ABN

Hazeltree Appoints Steve King as US Director of Customer Success

Retrieved on: 
Thursday, December 14, 2023

Hazeltree , the leading provider of treasury and liquidity management solutions for the alternative asset management industry, proudly announces the strategic appointment of Steve King as the U.S. Director of Customer Success.

Key Points: 
  • Hazeltree , the leading provider of treasury and liquidity management solutions for the alternative asset management industry, proudly announces the strategic appointment of Steve King as the U.S. Director of Customer Success.
  • With a career spanning nearly three decades, Steve King brings unparalleled expertise in margin and collateral technologies tailored specifically for the alternative asset management sector.
  • Steve's exceptional industry depth and extensive technical acumen make him an invaluable addition to the Hazeltree team.
  • “We are thrilled to welcome Steve to Hazeltree to help us sustain client service excellence and provide value as we continue to scale.”
    Steve will report to Ayman Sakr, Chief Customer Success Officer at Hazeltree.

McMILLAN CONSULTING ACQUIRES PRACTICE OF PAUL RAFANELLO CPA

Retrieved on: 
Wednesday, November 29, 2023

WARWICK, N.Y., Nov. 29, 2023 /PRNewswire/ -- McMillan Consulting LLC and Paul Rafanello CPA, today announced the combination of their leading Warwick-based firms, elevating McMillan Consulting as one of the area's most prominent accounting and financial consulting businesses.

Key Points: 
  • Combination of Premier Accounting and Financial Consulting Firms in Warwick, NY Provides Customer-First Services for Businesses and Individuals Across the Region
    WARWICK, N.Y., Nov. 29, 2023 /PRNewswire/ -- McMillan Consulting LLC and Paul Rafanello CPA, today announced the combination of their leading Warwick-based firms, elevating McMillan Consulting as one of the area's most prominent accounting and financial consulting businesses.
  • The acquisition of Paul Rafanello CPA by McMillan Consulting will provide clients of both firms access to counsel from Patricia McMillan, a Certified Public Accountant for more than 39 years and the President and CEO of McMillan Consulting, which provides tax preparation for individuals and businesses, and consulting in the areas of general finance, credit and debt, risk management and auditing.
  • Mr. Rafanello will work closely with Ms. McMillan during a transition period that ensures clients continue to receive uninterrupted service and will retire from active practice in 2024.
  • Prior to founding McMillan Consulting in Warwick in 2009, Ms. McMillan served in senior corporate roles at Citibank, JPMorgan Chase, and ABN AMRO Bank.

Wintermute Asia Announces Integration with CME Group, Executing its First Block Trade

Retrieved on: 
Tuesday, November 21, 2023

SINGAPORE, Nov. 21, 2023 /PRNewswire/ -- Wintermute Asia Pte. Ltd ("Wintermute Asia"), the digital asset derivatives trading arm of the Wintermute Group, the leading algorithmic trading firm and liquidity provider in digital assets, today announced that it has executed its first options block trade through CME Group. The BTC/USD block was traded between Wintermute Asia and TP ICAP and was cleared by ABN AMRO Clearing Bank N.V.

Key Points: 
  • The first block trade was completed with TP ICAP and cleared by ABN AMRO Clearing Bank N.V.
    SINGAPORE, Nov. 21, 2023 /PRNewswire/ -- Wintermute Asia Pte.
  • Ltd ("Wintermute Asia"), the digital asset derivatives trading arm of the Wintermute Group, the leading algorithmic trading firm and liquidity provider in digital assets, today announced that it has executed its first options block trade through CME Group.
  • With more derivative products on the roadmap and through a customized approach, Wintermute Asia can structure almost any trade to address different use cases, trading strategies, and market conditions.
  • By executing a block trade with TP ICAP on November 16, Wintermute Asia is further demonstrating its commitment to expanding its presence in traditional financial markets by offering secure investment solutions to its counterparties.

CFX Labs Closes $9.5 Million Seed Round to Continue the Rapid Transformation Of Global Payment Processing and Monetization

Retrieved on: 
Wednesday, November 15, 2023

CHICAGO, Nov. 15, 2023 /PRNewswire/ -- CFX Labs, a future leader in the monetization of rapid and secure international payments markets currently operating a nationwide payment network, announced it has raised $9.5 million in seed funding. CFX Labs raised funds from a diverse array of strategic partners including Shima Capital, Decasonic, Antalpha, CMT Digital, Corazon Capital, Hard Yaka, Kraken Ventures, New Form Capital, Metropolitan Capital Bank & Trust amongst others in an oversubscribed round.

Key Points: 
  • More than one billion people globally rely on being able to make secure, fast and inexpensive domestic and international remittance transfers.
  • CFX Labs's funding round will provide resources to expand its network reach and continued development of innovative technologies supporting international payments.
  • CFX Labs' payment network stands to expand beyond remittances internationally between the Americas, to global international money transfer and remittances, a market valued in trillions of dollars.
  • CFX Labs partners with both emerging brands and established retail leaders to monetize the movement of money with a unique revenue share model.

Multitude Strengthens Commitment to Sustainability by Joining Partnership for Carbon Accounting Financials

Retrieved on: 
Thursday, December 14, 2023

Helsinki, 16 November 2023 – Multitude SE – a fully regulated international growth platform for financial technology (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or “the Group”) proudly announces its membership in the Partnership for Carbon Accounting Financials (PCAF), underscoring its mission as a fully digital FinTech company to greening the financial services.

Key Points: 
  • Helsinki, 16 November 2023 – Multitude SE – a fully regulated international growth platform for financial technology (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or “the Group”) proudly announces its membership in the Partnership for Carbon Accounting Financials (PCAF), underscoring its mission as a fully digital FinTech company to greening the financial services.
  • Multitude recognises the need for collective action in the face of climate change and is committed to supporting the transition to a low-carbon economy.
  • Multitude joins this leading group of financial innovators, including industry giants like Barclays, Morgan Stanley, Citi, Bank of America, ABN AMRO, and Lloyds, in a shared mission to establish accurate carbon accounting standards within the financial sector.
  • Joining PCAF enables the Group to significantly improve its carbon accounting by providing a clear standard for measuring and disclosing financed emissions, informing actions that further the ambitions of the Paris Agreement and climate risk management.

Teleperformance SE: Final Results of the Offer for Majorel

Retrieved on: 
Friday, November 3, 2023

This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in Teleperformance or Majorel.

Key Points: 
  • This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in Teleperformance or Majorel.
  • A total of 78,984,447 Shares have been tendered against the Share Consideration during the Offer Period and the Post-Acceptance Period.
  • Teleperformance intends to offer the amount of the Cash Consideration (i.e., EUR 30 per Share) as part of these squeeze-out proceedings.
  • Reference is made to Section 6.13 (Consequences of the Offer for non-tendering Shareholders) of the Offer Memorandum.

ProMarine AG: Launch of industry-first methanol powered sustainable shipping fund

Retrieved on: 
Tuesday, October 24, 2023

WOLLERAU, Switzerland and GOTHENBURG, Sweden, Oct. 24, 2023 /PRNewswire/ -- Wollerau, Switzerland and Gothenburg, Sweden –  ProMarine AG, the Investment Advisor leading the financing of the maritime energy transition, is pleased to announce the launch of an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman, one of the world's largest methanol producers, and Stena Bulk AB, an internationally recognised and leading European shipping company.

Key Points: 
  • The Fund is backed by equity investors and benefits from a green loan from ABN AMRO.
  • We all recognise that the transition to sustainable shipping requires significant capital investment.
  • LEMSCO demonstrates the market's readiness to offer practical financial incentives through reduced cost funding for ships fuelled by low-emission methanol, and can be the catalyst for further investments into sustainable shipping."
  • LEMSCO represents a step towards meaningful change, enabling investors to support a greener, more sustainable shipping industry.

ProMarine AG: Launch of industry-first methanol powered sustainable shipping fund

Retrieved on: 
Tuesday, October 24, 2023

WOLLERAU, Switzerland and GOTHENBURG, Sweden, Oct. 24, 2023 /PRNewswire/ -- Wollerau, Switzerland and Gothenburg, Sweden –  ProMarine AG, the Investment Advisor leading the financing of the maritime energy transition, is pleased to announce the launch of an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman, one of the world's largest methanol producers, and Stena Bulk AB, an internationally recognised and leading European shipping company.

Key Points: 
  • The Fund is backed by equity investors and benefits from a green loan from ABN AMRO.
  • We all recognise that the transition to sustainable shipping requires significant capital investment.
  • LEMSCO demonstrates the market's readiness to offer practical financial incentives through reduced cost funding for ships fuelled by low-emission methanol, and can be the catalyst for further investments into sustainable shipping."
  • LEMSCO represents a step towards meaningful change, enabling investors to support a greener, more sustainable shipping industry.

Berkshire Hathaway Specialty Insurance Names Sami Jaghbir as Underwriting Manager in Queensland

Retrieved on: 
Monday, October 23, 2023

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Sami Jaghbir as Underwriting Manager, Queensland.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Sami Jaghbir as Underwriting Manager, Queensland.
  • “I am excited to work with Sami and our Brisbane team to bring the strengths of BHSI to our customers and brokers in Queensland.
  • Berkshire Hathaway Specialty Insurance Company (incorporated in Nebraska, USA) ABN 84 600 643 034, AFS License No.
  • Berkshire Hathaway Specialty Insurance Company holds financial strength ratings of A++ from AM Best and AA+ from Standard & Poor’s.

Teleperformance declares Offer for Majorel unconditional 98.45% of Shares tendered under the Offer – Opening of the Post-Acceptance Period

Retrieved on: 
Friday, October 20, 2023

As a result, Teleperformance declares the Offer unconditional (doet gestand) and the Post-Acceptance Period will start as from 23 October 2023 for a 2-week period.

Key Points: 
  • As a result, Teleperformance declares the Offer unconditional (doet gestand) and the Post-Acceptance Period will start as from 23 October 2023 for a 2-week period.
  • Shareholders who have elected to receive the Share Consideration during the Offer Period or the Post-Acceptance Period will receive on the Second Settlement Date Teleperformance shares at an exchange ratio of 30/217.
  • Further information on the Post-Acceptance Period is included in Section 5.8 (Post-Acceptance Period) of the Offer Memorandum.
  • A maximum of 4,608,295 Teleperformance shares is available for issue under the Share Consideration, (i.e., a maximum of 33,333,334 Shares can be exchanged for Teleperformance shares).