Commerzbank

EQS-News: New Capital Return Policy decided: Commerzbank plans to increase shareholder participation in company’s success

Retrieved on: 
Thursday, September 28, 2023

New Capital Return Policy decided: Commerzbank plans to increase shareholder participation in company’s success

Key Points: 
  • New Capital Return Policy decided: Commerzbank plans to increase shareholder participation in company’s success
    The issuer is solely responsible for the content of this announcement.
  • On this basis, Commerzbank’s Board of Managing Directors has decided to update the Bank’s Capital Return Policy following consultation with the Supervisory Board.
  • For 2022 to 2024, Commerzbank intends to return a total of €3 billion to shareholders as dividends and share buy-backs.
  • The full, revised Capital Return Policy will shortly be available on the Commerzbank website:
    On 8 November 2023, Commerzbank will present all details of the further developed strategy as well as the concrete measures and targets for the years 2024 to 2027.

Commerzbank has decided on new Capital Return Policy

Retrieved on: 
Thursday, September 28, 2023

Commerzbank expects an increased profitability of its businesses and with a CET1 ratio of 13.5% a net RoTE of more than 11% by 2027.

Key Points: 
  • Commerzbank expects an increased profitability of its businesses and with a CET1 ratio of 13.5% a net RoTE of more than 11% by 2027.
  • On this basis Commerzbank’s Board of Managing Directors has decided to update the Bank’s Capital Return Policy following consultation with the Supervisory Board.
  • For 2022 to 2024 Commerzbank intends to return €3bn to shareholders as dividends and share buy-backs.
  • The full, revised Capital Return Policy will shortly be available on our website.

Regnology Announces 30th Annual RegTech Convention on 21-22 November

Retrieved on: 
Wednesday, September 27, 2023

Regnology, a leading software provider with a focus on regulatory reporting solutions, is proud to announce the 30th annual RegTech Convention, taking place 21-22 November 2023.

Key Points: 
  • Regnology, a leading software provider with a focus on regulatory reporting solutions, is proud to announce the 30th annual RegTech Convention, taking place 21-22 November 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230927858541/en/
    The RegTech Convention is set to be one of the largest ever held with over 2,000 participants from more than 105 countries expected to connect.
  • To mark the occasion of the 30th anniversary, the RegTech Convention experience will be extended through six in-person community events in Germany, Luxembourg, Switzerland, and Spain, gathering 600+ industry experts to further explore the convention topics through a local lens.
  • Participating in the RegTech Convention for the first time is Google Cloud, one of the lead partners of the event.

SCOR appoints Claudia Dill and Redmond Murphy to the Executive Committee

Retrieved on: 
Wednesday, September 27, 2023

Claudia Dill joins SCOR as Group Chief Operating Officer and member of the Executive Committee in charge of Technology, Transformation, Global Real Estate and Regional Services Platforms.

Key Points: 
  • Claudia Dill joins SCOR as Group Chief Operating Officer and member of the Executive Committee in charge of Technology, Transformation, Global Real Estate and Regional Services Platforms.
  • Redmond Murphy, previously Deputy Group Chief Financial Officer and Group Head of Business Performance, is appointed Deputy CEO of SCOR Life & Health and member of the Executive Committee.
  • Based in Dublin, Redmond Murphy will report to Frieder Knüpling, CEO of SCOR Life & Health.
  • Thierry Léger, Chief Executive Officer of SCOR, comments: “I am very pleased to welcome Claudia and Redmond to the Executive Committee.

Börse München Names Fernando Aguirre, DHS Ventures Vice Chairman, as Chief Advisor to Commerzbank

Retrieved on: 
Thursday, September 21, 2023

MUNICH, Germany and WASHINGTON, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The Executive Council of Börse München, during a special meeting, appointed Fernando Aguirre, Vice Chairman of DHS Ventures as the new Chief Advisor to the Board of Management Directors, with effect from January 1, 2024.

Key Points: 
  • MUNICH, Germany and WASHINGTON, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The Executive Council of Börse München, during a special meeting, appointed Fernando Aguirre, Vice Chairman of DHS Ventures as the new Chief Advisor to the Board of Management Directors, with effect from January 1, 2024.
  • The appointment of Fernando Aguirre is still subject to the usual approval by the regulatory authority.
  • The Chairman of the Council of Commerzbank, Philipe Croix, commented on the appointment of Fernando Aguirre: "We are very pleased to have been able to recruit Fernando Aguirre as a high-profile Chief Advisor for Commerzbank.
  • DHS Ventures Vice Chairman, Fernando Aguirre, said: "I am very happy to have been selected by the board for this key position.

EQS-News: SCHOTT Pharma AG & Co. KGaA: SCHOTT Pharma shares to be offered within price range of EUR 24.50 to EUR 28.50 per share

Retrieved on: 
Monday, September 18, 2023

EQS-News: SCHOTT Pharma AG & Co. KGaA

Key Points: 
  • EQS-News: SCHOTT Pharma AG & Co. KGaA
    SCHOTT Pharma AG & Co. KGaA: SCHOTT Pharma shares to be offered within price range of EUR 24.50 to EUR 28.50 per share
    The issuer is solely responsible for the content of this announcement.
  • Depending on the final issue price and number of shares placed, the total market capitalization of SCHOTT Pharma will be between around EUR 3.69 billion and
    EUR 987 million.
  • Trading of SCHOTT Pharma shares on the Frankfurt Stock Exchange (Prime Standard) is expected to begin on September 28, 2023.
  • The IPO will enable us to accelerate the growth of SCHOTT AG and SCHOTT Pharma and support the Group’s green transition,” says Dr. Frank Heinricht, CEO of SCHOTT AG.

ASEAN Summit 2023: Indonesia identifies cooperation projects worth US$32 billion through AIPF

Retrieved on: 
Saturday, September 9, 2023

JAKARTA, Sept 9, 2023 - (ACN Newswire) - Indonesia identified cooperation projects worth US$32 billion through business matching activities carried out during the ASEAN-Indo-Pacific Forum (AIPF), held on September 5-6.

Key Points: 
  • JAKARTA, Sept 9, 2023 - (ACN Newswire) - Indonesia identified cooperation projects worth US$32 billion through business matching activities carried out during the ASEAN-Indo-Pacific Forum (AIPF), held on September 5-6.
  • As the organizer of the AIPF, which is the flagship event of the 43rd ASEAN Summit, Indonesia is also seeking cooperation for projects from other countries with a total value of US$810 million.
  • He mentioned that some of the largest SOEs in Indonesia, such as Pertamina, Pupuk Indonesia, PLN, Pelindo, Jasa Marga, MIND ID, and Injourney also participated in the AIPF.
  • ASEAN member states such as Brunei, Myanmar, Thailand, Malaysia, and the Philippines presented potential projects in the telecommunications and infrastructure sectors.

EQS-News: Supervisory Board appoints Bernd Spalt as new Chief Risk Officer of Commerzbank

Retrieved on: 
Saturday, September 16, 2023

At its meeting today, the Supervisory Board of Commerzbank has appointed Bernd Spalt as the new Chief Risk Officer to the Board of Management Directors, with effect from 1 January 2024.

Key Points: 
  • At its meeting today, the Supervisory Board of Commerzbank has appointed Bernd Spalt as the new Chief Risk Officer to the Board of Management Directors, with effect from 1 January 2024.
  • Bernd Spalt, as a former member of the Board of Directors of Erste Group and Erste Bank Austria, has many years of experience in all areas of risk management.
  • The Chairman of the Supervisory Board of Commerzbank, Jens Weidmann, commented on the appointment of Bernd Spalt: “We are very pleased to have been able to recruit Bernd Spalt as a high-profile Chief Risk Officer for Commerzbank.
  • The Supervisory Board at the same time thanks Marcus Chromik for his achievements during 15 years in risk management at Commerzbank, including 8 years as Chief Risk Officer and member of the Board of Managing Directors.”
    Commerzbank’s Chief Executive Officer, Manfred Knof, said: “We are very happy to have found such a highly qualified successor to Marcus Chromik with Bernd Spalt.

Institutional Investor Launches 2023 Developed Europe, 2023 UK Small & Midcap and 2023 Emerging Emea Research Rankings

Retrieved on: 
Wednesday, September 6, 2023

NEW YORK, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Institutional Investor Research (II Research) surveys are the leading provider of market sentiment in the financial industry. Research budgets remain flat and asset managers are using fewer analysts, but demand for bespoke opinion means that close client relationships and “trusted source” status becomes more important than ever before. With MiFID regulations potentially being rolled back across Europe and UK, the focus on the provision of quality research advisory services may result in a more competitive environment and we may see an increase in research teams across the industry.

Key Points: 
  • NEW YORK, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Institutional Investor Research (II Research) surveys are the leading provider of market sentiment in the financial industry.
  • The Leaders’ Board remains intensely competitive, with seven companies competing for the honour of being rated best research house.
  • The 2023 UK Small & Midcap results reflect the opinions of 359 portfolio managers and analysts at 233 institutions.
  • The Best UK Small & Midcap Broker award represents an aggregate of all 20 research categories, plus the Sales, Corporate Access and Corporate Broking categories.

Securitas issues a MEUR 600 Eurobond

Retrieved on: 
Wednesday, September 6, 2023

STOCKHOLM, Sept. 6, 2023 /PRNewswire/ -- Securitas has today successfully closed a MEUR 600 bond in the Eurobond market with maturity in 2029.

Key Points: 
  • STOCKHOLM, Sept. 6, 2023 /PRNewswire/ -- Securitas has today successfully closed a MEUR 600 bond in the Eurobond market with maturity in 2029.
  • The coupon was 4.375 percent including a margin of 120 basis points.
  • The proceeds will mainly be used to refinance existing debt.
  • The joint lead managers were BBVA, CIC, Citi, Commerzbank, Danske Bank, ING, SEB and UniCredit.