Norinchukin Bank

Lowey Dannenberg, P.C. Announces an Additional Settlement for Those Who Have Transacted in Euroyen-Based Derivatives Between January 1, 2006 through June 30, 2011

Retrieved on: 
Thursday, March 21, 2024
Barclays, J. P. Morgan, Agreement, Hearing, JPMorgan Chase, E pluribus unum, HSBC (United Kingdom), HSBC Bank, HSBC, American Bankers Association, Bank, TP ICAP, Chase Bank, Singapore Exchange, UBS AG, Sumitomo Mitsui Banking Corporation, Class, Lawyer, Interbank, Citibank, National Association, Person, Citigroup, Fairness, Tokyo Financial Exchange, Negotiation, GBD, Mitsubishi Group, District court, UBS, Defendant, Vexatious litigation, Knowledge, Settlement, Resona Holdings, TP, Norinchukin Bank, Shinkin Central Bank, TFX, Prior, Government, Société Générale, Plaintiff, Notice, CME, Conspiracy theory, Chicago Mercantile Exchange, ICAP, Court

The Settlement will provide an additional $35,000,000 to pay claims from persons who transacted in Euroyen-Based Derivatives from January 1, 2006 through June 30, 2011, inclusive.

Key Points: 
  • The Settlement will provide an additional $35,000,000 to pay claims from persons who transacted in Euroyen-Based Derivatives from January 1, 2006 through June 30, 2011, inclusive.
  • Before any money is paid, the Court will hold a Fairness Hearing to decide whether to approve the Settlement.
  • Contact your brokerage firm to see if you purchased, sold, held, traded, or otherwise had any interest in Euroyen-Based Derivatives.
  • These payments will also be deducted from the Settlement Fund before any distributions are made to the Settlement Class.

01Fintech Invests US$20 Million in Validus to Drive SME Financing in the Southeast Asia Region

Retrieved on: 
Thursday, December 14, 2023
Norinchukin Bank, SME, GDP, Asian Development Bank, Citibank, Risk, FMO, Algorithm, SEA, Partnership, Ant Group, Growth, VNG, Ministry of Co-operation, Bank, GCash, Fatal Five, KakaoPay

SINGAPORE, Dec. 13, 2023 /PRNewswire/ -- 01Fintech, a growth stage private equity firm founded by former Ant-Group executive and specialising in financial technology in Southeast Asia, today announced a significant US$20-million investment in Validus, a market-leading small-and-medium-enterprises (SME) supply-chain financing platform with operations in Indonesia, Singapore, Thailand and Vietnam.

Key Points: 
  • 01Fintech recognizes the tremendous potential of Validus' unique approach to SME financing which has led to its rapid growth and partnerships with the world's largest financial institutions such as Citibank and other major global banks.
  • Since its inception in 2015, Validus has disbursed more than US$3 billion[1] in loans to small businesses across Southeast Asia.
  • Southeast Asia represents a tremendous US$490 billion SME financing gap opportunity for specialized digital lenders with strong credit assessment capabilities.
  • With the support of 01Fintech, we aim to cement our leadership as the number one digital SME financing company in the region.

Settlement Administrator Angeion Group Announces Proposed Settlement In U.S. Dollar LIBOR-Based Instrument Class Action

Retrieved on: 
Friday, September 22, 2023
Class Action Lawsuit, Professional Services, Legal, JPMorgan Chase, RBC, Royal Bank of Canada, HSBC, Société Générale, Class representative, Bank of Scotland, MUFG, Class, HBOS, Vexatious litigation, Royal Bank of Scotland, Lloyds Banking Group, Deutsche Bank, Credit Suisse, Settlement, Bank of America, Lloyds Bank, Hearing, Court, UBS, Citibank, Bank, Barclays, Pharmaceutical industry, Security (finance), Portigon Financial Services, Norinchukin Bank, Rabobank

Earlier settlements totaling $680 million were reached with Barclays, Citibank, Deutsche Bank, HSBC, MUFG, Norinchukin, and SocGen bringing the total settlement amount to $781 million.

Key Points: 
  • Earlier settlements totaling $680 million were reached with Barclays, Citibank, Deutsche Bank, HSBC, MUFG, Norinchukin, and SocGen bringing the total settlement amount to $781 million.
  • The remaining Non-Settling Defendants include Bank of America, Credit Suisse, JPMorgan Chase, Royal Bank of Scotland, and UBS.
  • If you stay in the Settlement Class, you may object to the Settlement by November 17, 2023.
  • For more information, including the full Notice and Settlement Agreement, visit www.USDollarLiborSettlement.com , email [email protected] , or call 1-888-619-8688
    View source version on businesswire.com: https://www.businesswire.com/news/home/20230922307645/en/

Settlement Administrator Angeion Group Announces Proposed Settlement In U.S. Dollar LIBOR-Based Instrument Class Action

Retrieved on: 
Friday, July 28, 2023
Class Action Lawsuit, Professional Services, Legal, JPMorgan Chase, Royal Bank of Canada, HSBC, Class representative, MUFG Bank, Class, HBOS, Vexatious litigation, Royal Bank of Scotland, Deutsche Bank, Credit Suisse, Settlement, Bank of America, Hearing, Court, UBS, Citibank, Rabobank, Bank, Barclays, Pharmaceutical industry, Security (finance), Portigon Financial Services, Norinchukin Bank

A Settlement totaling $90 million has been reached with MUFG Bank, Ltd., The Norinchukin Bank, and Société Générale.

Key Points: 
  • A Settlement totaling $90 million has been reached with MUFG Bank, Ltd., The Norinchukin Bank, and Société Générale.
  • Earlier settlements totaling $590 million were reached with Barclays, Citibank, Deutsche Bank, and HSBC, bringing the total settlement amount to $680 million.
  • If you stay in the Settlement Class, you may object to the Settlement by September 29, 2023.
  • For more information, including the full Notice and Settlement Agreement, visit www.USDollarLiborSettlement.com , email [email protected] , or call 1-888-619-8688
    View source version on businesswire.com: https://www.businesswire.com/news/home/20230728362182/en/

Neutral Foods Named to Inc.'s 2022 Best in Business List in Food & Beverage and Sustainability Categories

Retrieved on: 
Tuesday, December 6, 2022
Graduates of BEST International Business Schools, Social media, Dairy, CVC, Food, Transport, Conference, Environment, Commonwealth Associates, Inc., Sustainability, Silver, LeBron James, Breakthrough Energy, Global brain, Agriculture, Collaborative Fund, Knowledge, Climate, Aladdin (food & beverage containers), Kirin Holdings, Murder, Norinchukin Bank, Swedish Business Awards, Gold, Taste, Farmer, Climate change, Carbon, Milk, Neutral, Questlove, Limited

PORTLAND, Ore., Dec. 6, 2022 /PRNewswire-PRWeb/ -- Neutral Foods, the nation's first carbon neutral food company, has been named to the Inc. 2022 Best in Business list in both the Food & Beverage and Sustainability categories. Inc.'s Best in Business Awards honor companies that have made an extraordinary impact in their fields and on society.

Key Points: 
  • PORTLAND, Ore., Dec. 6, 2022 /PRNewswire-PRWeb/ -- Neutral Foods , the nation's first carbon neutral food company, has been named to the Inc. 2022 Best in Business list in both the Food & Beverage and Sustainability categories.
  • Inc.'s Best in Business Awards honor companies that have made an extraordinary impact in their fields and on society.
  • They then selected honorees in 55 different categories from advertising to sustainability to retail, and more and in age-based, revenue-based, size-based, and impact-based categories.
  • Neutral Foods , the first carbon neutral food company in the United States, backed by Bill Gates founded Breakthrough Energy Ventures, offers carbon neutral dairy products nationwide.

Choosing Neutral milk will help reduce Santa's carbon footprint

Retrieved on: 
Thursday, December 1, 2022
Sprouts, Giant, Farm, Half dollar (United States coin), Kirin Holdings, Giant Eagle, Milk, Norinchukin Bank, CVC, United States Census Bureau, Climate change, LeBron James, Farmer, Glass, Dairy, Whole Foods Market, Pew Research Center, Butter, Collaborative Fund, Electricity, Breakthrough Energy, The Fresh Market, Carbon, Global brain, Pew, Toy, Grocery store, Questlove, Limited, Neutral

PORTLAND, Ore., Dec. 1, 2022 /PRNewswire-PRWeb/ -- Neutral Foods, the nation's first carbon neutral food company, is imagining a scenario where every household in the U.S. celebrating the tradition of leaving milk and cookies out for Santa chooses Neutral milk. Small changes can really add up to help with climate change.

Key Points: 
  • This Christmas Eve, make an easy choice that benefits the planet and leave a glass of carbon neutral milk out for Mr. Claus
    PORTLAND, Ore., Dec. 1, 2022 /PRNewswire-PRWeb/ -- Neutral Foods , the nation's first carbon neutral food company, is imagining a scenario where every household in the U.S. celebrating the tradition of leaving milk and cookies out for Santa chooses Neutral milk.
  • "Consumers can make a positive environmental impact simply by choosing Neutral in the dairy aisle," said Marcus Lovell Smith, CEO, Neutral Foods.
  • Neutral Foods, the first carbon neutral food company in the United States, backed by Bill Gates, founded Breakthrough Energy Ventures, offers carbon neutral dairy products nationwide.
  • Neutral has organic and conventional carbon neutral dairy solutions, including whole milk, 2 %, half-and-half, and butter.

If You Owned a U.S. Dollar LIBOR-Based Debt Security between August 1, 2007 and May 31, 2010, You May Be Eligible To Receive A Payment From Settlement Funds Totaling $1.749 Million

Retrieved on: 
Monday, November 28, 2022
Client First Settlement Funding, Debt, Bank, NOT, Credit Suisse, Claim, Norinchukin Bank, LIBOR, Courthouse, Lawyer, Defendant, Class, Court, Security, United States courts of appeals, Condition subsequent, CUSIP, District court, Virginia General District Court, Hearing, London Interbank Bid Rate, Bond (finance), MUFG Bank, Lease, Pharmaceutical industry

This class action was brought on behalf of holders of U.S. Dollar LIBOR-Based Debt Securities alleging price-fixing and manipulation of the London Interbank Offered Rate.

Key Points: 
  • This class action was brought on behalf of holders of U.S. Dollar LIBOR-Based Debt Securities alleging price-fixing and manipulation of the London Interbank Offered Rate.
  • Plaintiffs previously settled with seven other defendants for a total of $68.625 million (the "Initial Settlements").
  • The Court of Appeals upheld the District Court's dismissal of the Bondholder Action on the merits, ending the case as to the non-settling defendants.
  • Recovery for any new claims submitted in the Subsequent Settlements will be limited to the net settlement funds in the Subsequent Settlements.

Neutral Foods partners with FarmRaise to help distribute $1 million in funding toward carbon-reducing farm projects over the next year

Retrieved on: 
Wednesday, November 2, 2022
Sprouts, Giant, Goal, Breakthrough Energy, Farmer, Methane, Half dollar (United States coin), Kirin Holdings, The Fresh Market, Carbon footprint, Partnership, Butter, Database, LeBron James, Agriculture, CVC, Global brain, Collaborative Fund, Giant Eagle, Technology, Adoption, Dairy, Manure, Investor, Norinchukin Bank, Carbon, Farm, USDA, Milk, Solution, Whole Foods Market, Grocery store, Renewable energy, Limited, Questlove, Neutral

PORTLAND, Ore., Nov. 2, 2022 /PRNewswire-PRWeb/ -- Neutral Foods, the nation's first carbon neutral foods company, is partnering with FarmRaise, a startup that has developed an end-to-end farm funding software platform dedicated to scaling regenerative agriculture through financial access. Neutral is the first partner to offer private grants via the FarmRaise platform, which typically assists farmers in navigating and applying for funding opportunities such as conservation grants and operational microloans.

Key Points: 
  • Neutral Foods is committing $1 million to scale the adoption of climate-smart practices through 2023.
  • FarmRaise, a U.S.-based remote company, helps farmers apply for funding quickly and efficiently and keeps them updated with alerts tailored to each farmer's goals.
  • Neutral Foods, the first carbon neutral food company in the United States, backed by Bill Gates founded Breakthrough Energy Ventures, offers carbon neutral dairy products nationwide.
  • FarmRaise delivers digital tools for farmers to master their farm finances and access farm funding.

The second fund of UTokyo Innovation Platform Co. comes to final closing with JPY25.6 billion, involving 11 institutional investors

Retrieved on: 
Thursday, February 10, 2022
Initial public offering, Industry, Growth, Norinchukin Bank, JPY, MUFG Bank, AOI, SBI Group, Investment, IPC, Daikin, General partnership, Program, Private sector, University, USD, Like a Boss (film), University of Tokyo, Ecosystem, Partnership, Sumitomo Mitsui Banking Corporation, Financial services

Under "Kanmin Innovation Program" (Note), UTokyo established UTokyo IPC in 2016 as a wholly owned subsidiary. Its objective is to further expand its startup ecosystem through organic partnership with startups, investors such as venture capital firms and established companies and universities/research institutes, thereby making it a global hub for innovation. The IPC Fund 1, which UTokyo IPC launched immediately after its foundation, has so far invested in 25 companies. Three have succeeded in launching IPOs. UTokyo IPC also hosts "1stRound," a university-affiliated semi-annual incubation program launched in 2017. It currently operates as an industry-supported consortium with 17 industry partners and sponsors, as well as four national universities -- including UTokyo. Forty-three alumni startups are leveraging this program to actively develop their business, and five of them are receiving our continued support through investment from AOI Fund 1.

Key Points: 
  • The Accelerating Open Innovation Fund 1 (AOI Fund 1) is an investment limited partnership that was established in 2020 to facilitate open innovation through industry-academia collaboration.
  • UTokyo IPC is the unlimited liability partner of the fund, while UTokyo serves as its anchor limited partner.
  • The final closing amount of JPY 25.6 billion exceeds the amount of UTokyo IPC's first fund, Innovation Platform No.
  • 1 Investment Limited Partnership (IPC Fund 1), which was launched in 2016, with a pledged financial contribution of JYP25.0 billion.

The second fund of UTokyo Innovation Platform Co. comes to final closing with JPY25.6 billion, involving 11 institutional investors

Retrieved on: 
Thursday, February 10, 2022
Citadel, Initial public offering, Acceleration, Growth, AOI, Institute of Medical Science (Japan), Ecosystem, University of Tsukuba, University, Industry, Norinchukin Bank, NTT Data, Program, Private sector, Institute, Tokyo Institute of Technology, USD, University of Tokyo, Entrepreneurship, Advisory board, Tokyo Medical and Dental University, IPC, Barcelona Graduate School of Economics, GDP, Note 2, Samsung Galaxy Note (original), JPY, MUFG Bank, SBI Group, Investment, Daikin, General partnership, Coronavirus Scientific Advisory Board (Turkey), Like a Boss (film), Lists of diseases, Medicine, Partnership, Graduate school, Gross domestic product, Sumitomo Mitsui Banking Corporation, Financial services, Pharmaceutical industry, Economics

The Accelerating Open Innovation Fund 1 (AOI Fund 1) is an investment limited partnership that was established in 2020 to facilitate open innovation through industry-academia collaboration.

Key Points: 
  • The Accelerating Open Innovation Fund 1 (AOI Fund 1) is an investment limited partnership that was established in 2020 to facilitate open innovation through industry-academia collaboration.
  • UTokyo IPC is the general partner of the fund, while UTokyo serves as its anchor limited partner.
  • This exceeds the amount of UTokyo IPC's first fund, Innovation Platform No.
  • About University of Tokyo Innovation Platform Co., Ltd. (UTokyo IPC)
    (Note 1) TradeWaltz Inc. is a Tokyo-based company that operates the international trade information-sharing platform "TradeWaltz."