JPMorgan has opened the Class “A” American Depositary Receipt (ADR) program for Royal Dutch Shell in connection with the successful unification of the Royal Dutch Petroleum Company and Shell Transport and Trading. The Royal Dutch Class “A” ADR program is valued at approximately $30bn. Trading has commenced in the new Class “A” ADRs on the NYSE under the symbol RDS.A. JPMorgan is acting as the exchange agent in the tender of the Royal Dutch New York Shares for the new Class “A” ADRs as well as the depositary bank for the company’s Class “A” ADR program. For the first time since the company’s amalgamation of Royal Dutch and Shell Transport’s business interests 98 years ago, shares of Royal Dutch Shell as a single entity are now traded on Euronext Amsterdam, the London Stock Exchange and as ADRs on the New York Stock Exchange.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more