(IN BRIEF) Outokumpu is converting EUR 2.5 million of its outstanding convertible bond into 941,832 new shares and simultaneously canceling an equal number of treasury shares to keep its total share count unchanged. Following the transaction, the company will retain … Read the full press release
(IN BRIEF) Naked, South Africa’s fully digital insurance platform, has secured a USD 4 million equity investment from DEG to further its growth by enhancing automation, expanding its product offerings, and attracting more customers through targeted advertising. This is part … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News, Technology
Tagged advertising, AI, Alex Thomson, automation, BlueOrchard, claims processing, DEG, digital insurance platform, digitalization, economic growth, equity capital, financial inclusion, Financial Transformation, Hollard, IFC, insurance model, InsureTech, insurtech, market expansion, Monika Beck, Naked, partnership, product expansion, South Africa, sustainability, technology platform, Yellowwoods
(PRESS RELEASE) FRANKFURT, 18-Aug-2020 — /EuropaWire/ — One of the world’s leading financial service providers Deutsche Bank (ETR: DBK) has announced that Huynh Buu Quang, a respected Vietnamese banker, will be appointed as Acting Chief Country Officer (CCO) Vietnam, pending … Read the full press release
Posted in Banks, Financial, Germany, Management, News
Tagged Alexander von zur Muehlen, appointment, BANKING, Burkhard Ziegenhorn, Cash Management, debt, Deutsche Bank, eCommerce, equity capital, financial institutions, financing, FX, Huynh Buu Quang, loan, State Bank of Vietnam, trade finance, Vietnam, Vietnamese corporates
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