Commerzbank

EQS-News: Pareto Securities: CEO Lutz Weiler hands over management at Pareto Securities Germany to Christian Czaya

Retrieved on: 
Wednesday, April 10, 2024
Commerzbank, Merrill (company), Bank, IKB, Pareto Group, SME, Head, Pareto, Cryptocurrency

Pareto Securities, international investment bank and long-standing partner of SMEs, announces the planned handover in the management at Pareto Securities Germany.

Key Points: 
  • Pareto Securities, international investment bank and long-standing partner of SMEs, announces the planned handover in the management at Pareto Securities Germany.
  • Lutz Weiler (65), who has headed Pareto Securities Germany as CEO since 2018, will leave the company at his own request on April 30, 2024.
  • His successor will be Christian Czaya (55), currently Head of Fixed Income Sales Germany at Pareto Securities Germany.
  • Christian Jomaas, CEO of Pareto Securities AS: "Lutz Weiler has an impressive career in investment banking spanning almost 40 years.

EQS-News: Invitation to Annual General Meeting of Commerzbank on 30 April 2024

Retrieved on: 
Wednesday, April 10, 2024
Commerzbank, Annual, Speech, Supervisory board, Share repurchase, Executive officer, Bank, Supervision, Acquisition, Annual general meeting

Today, Commerzbank AG has published the invitation to its Annual General Meeting on Tuesday, 30 April 2024.

Key Points: 
  • Today, Commerzbank AG has published the invitation to its Annual General Meeting on Tuesday, 30 April 2024.
  • The event will take place virtually without the physical presence of the shareholders or their proxies based on the authorisation in the Articles of Association granted by a large majority of last year's Annual General Meeting.
  • The Annual General Meeting will begin at 10.00 a.m. CET and will be transmitted live on the corporate webpage of Commerzbank for registered and legitimate shareholders.
  • The Annual General Meeting last approved the authorisation to repurchase its own shares in 2020, under which the Bank carried out two share buybacks totalling around 5.45% of the share capital.

EQS-News: INDUS successfully completes share buyback program

Retrieved on: 
Wednesday, April 10, 2024
Commerzbank, McDermott Will & Emery, Share repurchase, Acquisition, Treasury, Herman Kelly and Life, Security (finance)

Bergisch Gladbach, 13 March 2024 – SDAX-listed INDUS Holding AG has successfully completed the share buyback program announced on 21 February 2024.

Key Points: 
  • Bergisch Gladbach, 13 March 2024 – SDAX-listed INDUS Holding AG has successfully completed the share buyback program announced on 21 February 2024.
  • INDUS now holds 4.09% of its share capital as treasury shares.
  • “With our buyback offer we are demonstrating that we consider the purchase of our shares to be a good investment,” says Dr. Johannes Schmidt, Chairman of the Board of Management of INDUS Holding AG.
  • We now have the additional flexibility to use our own shares as an acquisition currency when purchasing new companies.”
    The share buyback program was accompanied by Commerzbank AG, Frankfurt, and McDermott Will & Emery Rechtsanwälte Steuerberater LLP.

Invitation to Annual General Meeting of Commerzbank on 30 April 2024

Retrieved on: 
Wednesday, April 10, 2024
Commerzbank, Annual, Speech, Supervisory board, Share repurchase, Executive officer, Bank, Supervision, Acquisition, Annual general meeting

Today, Commerzbank AG has published the invitation to its Annual General Meeting on Tuesday, 30 April 2024.

Key Points: 
  • Today, Commerzbank AG has published the invitation to its Annual General Meeting on Tuesday, 30 April 2024.
  • The event will take place virtually without the physical presence of the shareholders or their proxies based on the authorisation in the Articles of Association granted by a large majority of last year's Annual General Meeting.
  • The Annual General Meeting will begin at 10.00 a.m. CET and will be transmitted live on the corporate webpage of Commerzbank for registered and legitimate shareholders.
  • The Annual General Meeting last approved the authorisation to repurchase its own shares in 2020, under which the Bank carried out two share buybacks totalling around 5.45% of the share capital.

Monroe Capital Hires Waleed Noor as Head of Middle East and Plans to Open Abu Dhabi Office

Retrieved on: 
Wednesday, March 20, 2024
Professional Services, Other Professional Services, Finance, Construction & Property, Asset Management, REIT, Banque Saudi Fransi, Commerzbank, Risk management, Goldman Sachs, Crédit Agricole, Durham University, Capital, MEA, Nottingham University Business School

Monroe Capital LLC (“Monroe”) today announced it has expanded its platform to the Middle East with the appointment of Waleed Noor as Managing Director and Head of Middle East Distribution.

Key Points: 
  • Monroe Capital LLC (“Monroe”) today announced it has expanded its platform to the Middle East with the appointment of Waleed Noor as Managing Director and Head of Middle East Distribution.
  • Monroe is in the process of opening an office in Abu Dhabi.
  • Mr. Noor will be based in Abu Dhabi and be responsible for representing Monroe throughout the region.
  • We look forward to our continued strategic growth and expansion in the Middle East,” said Ted Koenig, Chairman and CEO of Monroe Capital.

The Canton Network Completes the Most Comprehensive Blockchain Pilot to Date for Tokenized Real World Assets

Retrieved on: 
Tuesday, March 12, 2024
Online Privacy, Technology, Finance, Fintech, Banking, Professional Services, Digital Cash Management, Digital Assets, Blockchain, Asset Management, Microsoft, Commerzbank, Visa, Entrepreneurship, Goldman Sachs, Broadridge Financial Solutions, Pirum, Risk, DRW, IEX, Wellington Management Company, EquiLend, Cboe Global Markets, DTCC, Harvest Fund Management, Standard Chartered, BNP Paribas, BNY Mellon, Privacy, State Street, Digital asset, Cryptocurrency

It also demonstrated the potential benefits of using such a network to reduce counterparty and settlement risk, optimize capital, and enable intraday margin cycles.

Key Points: 
  • It also demonstrated the potential benefits of using such a network to reduce counterparty and settlement risk, optimize capital, and enable intraday margin cycles.
  • The pilot showed the potential of the Canton Network to reduce costs, risks, and inefficiencies, while striving to meet regulatory requirements for the issuance, transfer, and settlement of tokenized traditional assets.
  • “The pilot program marks an important milestone for the Canton Network,” said Yuval Rooz, CEO and Co-Founder of Digital Asset.
  • Digital Asset provided the technology and guidance to support the pilot and is one of the technology and infrastructure providers for the Canton Network.

Primergy Secures $588M in Project Financing and Power Purchase Agreement with Microsoft for 408 MW Solar Project in Texas

Retrieved on: 
Monday, March 11, 2024
Green Technology, Environment, Other Science, Other Technology, Sustainability, Urban Planning, Finance, Other Construction & Property, Professional Services, Science, Other Natural Resources, Technology, Commercial Building & Real Estate, Other Energy, Construction & Property, Utilities, Alternative Energy, Natural Resources, Energy, Slate, Microsoft, Commerzbank, Organization, MUFG Bank, Solar energy, Norddeutsche Landesbank, Partnership, SMBC, BNP Paribas, Rabobank, Investment banking, Safety, KeyBank, Latham & Watkins, MUFG, PPA, Engineering, Renewable energy

Primergy Solar LLC (‘Primergy’), a leading developer, owner, and operator of utility-scale solar and storage projects, announced today that it closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas.

Key Points: 
  • Primergy Solar LLC (‘Primergy’), a leading developer, owner, and operator of utility-scale solar and storage projects, announced today that it closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas.
  • The company also signed a long-term power purchase agreement with Microsoft for the full capacity of the plant.
  • Once completed, the project is expected to generate enough carbon-free energy to power the equivalent of approximately 90,000 homes per year.
  • The Ash Creek Solar project debt financing includes a construction loan, tax credit transfer bridge loan, and related letters of credit.

Longroad Energy Closes Financing of Serrano, a 220 MWdc Solar and 214 MWac / 855 MWh Storage Project

Retrieved on: 
Tuesday, March 12, 2024
Electricity, Power purchase agreement, Commerzbank, IRA, CIBC, Cell, Environment, Partnership, ANZ, APS, SMA, Arizona Public Service, EPC, Société Générale, PNC, Life, Resource management, CO2, Scalability, Renewable energy, Inflation, PPA, Engineering, First Solar, BESS, Apollo Global Management

BOSTON, March 12, 2024 /PRNewswire/ -- Longroad Energy, a U.S. based renewable energy developer, owner and operator, announced today the financial close of Serrano, its 220 MWdc solar and 214 MWac / 855 MWh storage project in Pinal and Pima Counties, Arizona. Serrano is Longroad's first project to utilize First Solar's domestically manufactured Series 7 panels. The project has commenced construction and commercial operations for Serrano is currently expected by mid-2025.

Key Points: 
  • BOSTON, March 12, 2024 /PRNewswire/ -- Longroad Energy , a U.S. based renewable energy developer, owner and operator, announced today the financial close of Serrano, its 220 MWdc solar and 214 MWac / 855 MWh storage project in Pinal and Pima Counties, Arizona.
  • "Longroad is pleased that our Serrano project has achieved the milestones of financial closure and commencement of construction," said Paul Gaynor, CEO of Longroad Energy.
  • "That Longroad has successfully closed financing is a testament to the bankability of the project and the solar module technology powering it."
  • Serrano's 214 MWac / 855 MWh battery energy storage system (BESS) will be provided by U.S.-based energy storage platform provider Powin.

Business as usual: bank climate commitments, lending, and engagement

Retrieved on: 
Tuesday, April 2, 2024
Smoke, Carbon, Pillar, Worldwide, BPER, Employment, Disclosure, Economic methodology, LEI, Research Papers in Economics, CGD, Ibercaja Banco, Fossil, Mediobanca, Policy, UNEP, Crédit Mutuel, BBVA, Columbia Business School, Pari, Corporate finance, NBER, Principle, Agriculture, Société Générale, Insurance, Allied Irish Banks, Medical classification, Aluminium, Becker, Feedback, Central bank, Triodos Bank, Target, Prosocial behavior, Journal of Financial Economics, European Parliament, MIT, R2, Website, Behavior, Poisson, Human, UN, Climate, Crédit Agricole, United Nations, Transport, Coal mining, Syndicated loan, Investment, ABN AMRO, Politics, BSI, OLS, PDF, ECB, Unemployment, Econometrics, Ambition, Clutch (eggs), IEA, Social science, Engagement, JEL, Climate change, Risk management, Yb, Bias, Abanca, Research, Classification, UniCredit, A.5, NZIA, Divestment, Literature, IPCC, European Central Bank, AA, Geography, Natural gas, Green lending, Metal, The Borrowers, Elasticity, Stanford Social Innovation Review, Steven M. Greer, BMPS, Finance, Risk, Single, CaixaBank, PPML, BNP Paribas, European, Money, NLB Group, La Banque postale, Corporate welfare, Paris Agreement, A.2, ROW, OECD, Fraud, Coal, Frustration, Iron, Commerzbank, Bank of Åland, COP, Comparison, Overalls, All, Temperature, Banca Ifis, Conference, Pressure, Steel, International Energy Agency, United, Alpha Bank, Interest, SSRN, Justice, AAA, Deutsche Bank, Crawford, Science Based Targets initiative, GFANZ, Quarterly Journal, Rabobank, Hirschman, Effect, Carbon Disclosure Project, ESG, MSCI, Support, NZBA, Sierra Club, Map, Taxonomy, Q50, Banco Sabadell, Financial Times, Banco BPM, BPCE, Reproduction, Erste Group, Data, G21, Interval (mathematics), Cardboard
Key Points: 

    Commerzbank successfully completes share buyback of €600 million

    Retrieved on: 
    Wednesday, March 13, 2024
    Bank, Commerzbank, Share repurchase, History, Annual, AT1, Security (finance)

    Today, Commerzbank AG successfully completed its share buyback programme.

    Key Points: 
    • Today, Commerzbank AG successfully completed its share buyback programme.
    • “The completion of the second share buyback programme is an important step for Commerzbank”, said CFO Bettina Orlopp.
    • With its first share buyback programme, Commerzbank repurchased a total of 12,134,305 of its own shares at an average price of around €10.05 per share equalling an amount of €122 million in June 2023.
    • The buyback was part of the capital return for the 2022 financial year amounting to a total of around €370 million.