AT1

EQS-News: SREP capital requirements for Commerzbank remain unchanged for 2023

Retrieved on: 
Sunday, January 22, 2023

In the annual Supervisory Review and Evaluation Process (SREP) the European Central Bank has confirmed that the bank-specific capital requirements for the Commerzbank Group remain unchanged for 2023.

Key Points: 
  • In the annual Supervisory Review and Evaluation Process (SREP) the European Central Bank has confirmed that the bank-specific capital requirements for the Commerzbank Group remain unchanged for 2023.
  • The additional own funds requirement for Pillar 2 (P2R) still stands at 2% of total capital, thereof at least 1.125% have to be covered with Common Equity Tier 1 (CET1) capital.
  • The SREP decision replaces the previous SREP decision with effect from 1 January 2023.
  • As of 30 September 2022, the pro forma CET1 requirement for Commerzbank on group level stands unchanged at 9.44% of risk weighted assets (MDA threshold) when applying the new SREP decision.

SREP capital requirements for Commerzbank remain unchanged for 2023

Retrieved on: 
Sunday, January 22, 2023

Bettina Orlopp: "With a 13.8% CET-1 rate as of 30 September 2022, we have a comfortable buffer to the MDA threshold."

Key Points: 
  • Bettina Orlopp: "With a 13.8% CET-1 rate as of 30 September 2022, we have a comfortable buffer to the MDA threshold."
  • In the annual Supervisory Review and Evaluation Process (SREP) the European Central Bank has confirmed that the bank-specific capital requirements for the Commerzbank Group remain unchanged for 2023.
  • The SREP decision replaces the previous SREP decision with effect from 1 January 2023.
  • As of 30 September 2022, the pro forma CET1 requirement for Commerzbank on group level stands unchanged at 9.44% of risk weighted assets (MDA threshold) when applying the new SREP decision.

eYs3D Launches One-Stop XINK Development Platform for Vision-Equipped Robots

Retrieved on: 
Tuesday, January 3, 2023

LAS VEGAS and TAIPEI, Taiwan, Jan. 3, 2023 /PRNewswire/ -- eYs3D Microelectronics, a subsidiary of Etron Technology (TPEx: 5351. TW), a subsidiary of Etron Technology (TPEx: 5351. TW), launched at CES a state-of-the-art computer vision development platform for next-generation autonomous robotic applications such as AIoT (artificial intelligence of things), smart city, indoor cleaning robots, and outdoor agricultural robots for both industrial and retail sectors.

Key Points: 
  • TW), launched at CES a state-of-the-art computer vision development platform for next-generation autonomous robotic applications such as AIoT (artificial intelligence of things), smart city, indoor cleaning robots, and outdoor agricultural robots for both industrial and retail sectors.
  • XINK provides all the necessary elements for product development, including high-performance compute power, AI accelerator, I/O controls and Flexi-bus communication peripherals, smart power management and machine vision subsystems.
  • The modular XINK platform takes care of low-level programming, freeing developers to use cut-and-paste coding for application-specific design while reducing design cycles for quicker commercialization.
  • The eYs3D stereo video and depth camera, empowered by eSP87x, can be connected to the XINK platform via USB to capture video and depth stream for 3D data creation and for AI/ML analysis.

EQS-News: Aareal Bank’s strong operating performance in the third quarter largely offsets additional loss allowance for Russia

Retrieved on: 
Friday, November 11, 2022

Wiesbaden, 10 November 2022 Aareal Bank Group generated strong operating performance in the third quarter of 2022, improving quarterly results over the previous quarter and the third quarter of 2021, even though the Banks remaining Russian exposure is a burdening factor.

Key Points: 
  • Wiesbaden, 10 November 2022 Aareal Bank Group generated strong operating performance in the third quarter of 2022, improving quarterly results over the previous quarter and the third quarter of 2021, even though the Banks remaining Russian exposure is a burdening factor.
  • Consolidated operating profit rose by 32 per cent in the third quarter to 66 million (Q3 2021: 50 million).
  • That includes loss allowance totalling 63million (Q3 2021: 39 million), of which 43million is attributable to Russia.
  • Jochen Klsges, Chief Executive Officer, commented: We are very pleased with Aareal Bank Groups performance so far this year.

Commerzbank continues strong business performance – key targets confirmed

Retrieved on: 
Friday, November 11, 2022

Over the course of the third quarter, revenue momentum continued to increase driven by strong customer business and rising interest rates.

Key Points: 
  • Over the course of the third quarter, revenue momentum continued to increase driven by strong customer business and rising interest rates.
  • Thus, Commerzbank is well on track to reach the target of 207 billion by the end of the year.
  • Against the backdrop of a continued strong customer business and rising interest rates, Commerzbank increased its revenues by 12% to 7,098 million (9M2021: 6,353million) from January to September.
  • The Bank continues to target total costs at 6.4billion, although pressure from inflation continues to increase.

DGAP-News: Aareal Bank reports good second-quarter results, despite challenging market environment

Retrieved on: 
Wednesday, August 10, 2022

Aareal Bank reports good second-quarter results, despite challenging market environment

Key Points: 
  • Aareal Bank reports good second-quarter results, despite challenging market environment
    The issuer is solely responsible for the content of this announcement.
  • Wiesbaden, 10 August 2022 Aareal Bank Group achieved good results for the second quarter of 2022, despite a challenging market environment.
  • Jochen Klsges, Chief Executive Officer, explained: Despite high volatility and macro-economic turbulences, we have posted good results for the second quarter.
  • Moreover, Aareal Bank has further diversified its funding mix, for example by concluding a cooperation with Raisin and Deutsche Bank to gain efficient market access to deposits from private clients.

Commerzbank doubles operating result to 1.3 billion euros in the first six months of the year

Retrieved on: 
Wednesday, August 3, 2022

In the first six months, we have increased our revenues in both segments above our expectations and more than doubled our operating profit.

Key Points: 
  • In the first six months, we have increased our revenues in both segments above our expectations and more than doubled our operating profit.
  • All in all, the operating result increased considerably in the second quarter to 746million (Q22021: 32million); in the first six months the operating result was 1,289 million (H12021: 570million).
  • In the second quarter, mBank contributed a total of 103million (Q22021: 40million) to the operating result of Commerzbank.
  • In total, the segment improved its operating result by nearly 35% to 325million (Q22021: 241million).

DGAP-News: Commerzbank doubles operating result to 1.3 billion euros in the first six months of the year

Retrieved on: 
Wednesday, August 3, 2022

In the first six months, we have increased our revenues in both segments above our expectations and more than doubled our operating profit.

Key Points: 
  • In the first six months, we have increased our revenues in both segments above our expectations and more than doubled our operating profit.
  • All in all, the operating result increased considerably in the second quarter to 746million (Q22021: 32million); in the first six months the operating result was 1,289 million (H12021: 570million).
  • In the second quarter, mBank contributed a total of 103million (Q22021: 40million) to the operating result of Commerzbank.
  • In total, the segment improved its operating result by nearly 35% to 325million (Q22021: 241million).

CoreSite Expands into Atlanta and Orlando Data Center Markets

Retrieved on: 
Tuesday, June 7, 2022

CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (American Tower), today announced its expansion into the Atlanta and Orlando markets with the integration of three American Tower assets into CoreSites data center ecosystem: Atlanta AT1 (55 Marietta Street NW, Atlanta, GA, 30303), Atlanta AT2 (1130 Powers Ferry Place, Marietta, GA, 30067) and Orlando OR1 (9701 S. John Young Parkway, Orlando, FL, 32819).

Key Points: 
  • CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (American Tower), today announced its expansion into the Atlanta and Orlando markets with the integration of three American Tower assets into CoreSites data center ecosystem: Atlanta AT1 (55 Marietta Street NW, Atlanta, GA, 30303), Atlanta AT2 (1130 Powers Ferry Place, Marietta, GA, 30067) and Orlando OR1 (9701 S. John Young Parkway, Orlando, FL, 32819).
  • As one of the fastest-growing data center markets, Atlanta has the third-largest concentration of Fortune 500 companies in the United States.
  • CoreSites Atlanta data center campus includes AT1, which is located in the second most interconnected building in the heart of downtown Atlanta, and AT2 in Marietta.
  • The integration of these assets into the CoreSite data center portfolio expands upon CoreSites offering to now include 27 data centers in 10 markets, 450+ networks, 23 native cloud onramps and 35,000+ interconnections.

Julius Baer Group Ltd. places USD Perpetual Tier 1 Subordinated Bonds

Retrieved on: 
Tuesday, June 7, 2022

Zurich, 1 June 2022 Today, Julius Baer Group Ltd. has successfully placed perpetual non-cumulative Additional Tier 1 (AT1) securities in a USD 400 million transaction with private banks and institutional investors in Asia and Europe.

Key Points: 
  • Zurich, 1 June 2022 Today, Julius Baer Group Ltd. has successfully placed perpetual non-cumulative Additional Tier 1 (AT1) securities in a USD 400 million transaction with private banks and institutional investors in Asia and Europe.
  • The transaction will help to optimise Julius Baer Groups capital structure and add flexibility.
  • This announcement is not and shall not be interpreted or construed as a solicitation to purchase any securities of/in Julius Baer Group.
  • Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients.