank of America and Goldman Sachs, covering high yield, cross credit, and leveraged finance sales.
  • Sarah came to MUFG's Credit Trading team from Royal Bank of Canada, where she spent more than six years in their Capital Markets business.