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Deutsche Bank Named Successor Depositary for ABB Ltd’s ADR Program

Women's Tabloid News Desk
Women's Tabloid News Desk

Deutsche Bank has been appointed as the successor depositary bank for ABB Ltd’s sponsored American Depositary Receipt (ADR) Program, as announced. ABB Ltd is a technology firm specializing in electrification and automation, aiming to foster a sustainable and resource-efficient future. Their solutions integrate engineering expertise with software to enhance manufacturing, transportation, power generation, and operational efficiency.

Deutsche Bank specializes in managing international equity structures like New York Shares, American, and Global Depositary Receipts. They also offer trustee, agency, escrow, and other services to corporates, financial institutions, hedge funds, and supranational agencies globally. Their service portfolio spans from intricate securitizations and project finance to syndicated loans, debt exchanges, and restructurings, catering to a wide array of financial products.

Deutsche Bank offers a comprehensive range of services including commercial and investment banking, retail banking, transaction banking, and asset and wealth management. Their clients include corporations, governments, institutional investors, small and medium-sized enterprises, as well as private individuals. As Germany’s premier bank, Deutsche Bank holds a prominent position in Europe and maintains substantial operations in the Americas and Asia Pacific regions.

The Depositary Receipts included in this notice are registered under the US Securities Act of 1933 (“the Act”). The investment or investment service referenced in this notice is not accessible to retail clients as defined by the UK Financial Conduct Authority. This notice has been authorized and/or disseminated by Deutsche Bank AG New York. The services outlined are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or its subsidiaries and/or affiliates in compliance with local registration and regulation requirements. Deutsche Bank is providing this notice solely for informational purposes and does not assert, guarantee, or represent the accuracy or completeness of the information contained herein or therein. This announcement is provided for record purposes only. Neither this announcement nor the information within constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity to buy or sell any securities, nor does it solicit any person in any jurisdiction where such solicitation would be unlawful. No part of this notice may be reproduced or copied without prior written consent from Deutsche Bank. Past performance does not guarantee future results. Copyright© July 2024 Deutsche Bank AG. All rights reserved.

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