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Deutsche Bank Appointed as Successor Depositary Bank for the American Depositary Receipt Program of ABB Ltd

Jul 01, 2024

Contract Type

partnership

FrankfurtFinancial ServicesFinanceLendingBanking

Description

Deutsche Bank has been appointed as the successor depositary bank for the sponsored American Depositary Receipt Program of ABB Ltd. This partnership signifies a key development in the management of ADR programs for ABB Ltd.

Company Information

Company

Deutsche Bank

Location

Frankfurt, Hesse, Germany

About

Sabih Behzad, Deutsche Bank’s Head of Digital Assets & Currencies Transformation, explains how his football team could make money in the metaverse. For Fred Turner from Stanford University, "the metaverse" is the invention of a marketing department. Why we should take our freedom rights very seriously also in the digital sphere.

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Agreement Insights

What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

Deutsche Bank signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.