JPMorgan Worldwide Securities Services has been appointed successor depositary bank for the common and preferred share American Depositary Receipt (ADR) programs for Petrobras. Petrobras is a Brazilian government-controlled company engaged in the exploration, refining, production and sale of petroleum and its by-products. It is the country’s largest integrated energy company with a market capitalization of approximately US$108bn. Each common share Petrobras American depositary share represents four common shares, and each preferred share Petrobras American depositary share represents four preferred shares. The common and preferred shares trade on the Sao Paulo Stock Exchange, BOVESPA, and both American depositary shares trade on the New York Stock Exchange. Petrobras shares are also traded on LATIBEX (Madrid) and the BCBA (Buenos Aires) Exchanges.
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