Deutsche Bank has been appointed as depositary bank for the level 1 American Depositary Receipt (ADR) programme of Vivendi, the communications and entertainment company.
Stéphane Boujnah, Managing Director at Deutsche Bank in Paris, said, “This transaction reflects the continued commitment of Deutsche Bank to the French market and demonstrates the confidence that leading French corporates, global leaders in their industry, are placing in the Deutsche Bank platform.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.