DCM

PayBills.Africa Goes Live, Connecting African Merchants to the World

Retrieved on: 
Tuesday, July 18, 2023

The platform seamlessly connects Africa's merchants globally, allowing customers to settle bills from anywhere in the world with one-touch ease on its web or mobile app and with bank-grade security.

Key Points: 
  • The platform seamlessly connects Africa's merchants globally, allowing customers to settle bills from anywhere in the world with one-touch ease on its web or mobile app and with bank-grade security.
  • PayBills.Africa allows payers to settle their bills directly with merchants.
  • "Whether paying bills or requesting payments, everything is settled in your localized African currency," said Nicholas Koros, CEO of Brij Technologies, a U.S.-based company with an operational headquarters in Nairobi.
  • It is worth noting that Flutterwave, a U.S. company with operational headquarters in Nigeria, is one of the primary payment processors for Paybills.Africa.

Data Communications Management Corp. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 10, 2023

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions to companies across North America, is pleased to report continued momentum in the second quarter of 2023 with revenue up +74.7%, and gross profit up +56.7%, compared to the second quarter of 2022, respectively.

Key Points: 
  • DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions to companies across North America, is pleased to report continued momentum in the second quarter of 2023 with revenue up +74.7%, and gross profit up +56.7%, compared to the second quarter of 2022, respectively.
  • Revenue for the second quarter of 2023 was up +74.7%, or +$50.9 million, vs. Q2 year ago (YA), for total revenues of $119.0 million.
  • “Gross profit as a percentage of revenue for the second quarter of 2023 exceeded our expectations.
  • Mr. Kellam, and James Lorimer, CFO, will present the second quarter 2023 results followed by a live Q&A period.

BTG Pactual reports all-time high net income supported by another quarter of record revenues and 22.7% ROAE

Retrieved on: 
Wednesday, August 9, 2023

SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income. Revenue closed Q2 at R$5.4bn, up 21% y/y, while adjusted net income was R$2.6bn, up 18% y/y. ROAE totaled 22.7%, the highest since 2015. Without the accounting impact of the Banco PAN credit portfolio acquisition, ROAE would have been 25.2%.

Key Points: 
  • Strong net new money of R$61 billion, totaling R$1.4 trillion AuM/WuM
    SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income.
  • "We closed the quarter with record revenue and net income in a challenging macroeconomic scenario, demonstrating the resilience and diversification of our business.
  • Net new money of R$61bn proved once again the quality of our franchises and of our network, totaling R$1.4tn in AuM/AuA.
  • BTG Pactual raised R$61bn in Net New Money (NNM), with R$35.4bn in Wealth Management and R$25.4bn in Asset Management.

BTG Pactual reports all-time high net income supported by another quarter of record revenues and 22.7% ROAE

Retrieved on: 
Wednesday, August 9, 2023

SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income. Revenue closed Q2 at R$5.4bn, up 21% y/y, while adjusted net income was R$2.6bn, up 18% y/y. ROAE totaled 22.7%, the highest since 2015. Without the accounting impact of the Banco PAN credit portfolio acquisition, ROAE would have been 25.2%.

Key Points: 
  • Strong net new money of R$61 billion, totaling R$1.4 trillion AuM/WuM
    SÃO PAULO, Aug. 9, 2023 /PRNewswire/ -- BTG Pactual (BPAC11) posted another quarter of record revenue and net income.
  • "We closed the quarter with record revenue and net income in a challenging macroeconomic scenario, demonstrating the resilience and diversification of our business.
  • Net new money of R$61bn proved once again the quality of our franchises and of our network, totaling R$1.4tn in AuM/AuA.
  • BTG Pactual raised R$61bn in Net New Money (NNM), with R$35.4bn in Wealth Management and R$25.4bn in Asset Management.

DATA Communications Management Corp. to Announce Second Quarter 2023 Results on August 9, 2023

Retrieved on: 
Tuesday, August 8, 2023

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the “Company”), a leading provider of marketing and business communication solutions, will announce its Second Quarter 2023 results the evening of Thursday, August 10, 2023.

Key Points: 
  • DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the “Company”), a leading provider of marketing and business communication solutions, will announce its Second Quarter 2023 results the evening of Thursday, August 10, 2023.
  • The Company will host a conference call and webcast on Friday, August, 11, 2023, at 9:00 a.m. Eastern time.
  • Richard Kellam, President and CEO of DCM, and James Lorimer, CFO, will present the Second Quarter 2023 results followed by a live Q&A.
  • The Company’s full results will be posted on its Investor Relations page and on www.sedar.com .

Rothschild & Co hires Alex Mironov and Matthew O’Donnell as Managing Directors in North America

Retrieved on: 
Monday, August 7, 2023

Rothschild & Co announced today that Alex Mironov and Matthew O’Donnell have joined the Healthcare team as Managing Directors.

Key Points: 
  • Rothschild & Co announced today that Alex Mironov and Matthew O’Donnell have joined the Healthcare team as Managing Directors.
  • The senior hires represent the continued growth of the healthcare franchise and expansion of the firm’s presence and capabilities in the Northeast region within the Global Advisory business in North America.
  • They will report to Dominic Hollamby, Partner and Global Head of Healthcare, and Lee LeBrun, Partner and Head of Global Advisory, North America.
  • Mr. Mironov brings over 20 years of global experience in the healthcare and pharmaceutical sectors, spanning business development, M&A and corporate strategy, to Rothschild & Co.

EQS-News: Pareto Securities strengthens its market leadership in the first half of 2023

Retrieved on: 
Tuesday, August 1, 2023

Pareto Securities AS, an international investment bank headquartered in Oslo and a long-standing partner to the mid-market in Scandinavia and Germany, once again expanded its leading position in the Nordic High Yield Bond market in the first half of 2023.

Key Points: 
  • Pareto Securities AS, an international investment bank headquartered in Oslo and a long-standing partner to the mid-market in Scandinavia and Germany, once again expanded its leading position in the Nordic High Yield Bond market in the first half of 2023.
  • In the first six months of 2023, Pareto arranged or advised on 37 debt transactions with a total volume of EUR 3.7 billion.
  • From January to June 2023 the Nordic High Yield Bond market regained momentum despite the continued volatile market backdrop.
  • This represents less than 1% of the Nordic High Yield market in the first six months of 2023.

Opus Clip Launches AI Video Editor 2.0 Amidst Rapid Growth

Retrieved on: 
Tuesday, July 25, 2023

REDWOOD CITY, Calif., July 25, 2023 /PRNewswire/ -- Today, Opus Clip, a generative AI-powered video editing platform, launches the 2.0 version of its flagship product, after launching last month. Opus Clip's AI-powered editing tool effortlessly turns long videos into viral-ready shorts with a single click. Creators large and small across platforms like YouTube, TikTok and Instagram utilize Opus Clip to help them tap into their potential for virality and growth.

Key Points: 
  • REDWOOD CITY, Calif., July 25, 2023 /PRNewswire/ -- Today, Opus Clip , a generative AI-powered video editing platform, launches the 2.0 version of its flagship product, after launching last month.
  • Creators large and small across platforms like YouTube, TikTok and Instagram utilize Opus Clip to help them tap into their potential for virality and growth.
  • "We are very optimistic about the marriage of Generative AI and video, especially GenAI-powered video editing for short videos.
  • It's way easier to reach a new audience by doing short-form content, and Opus Clip helps with that."

Barclays appoints Ricardo Fernandez as Head of Investment Banking for Mexico

Retrieved on: 
Monday, July 24, 2023

Barclays today announces the appointment of Ricardo Fernandez as Head of Investment Banking for Mexico.

Key Points: 
  • Barclays today announces the appointment of Ricardo Fernandez as Head of Investment Banking for Mexico.
  • In this role Mr. Fernandez will report to Raul Martinez-Ostos, Chairman and CEO of Barclays for Mexico and Latin America.
  • With close to 25 years of experience in investment banking, Mr. Fernandez has advised on a number of complex and strategically important transactions in Mexico during his career.
  • He joins Barclays from Bank of America, where he was Head of Mexico Investment Banking from 2017.

EQS-News: Swiss Merchant Group AG: Misinformation and New Findings from the Evan Group plc Insolvency Petition

Retrieved on: 
Friday, July 21, 2023

EVAN GROUP PLC Insolvency Proceedings:  Misinformation and New Findings from the Evan Group plc Insolvency Petition.

Key Points: 
  • EVAN GROUP PLC Insolvency Proceedings:  Misinformation and New Findings from the Evan Group plc Insolvency Petition.
  • As the most important bond creditor of Evan Group Plc in Malta, Swiss Merchant Group AG ("SMG") received a copy of the insolvency request petition with considerable delay and has now evaluated it.
  • Furthermore, SMG would like to correct the untruths, misinformation and allegations made by the insolvency petitioner Patrick Gerstner as CEO of Evan Group Plc.
  • Insofar as it is claimed in the insolvency petition (page 8 of 16) of Evan Group Plc that the Gerstner heirs were only marginally involved in the business activities of the Unimo Group, this is clearly incorrect.