Deutsche picks up Australian mandate 03 March 2014 Melbourne Reporter: Georgina Lavers
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Deutsche Bank is the new depository bank for the noncapital raising sponsored Level I American Depositary Receipt (ADR) programme of IOOF Holdings.
IOOF is a financial services provider in Australia that has AUD 124 billion of assets under administration and management.
Naomi Flutter, head of global transaction banking for Australia and New Zealand at Deutsche Bank, said: “This new appointment reaffirms Deutsche Bank’s commitment to its clients in Australia. By leveraging our customised value-added services, IOOF Holdings will be able to enhance its investor relations strategies and shareholder bases."
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