Remco, a tourism villages construction firm, has appointed JP Morgan as depositary bank for its American Depositary Receipt (ADR) programme.
This is the first depositary receipt programme in the Middle East and North Africa since 2009 and JP Morgan’s first ADR programme in Egypt – the largest DR market in the region.
Ayoub Adly Ayoub, Remco’s chief executive officer (CEO), said: “Through this ADR programme we plan to support our business expansion plans and increase our visibility to the international investor community. The JP Morgan team clearly demonstrated strong credentials and an in-depth knowledge of the ADR market and we believe their investor relations experience will be invaluable in achieving our aims.”
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