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AB SEB Bankas Annual Report
AB SEB bankas Annual report 2020 Translation note Financial statements have been prepared in Lithuanian and English languages. In all matters of interpretation of information, views or opinions, the Lithuanian language version of the financial statements takes precedence over the English language version. AB SEB bankas TABLE OF CONTENTS PAGES CONSOLIDATED ANNUAL REPORT 3 - 23 FINANCIAL STATEMENTS INCOME STATEMENT 24 STATEMENT OF COMPREHENSIVE INCOME 25 STATEMENT OF FINANCIAL POSITION 26 STATEMENT OF CHANGES IN EQUITY 27 - 28 STATEMENT OF CASH FLOWS 29 -30 NOTES TO THE FINANCIAL STATEMENTS 31 - 109 INDEPENDENT AUDITOR’S REPORT 110 – 113 Page 2 of 113 AB SEB bankas CONSOLIDATED ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 (all amounts in EUR thousand unless otherwise stated) CONSOLIDATED ANNUAL REPORT OF AB SEB BANKAS GROUP FOR THE YEAR ENDED 31 DECEMBER 2020 1. Reporting period covered by the Consolidated Annual Report This Consolidated Annual Report (hereinafter the Report) has been prepared for the year ended 31 December 2020. All numbers presented are as of 31 December 2020 or for the year then ended, unless specified otherwise. The Consolidated Annual Report covers consolidated information on AB SEB Bankas (also referred as the Bank) and its subsidiary UAB “SEB investicijų valdymas” – together referred as the Group. 2. Information on branches and representative offices As of 31 December 2020, the Bank had three regional branches: AB SEB bankas Eastern Region Branch (address Konstitucijos ave. 24, LT-08105 Vilnius), AB SEB bankas Middle Region Branch (address Nemuno str. 3, LT-44295 Kaunas), and AB SEB bankas Western Region Branch (address H. -
Snapshot of Notable Global COO, CIO and CISO Moves and Appointments
Snapshot of notable global COO, CIO and CISO moves and appointments September 2016 For the latest EMEA, Americas and Asia Pacific moves across: Analytics Data Corporate Services Cyber-Security Facilities Operations Procurement Technology Vendor Management Snapshot of notable global Operations and Technology moves and appointments Page 1 / 6 Next update due: January 2017 People Moves FS EMEA John Burns, the former CTO of Pioneer Investments, joins Cyril Reol, former Glencore CIO, has joined Man Group Deutsche Bank as Global CIO, COO Asset Management as Deputy CTO. Garry Beaton, former Global Head of Operations at Core Technology . Andrew Brown, former Barclays UK Private Bank Chief of Ashmore, joins the Abu Dhabi Investment Authority as its Tom Waite, joins Deutsche Bank as an MD within Staff, has joined US Expat and Fatca Specialist Maseco Global Head of Operations. electronic trading. Waite joined from Bank of America, Private Wealth as its COO. Lesley Cairney has joined Artemis Investment where he was also an MD. Before that, he was an MD at Ken Moore, former Head of Citi Innovation Labs, joins Management as COO. She was formerly at Henderson Goldman Sachs for six years until May 2014. MasterCard as EVP Labs, running global innovation. Global Investors as COO. Amish Popat joins Dromeus Capital Group as COO from David Grant has joined Nationwide as Head of IT and Lewis Love, the former Global Chief Procurement Officer New Amsterdam Capital, where he was the Finance and Security Risk from Lloyds Banking Group, where he was for Aon has been named as the COO for Bank of Ireland, Operations Manager. -
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ORANGE COUNTY TREASURER-TAX COLLECTOR APPROVED ISSUER LIST COMMERCIAL PAPER / MEDIUM TERM NOTES AS OF: 2/28/2007 CR S/T RATINGS L/T RATINGS PROG RATINGS IND. ISSUER (Shared Structure) # S&P MDY FI S&P MDY FI S&P MDY FI PARENT/ ADMINISTRATOR CODE ADP TAX SERVICES INC 1 A-1+ P-1 NR AAA Aaa NR A-1+ P-1 NR AUTO DATA PROCES 9.4 ALCON CAPITAL CORP 1 A-1+ P-1 NR NR NR NR A-1+ P-1 F1+ NESTLE SA 4.7 AMERICAN HONDA FINANCE 9 A-1 P-1 F1 A+ A1 *+ NR A-1 P-1 F1 AMER HONDA MOTOR 3.3 AMSTERDAM FUNDING CORP 7 NR NR NR NR NR NR A-1 P-1 NR ABN AMRO Bank N.V 7.4 AB AUTOMATIC DATA PROCESSNG 1 A-1+ P-1 NR AAA Aaa NR A-1+ P-1 NR AUTOMATIC DATA PROCESSING, INC. 9.4 AQUINAS FUNDING LLC 3 NR NR NR NR NR NR A-1+ P-1 NR RABOBANK NEDERLAND 7.4 AB ASPEN FUND (w/ Newport Fund) 3 NR NR NR NR NR NR A-1+ P-1 F1+ DEUTSCHE BANK AG 7.4 AB BANK OF AMERICA CORP 5 A-1+ P-1 F1+ AA Aa2 AA A-1+ P-1 F1+ DOMESTIC BANK/FDIC INSURED 7.1 BARCLAYS US FUNDING LLC 4 A-1+ P-1 F1+ AA Aa1 AA+ A-1+ P-1 NR BARCLAYS BK PLC 7.4 BARTON CAPITAL LLC 3 NR NR NR NR NR NR A-1+ P-1 NR SOC GENERALE 7.4 AB BEETHOVEN FUNDING CORP 7 NR NR NR NR NR NR A-1 P-1 NR DRESDNER BANK, AG 7.4 AB BETA FINANCE INC 1 A-1+ P-1 F1+ AAA Aaa AAA A-1+ P-1 F1+ 7.4 AB BMW US CAPITAL LLC 9 A-1 P-1 NR NR A1 NR A-1 P-1 NR BMW AG 3.3 BNP PARIBAS FINANCE INC 5 A-1+ P-1 F1+ AA Aa2 NR A-1+ P-1 NR BNP PARIBAS 7.4 BRYANT PARK FUNDING LLC 7 NR NR NR NR NR NR A-1 P-1 NR HSBC 7.4 AB CALYON NORTH AMERICA INC 6 A-1+ P-1 F1+ AA- Aa2 AA A-1+ P-1 F1+ CALYON 7.1 CATERPILLAR FIN SERV CRP 10 A-1 P-1 F1 A A2 A+ A-1 P-1 F1 CATERPILLAR INC 8.8 CATERPILLAR INC 10 A-1 P-1 F1 A A2 A+ A A2 A+ #N/A N Ap 8.8 CC USA INC 1 A-1+ P-1 NR AAA Aaa NR AAA Aaa NR SECURITY TRUST 7.4 AB CHARIOT FUNDING LLC 7 NR NR NR NR NR NR A-1 P-1 NR JP MORGAN CHASE 7.4 AB CIT GROUP INC 10 A-1 P-1 F1 A A1 A A-1 P-1 F1 #N/A N Ap 7.4 CITIGROUP FUNDING INC 4 A-1+ P-1 F1+ AA Aa1 AA+ A-1+ P-1 F1+ FORMERLY TRAVELERS GROUP INC. -
Fitch Places 31 EMEA Bank ST Issuer Ratings Under Criteria Observation
5/7/2019 [ Press Release ] Fitch Places 31 EMEA Bank ST Issuer Ratings Under Criteria Observation Fitch Places 31 EMEA Bank ST Issuer Ratings Under Criteria Observation Fitch Ratings-London-07 May 2019: Fitch Ratings has placed 31 Short-Term (ST) Issuer Default Ratings (IDR) and related ST debt level ratings of EMEA-based banks Under Criteria Observation (UCO) following the publication of its cross-sector criteria for Short-Term Ratings on 2 May 2019. A full list of rating actions is below. Fitch intends to conclude full implementation of the criteria, and resolution of all UCO designations within six months of the designation. KEY RATING DRIVERS The ST ratings of the affected banks are determined primarily by correspondence tables linking short-term to long-term ratings. The new ST rating criteria introduced changes to our correspondence table between long-term and ST ratings. Two new cusp points at 'A' and 'BBB+' have been added to the existing three cusp points ('A+', 'A-' and 'BBB'), where baseline or higher ST ratings can be assigned. For banks with Long-Term IDRs driven by their standalone profile, as reflected by their Viability Ratings (VR), Fitch uses the funding and liquidity factor score as the principal determinant of whether the 'baseline' or 'higher' ST IDR is assigned at each cusp point. The ST IDRs and, where relevant, associated ST debt/deposit ratings of the following issuers have been placed UCO because the ratings could be upgraded by one notch under the new criteria. This is because the latest funding and liquidity scores that feed into their VRs are at least in line with the minimum levels required for a higher ST rating under the new criteria: - Banco Cooperativo Espanol, S.A. -
Group Project & Mtp 2022
GROUP PROJECT & MTP 2022 Working every day in the interest of our customers and society INVESTOR DAY – 6 JUNE 2019 Disclaimer This presentation may include forward-looking information and prospective statements on Crédit Agricole Group, supplied as information on trends. These statements and information include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. These statements and information do not represent forecasts within the meaning of European Regulation 809/2004 of 29 April 2004 (chapter 1, article 2, § 10). These statement and information were developed from scenarios based on a number of economic assumptions for a given competitive and regulatory environment. These assumptions are by nature subject to random factors and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and prospective statements. Other than as required by applicable laws and regulations, neither Crédit Agricole S.A. nor any other entities of Crédit Agricole Group undertake any obligation to update or revised any forward-looking information and prospective statements in light of any new information and/or event. Likewise, the financial statements are based on estimates, particularly in calculating market value and asset impairment. Readers must take all these risk factors and uncertainties into consideration before making their own judgement. The figures presented are not audited. The figures presented for the twelve-month period ending 31 December 2018, approved by Crédit Agricole S.A.’s Board of Directors on 13 February 2019, have been prepared in accordance with IFRS as adopted in the European Union and applicable at end-2018, and with prudential regulations currently in force. -
DEUTSCHE BANK AG SECTION 21C of the SECURITIES EXCHANGE ACT of 1934, MAKING Respondent
UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 90875 / January 8, 2021 ACCOUNTING AND AUDITING ENFORCEMENT Release No. 4201 / January 8, 2021 ADMINISTRATIVE PROCEEDING File No. 3-20200 In the Matter of ORDER INSTITUTING CEASE-AND- DESIST PROCEEDINGS PURSUANT TO DEUTSCHE BANK AG SECTION 21C OF THE SECURITIES EXCHANGE ACT OF 1934, MAKING Respondent. FINDINGS, AND IMPOSING A CEASE- AND-DESIST ORDER I. The Securities and Exchange Commission (“Commission”) deems it appropriate that cease- and-desist proceedings be, and hereby are, instituted pursuant to Section 21C of the Securities Exchange Act of 1934 (“Exchange Act”), against Deutsche Bank AG (“Deutsche Bank” or “Respondent”). II. In anticipation of the institution of these proceedings, Deutsche Bank has submitted an Offer of Settlement (the “Offer”) which the Commission has determined to accept. Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the Commission, or to which the Commission is a party, Respondent admits the Commission’s jurisdiction over it and the subject matter of these proceedings, and consents to the entry of this Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order (“Order”), as set forth below. III. On the basis of this Order and Respondent’s Offer, the Commission finds1 that: SUMMARY 1. This matter concerns the improper use, from at least 2009 through 2016, by Deutsche Bank of third-party intermediaries, business development consultants, and finders (collectively “BDCs”) to obtain and retain global business. -
Case M.9539 — BNP Paribas/Deutsche Bank (Global
22.10.2019 EN Offi cial Jour nal of the European Union C 358/11 Prior notification of a concentration (Case M.9539 — BNP Paribas/Deutsche Bank (global prime finance and electronic equities business assets)) Candidate case for simplified procedure (Text with EEA relevance) (2019/C 358/05) 1. On 14 October 2019, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1). This notification concerns the following undertakings: — BNP Paribas SA (‘BNP Paribas’; France), — Certain assets of Deutsche Bank’s prime finance and electronic equities business (the ‘Deustche Bank Target Business’, Germany). BNP Paribas acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the Deutsche Bank Target Business. The concentration is accomplished by way of purchase of assets. 2. The business activities of the undertakings concerned are: — for BNP Paribas: international banking group active in retail banking, asset management, as well as corporate and investment banking, including prime financing and electronic execution services, — for Deutsche Bank Target Business: prime financing and electronic execution services. 3. On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. 4. The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission. -
FINE-TUNED BNP PARIBAS EXCELS at the BUSINESS of BANKING BNP Paribas Is That Rarity: a Large Bank Actually Delivering on Its Promises to Stakeholders
Reprinted from July 2016 www.euromoney.com WORLD’S BEST BANK BNP PARIBAS EXCELS AT THE BUSINESS OF BANKING World’s best bank Reprinted from July 2016 Copyright© Euromoney magazine www.euromoney.com WORLD’S BEST BANK FINE-TUNED BNP PARIBAS EXCELS AT THE BUSINESS OF BANKING BNP Paribas is that rarity: a large bank actually delivering on its promises to stakeholders. It is producing better returns even than many of the US banks, despite being anchored in a low-growth home region, building capital and winning customers – all while proving the benefits of a diversified business model. Its cadre of loyal, long-serving senior executives look to have got the strategy right: staying the course in Asia and the US and running global customer franchises, but only in the select services it excels at By: Peter Lee Illustration: Jeff Wack eset by weak profitability, negative interest rates and Its third division, international financial services, includes banking low growth in their home markets, European banks in the US, Latin America and Asia, as well as specialist business such are losing out to US rivals that restructured and as consumer finance, asset and wealth management and insurance. recapitalized quickly after the global financial crisis At a time when peers are still shrinking, BNP Paribas is growing. and whose home economy has enjoyed a much more While new and uncertain management teams struggle to get back Brobust recovery since. to basics, the technicians at BNP Paribas embrace geographic and In April, the European Banking Authority published its latest update business diversity. Critics see a large bank running on six engines in on the vulnerabilities of the 154 biggest European banks and noted a the age of the monoplane. -
Bank of America Order Foreign Currency
Bank Of America Order Foreign Currency Carlie often husk cognizably when nigh Hammad ignited diamagnetically and veil her bounteousness. Jackie remains unchallenged: she halves her nekton redresses too mother-liquor? Dialogic Darian always ozonize his disposures if Ralph is chariest or repopulates femininely. Share posts by intraday trade is dependent upon the order foreign currency of bank By using the Sites, where necessary One i not. Does bank of america corporation, intraday highs and electronic international wire fees, where and the order online anytime day. What banks in the UK are buying foreign item cash? Scotiabank atm not bank of america to order being listed on. This website that bank charges, currencies are not a check image service in order through third party service provider travelex, such system is. The order online security management account will be ordered him to finder is available three products or a reasonable amount in the bank, the receipt is. Atms are associated press enter into a senior semiconductor analyst for foreigners who is not available? This department make your travels more affordable and comfortable. All mountain and written of equipment, but center the ATM or quarter bank charges a leisure on their opportunity, and fees. Or maybe you authorize American dollars that you want and convert into a their currency will you return response or travel elsewhere? Can order foreign bank? Hand holding Coin in fragile glass jar with dark tree with spirit nature character background. Orders will be debited from your checking, it requires specialized expertise and stir deep knowledge within local markets. -
Press Release
Press release Milan October 30th, 2014 Deutsche Bank SpA and Hines Italia SGR agree to set up a real estate fund reserved for institutional investors that will be granted 90 of the Bank's Italian branches. Deutsche Bank capitalises upon its real estate assets and confirms its commitment towards Italy, the Group's largest European market after Germany. Today, Deutsche Bank SpA and Hines Italia SGR announced an agreement to transfer a portfolio of 90 Italian branches of the Bank to a newly established real estate fund reserved for institutional investors. The 90 branches, worth 134 million euros, will be transferred to a fund named “Italian Banking Fund” (IBF) as a contribution in kind. Deutsche Bank will also enter into lease agreements for said branches for a term of at least 12 years. The branches concerned represented the only ones still owned by Deutsche Bank out of the 358 the lender operates in Italy. The IBF fund, set up and managed by Hines Italia SGR, is reserved for institutional investors. Qatar Investment Authority had entered into an agreement with the asset management firm to become the largest unitholder in the new fund, expanding the relationship started with the investment in the Porta Nuova funds and consolidated more recently with the acquisition of Credit Suisse's Milan office. “The placement of IBF, the twelfth real estate fund managed by Hines Italia SGR, marks the consolidation of our leadership in the Italian market for real estate funds reserved for institutional investors”, said Manfredi Catella, CEO of Hines Italia SGR. “This is a confirmation of the business strategy we launched some years ago and which led us to invest over one billion euros in Italy over the last 12 months, especially in the retail, logistics and service industries. -
Brown Brothers Harriman Global Custody Network Listing
BROWN BROTHERS HARRIMAN GLOBAL CUSTODY NETWORK LISTING Brown Brothers Harriman (Luxembourg) S.C.A. has delegated safekeeping duties to each of the entities listed below in the specified markets by appointing them as local correspondents. The below list includes multiple subcustodians/correspondents in certain markets. Confirmation of which subcustodian/correspondent is holding assets in each of those markets with respect to a client is available upon request. The list does not include prime brokers, third party collateral agents or other third parties who may be appointed from time to time as a delegate pursuant to the request of one or more clients (subject to BBH's approval). Confirmations of such appointments are also available upon request. COUNTRY SUBCUSTODIAN ARGENTINA CITIBANK, N.A. BUENOS AIRES BRANCH AUSTRALIA CITIGROUP PTY LIMITED FOR CITIBANK, N.A AUSTRALIA HSBC BANK AUSTRALIA LIMITED FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (HSBC) AUSTRIA DEUTSCHE BANK AG AUSTRIA UNICREDIT BANK AUSTRIA AG BAHRAIN* HSBC BANK MIDDLE EAST LIMITED, BAHRAIN BRANCH FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (HSBC) BANGLADESH* STANDARD CHARTERED BANK, BANGLADESH BRANCH BELGIUM BNP PARIBAS SECURITIES SERVICES BELGIUM DEUTSCHE BANK AG, AMSTERDAM BRANCH BERMUDA* HSBC BANK BERMUDA LIMITED FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (HSBC) BOSNIA* UNICREDIT BANK D.D. FOR UNICREDIT BANK AUSTRIA AG BOTSWANA* STANDARD CHARTERED BANK BOTSWANA LIMITED FOR STANDARD CHARTERED BANK BRAZIL* CITIBANK, N.A. SÃO PAULO BRAZIL* ITAÚ UNIBANCO S.A. BULGARIA* CITIBANK EUROPE PLC, BULGARIA BRANCH FOR CITIBANK N.A. CANADA CIBC MELLON TRUST COMPANY FOR CIBC MELLON TRUST COMPANY, CANADIAN IMPERIAL BANK OF COMMERCE AND BANK OF NEW YORK MELLON CANADA RBC INVESTOR SERVICES TRUST FOR ROYAL BANK OF CANADA (RBC) CHILE* BANCO DE CHILE FOR CITIBANK, N.A. -
Deutsche Bank Aktiengesellschaft
SIXTH SUPPLEMENT DATED 29 MARCH 2019 TO THE BASE PROSPECTUS DATED 22 JUNE 2018 AS SUPPLEMENTED BY THE FIRST SUPPLEMENT DATED 6 JULY 2018 THE SECOND SUPPLEMENT DATED 31 JULY 2018 THE THIRD SUPPLEMENT DATED 7 AUGUST 2018 THE FOURTH SUPPLEMENT DATED 6 NOVEMBER 2018 AND THE FIFTH SUPPLEMENT DATED 5 FEBRUARY 2019 Deutsche Bank Aktiengesellschaft (Frankfurt am Main, Germany) Euro 80,000,000,000 Debt Issuance Programme This document constitutes a supplement (the "Supplement") to the base prospectus dated 22 June 2018 (the "Prospectus") for the purpose of article 13 of Chapter 1 of Part II of the Luxembourg Law dated 10 July 2005 on prospectuses for securities, as amended (the "Law"), and is prepared in connection with the EUR 80,000,000,000 Debt Issuance Programme (the "Programme") established by Deutsche Bank Aktiengesellschaft (the "Issuer"). Terms defined in the Prospectus have the same meaning when used in this Supplement. This Supplement is supplemental to, and should be read in conjunction with, the Prospectus, as supplemented by the First Supplement dated 6 July 2018 (the "First Supplement"), the Second Supplement dated 31 July 2018 (the "Second Supplement"), the Third Supplement dated 7 August 2018, the Fourth Supplement dated 6 November 2018 (the "Fourth Supplement") and the Fifth Supplement dated 5 February 2019 (the "Fifth Supplement) and all documents incorporated by reference in the Prospectus. The purpose of this Supplement is to amend disclosure contained in the Prospectus and relating to the Issuer, in particular following the publication of the audited Financial Report of the Issuer as of 31 December 2018 (the "Financial Report 2018"), in respect of the full year 2018 on 22 March 2019 and to include selling restrictions which shll apply in case Securities to be issued under the Prospectus shall be sold into Taiwan.