Husqvarna, a Sweden-based company, has appointed Citi Global Transaction Services business, acting through Citibank, as successor depositary for its sponsored level 1 American depositary receipt (ADR) programme. Husqvarna’s ADR programme trades in the over-the-counter (OTC) marketplace, with each ADR comprised of two ordinary shares.
Boel Sundvall, senior vice president corporate communications and investor relations (IR) of Husqvarna, said: “We are pleased with the appointment of Citi as our new ADR depositary and look forward to working closely with them to add continued value both to our existing and potential shareholders in the US.”
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