Deutsche Bank

Lotus Tech and L Catterton Asia Acquisition Corp Announce Closing of Business Combination

Retrieved on: 
Tuesday, February 20, 2024
Slate, Acquisition, ADS, Bev, L Catterton, Kirkland & Ellis, BEV, Deutsche Bank, Shearman & Sterling, LVMH, Tech, LCAA, Growth, American depositary receipt, Han Kun Law Offices, EPA, LLP, PIPE, Lotus, DNA, Partnership, Cryptocurrency

NEW YORK and SINGAPORE, Feb. 20, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, and L Catterton Asia Acquisition Corp ("LCAA") (NASDAQ: LCAA), a special purpose acquisition company formed by affiliates of L Catterton, a leading global consumer-focused investment firm, announced today that their previously proposed business combination is expected to be completed on February 22, 2024. The combined company will retain Lotus Tech's name as "Lotus Technology Inc." and its American Depositary Shares (ADS) will commence trading on the Nasdaq under the ticker symbol "LOT" on February 23, 2024. The business combination was approved by LCAA shareholders at an extraordinary general meeting held on February 2, 2024.

Key Points: 
  • The business combination was approved by LCAA shareholders at an extraordinary general meeting held on February 2, 2024.
  • "We are thrilled to announce our upcoming debut on the Nasdaq as we complete our business combination with LCAA," said Mr. Qingfeng Feng, Chief Executive Officer of Lotus Tech.
  • We look forward to accelerating our growth as a listed company, leading the electric transformation of the global luxury BEV market together with L Catterton."
  • Lotus Tech will ring the Nasdaq opening bell in New York City on February 23, 2024 to commemorate the Company's public listing.

YMCA of the USA Board of Directors Elects New Chair, New Officers and Board Members also Announced

Retrieved on: 
Monday, February 19, 2024
Security Pacific Bank, PCBC, Pacific Capital Bancorp, Deutsche Bank, Investment, SVP, Bank, Santa Barbara Botanic Garden, Commercial bank, Sale, Ys, Santa Barbara Zoo, Chairperson, Wells Fargo, California State University, Northridge, Santa Barbara Historical Museum, Private banking, Policy, California State University, Omicron Delta Kappa, SBB, MUFG Union Bank, Management

CHICAGO, Feb. 19, 2024 /PRNewswire-PRWeb/ -- YMCA of the USA (Y-USA), the national resource office for the 2,600 Ys across the country, is pleased to announce the election of George Leis to a two-year term as Chair of the nonprofit's National Board of Directors. Leis, the President and Chief Operating Officer for Montecito Bank and Trust, has served on the Y-USA board since 2019. As Board Chair, Leis will provide leadership to the 25-member board, which sets strategic direction and policy to guide the Y's work in strengthening communities by connecting all people to their potential, purpose and each other.

Key Points: 
  • YMCA of the USA is pleased to announce the election of George Leis to a two-year term as Chair of the nonprofit's National Board of Directors.
  • Leis, the President and Chief Operating Officer for Montecito Bank and Trust, has served on the Y-USA board since 2019.
  • "I look forward to partnering with Mr. Leis, our new board members and the entire board to strengthen the Y and the communities we serve.
  • Biographies and photos of Y-USA's new National Board members are available upon request.

Nexstar Media Group to Participate in Upcoming Investor Conferences

Retrieved on: 
Thursday, February 15, 2024
Entertainment, Sports, Other Entertainment, Technology, TV and Radio, Other Sports, Audio, Video, CFO, NXST, EVP, Deutsche Bank, Palace Hotel, Conference, Nexstar Media Group, Morgan Stanley, Nexstar, Media Group, Cryptocurrency

Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in two institutional investor conferences in March:

Key Points: 
  • Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in two institutional investor conferences in March:
    Location: The Palace Hotel - San Francisco, CA
    Deutsche Bank 32nd Annual Media, Internet & Telecom Conference
    Location: The Breakers - West Palm Beach, FL
    Speakers: Michael Biard, President and COO / Lee Ann Gliha, EVP and CFO
    Please contact your Morgan Stanley and Deutsche Bank sales representative to register for the conferences and to request meetings with Nexstar management.

DataBank Raises $456 Million in Fourth Securitization of the Past Three Years

Retrieved on: 
Thursday, February 15, 2024
CFO, Jules Kroll, TD Securities, Carbon, PUE, Data, Power usage effectiveness, Deutsche Bank, CyrusOne, Guggenheim Partners, Joint, Water, Renewable energy

DALLAS, Feb. 15, 2024 /PRNewswire/ -- DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, announced today that it has issued $456 million of secured notes that represent its fourth securitization since 2021, and first green financing, bringing the total securitized portfolio to $2.16 billion of investment grade bonds.

Key Points: 
  • The securitization was heavily oversubscribed and included a number of repeat investors as well as nine new investors, indicating strong support for DataBank's strategic plans.
  • "It signals the strong endorsement of investors in our strategy, footprint, and ability to execute profitably across that entire portfolio."
  • Today, DataBank operates the largest portfolio of data centers in the U.S. with 65+ data centers and 20 major interconnect locations in 27+ metro markets.
  • Kroll Bond Rating Agency provided an initial rating of the $456 million secured notes which were A- rated.

J.F. Lehman & Company Announces Recent Promotions and New Hires

Retrieved on: 
Thursday, February 15, 2024
Apollo Global Management, Deutsche Bank, Invesco, Middlebury College, Transport, Associate, Growth, Kelley School of Business, Prudential Financial, Government, Commerce, Rutgers University, University, Morgan Stanley, Business, CAIA, Fortress Investment Group, PSA Airlines, Goldman Sachs, Houlihan Lokey, Economics, Wright State University, Investment, Guggenheim Partners, Credit, Security (finance)

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce several promotions and new hires.

Key Points: 
  • Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce several promotions and new hires.
  • Promotions effective January 2024 included Nicholas J. Andonian, James G. Dudzik and Jake T. Korek to Senior Associate.
  • "The firm remains committed to proactively onboarding talented professionals to support our continued growth and success," said Louis N. Mintz, Partner.
  • "We anticipate the added depth, fresh perspectives and further enhancement of our functional areas will translate into value across the organization."

J.F. Lehman & Company Announces Recent Promotions and New Hires

Retrieved on: 
Thursday, February 15, 2024
Apollo Global Management, Deutsche Bank, Invesco, Middlebury College, Transport, Associate, Growth, Kelley School of Business, Prudential Financial, Government, Commerce, Rutgers University, University, Morgan Stanley, Business, CAIA, Fortress Investment Group, PSA Airlines, Goldman Sachs, Houlihan Lokey, Economics, Wright State University, Investment, Guggenheim Partners, Credit, Security (finance)

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce several promotions and new hires.

Key Points: 
  • Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce several promotions and new hires.
  • Promotions effective January 2024 included Nicholas J. Andonian, James G. Dudzik and Jake T. Korek to Senior Associate.
  • "The firm remains committed to proactively onboarding talented professionals to support our continued growth and success," said Louis N. Mintz, Partner.
  • "We anticipate the added depth, fresh perspectives and further enhancement of our functional areas will translate into value across the organization."

Starwood Capital Group Unveils Strategic Investment in Echelon Data Centres

Retrieved on: 
Thursday, February 15, 2024
Kirkland & Ellis, Deutsche Bank, Starwood Capital Group, Growth, Enterprise value, United Overseas Bank, UOB, Morgan Stanley, Data infrastructure, Allen & Overy, Nomura, CIO, Environment, Cryptocurrency

MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").  

Key Points: 
  • MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").
  • The transaction will see Starwood Capital commit approximately $850 million through Starwood Opportunity Fund XII and Starwood Real Estate Income Trust, Inc, becoming a 50% shareholder in Echelon and providing material capital for its continued growth.
  • Lorcain Egan, Co-Head, Europe, Starwood Capital Group, commented: "Starwood Capital is delighted to announce this investment in Echelon.
  • Niall Molloy, CEO & and Founder of Echelon Data Centres, said: "We are very pleased to enter into this transaction with our long-standing partner, Starwood Capital.

Starwood Capital Group Unveils Strategic Investment in Echelon Data Centres

Retrieved on: 
Thursday, February 15, 2024
Kirkland & Ellis, Deutsche Bank, Starwood Capital Group, Growth, Enterprise value, United Overseas Bank, UOB, Morgan Stanley, Data infrastructure, Allen & Overy, Nomura, CIO, Environment, Cryptocurrency

MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").  

Key Points: 
  • MIAMI, Feb. 15, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital" or "the Firm"), a leading global private investment firm focused on real estate, today announced that a controlled affiliate had made a strategic investment in Echelon Data Centres ("Echelon" or "the Company").
  • The transaction will see Starwood Capital commit approximately $850 million through Starwood Opportunity Fund XII and Starwood Real Estate Income Trust, Inc, becoming a 50% shareholder in Echelon and providing material capital for its continued growth.
  • Lorcain Egan, Co-Head, Europe, Starwood Capital Group, commented: "Starwood Capital is delighted to announce this investment in Echelon.
  • Niall Molloy, CEO & and Founder of Echelon Data Centres, said: "We are very pleased to enter into this transaction with our long-standing partner, Starwood Capital.

Citizens Financial Group Appoints Brendan Goode as Chief Security Officer

Retrieved on: 
Wednesday, February 14, 2024
Banking, Professional Services, Finance, Senior, CBA, Deutsche Bank, Citizens Financial Group, Commonwealth Bank, Fraud, PNC Financial Services, Information, Safety, Justice, Private sector, CISO, Electrical engineering, FBI, Justice minister, CFG, CSO, CIO, Citigroup, Security

Citizens Financial Group, Inc. (NYSE: CFG) today announced that Brendan Goode will assume the role of Chief Security Officer, effective April 29, 2024.

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) today announced that Brendan Goode will assume the role of Chief Security Officer, effective April 29, 2024.
  • Upon assuming the CSO role, Goode will report to Michael Ruttledge, CIO and Head of Enterprise Technology & Security.
  • “We have designed a thoughtful transition process that will further strengthen the bank’s security posture and business resilience capabilities.”
    Goode joins Citizens from Commonwealth Bank of Australia (CBA), where he most recently served as Chief Security Officer with responsibility for the Group Security organization.
  • She joined Citizens from Mandiant where she was the Director of Information Security Programs and previously served as the Chief Information Security Officer for PNC Financial Services and held senior leadership roles with the FBI and Department of Justice.

BNP Paribas Exane Grows Global Team with Five Senior US Analyst Appointments

Retrieved on: 
Wednesday, February 14, 2024
Banking, Asset Management, Professional Services, Finance, Cortex, Research, Haitong Securities, Wellington Management Company, Research fellow, UBS, University, Hamilton College, Health care, Musical composition, Mathematics, BNP Paribas, Software, MBA, CFA, LATAM, Analyst, JPMorgan Chase, Consumer, Société Générale, Jefferies, Partnership, University of Scranton, Household, London Business School, Accounting, Automation, University of York, Barclays, Institutional Investor, AllianceBernstein, Deutsche Bank, Brooklyn College, Internet of things, TMT, International finance, Canaccord Genuity, Rutgers University, Morgan Stanley, Credit Suisse, Partner (business rank), Drink, Credit, Security (finance)

Sam has been with BNP Paribas Exane for eight years, and previously based in London where he was the Sector Head for Telecom Research.

Key Points: 
  • Sam has been with BNP Paribas Exane for eight years, and previously based in London where he was the Sector Head for Telecom Research.
  • Prior to joining BNP Paribas Exane in 2015, he spent five years at Sanford Bernstein on the European telecom research team.
  • Today’s appointments deliver on this ambition and are also another step in building out our BNP Paribas Exane US Research.
  • In 2021 BNP Paribas acquired 100 percent of Exane following a successful 17-year partnership and in November 2022, BNP Paribas launched BNP Paribas Exane in the US.