Fintech PR

Greenberg Traurig To Combine With Elite Italian Boutique Santa Maria Studio Legale And Adds Real Estate And Finance Stars, In Milan

Published

6 years ago

May 17, 2019

Newsfile

Reading Time: 3 minutes

Global law firm Greenberg Traurig, LLP, one of the largest in the United States, announced that effective July 1, 2019, it will combine with its longstanding ally Santa Maria Studio Legale, a truly elite Italian boutique, and simultaneously add stars in the real estate and finance fields from Freshfields in Milan. The result will be Greenberg Traurig’s 40th office worldwide and its fifth in Europe, located in Milan, Italy.

“After almost 15 years of closely working together, we are pleased to welcome Professor Alberto Santa Maria, one of Europe’s leading authorities in competition and corporate law, along with Luigi Santa Maria, Mario Santa Maria, and all their partners, associates, and staff, into the GT family,” said Richard A. Rosenbaum, Executive Chairman of Greenberg Traurig. Rosenbaum has been responsible for the execution of the plan which has resulted in offices in Amsterdam, Berlin, London, Warsaw, and now Milan, in addition to Tel Aviv. Collectively, these offices employ more than 300 lawyers and are known for their exceptionally high quality, particularly in real estate, M&A, private equity and funds, finance, restructuring, tax, capital markets, media and entertainment, and other areas.

“This is a unique opportunity given our close relationship with Studio Santa Maria and its highly regarded place in the Italian market. We are a global firm, with one of the largest U.S. footprints and now over 300 lawyers across Europe, as well as a compelling strategic penetration of both Latin America and Asia. For more than 50 years, we have guarded our unified, collaborative, and non-bureaucratic culture as we have grown, maintaining our core values of excellence and sincere respect and trust of the individuals on the ground in all our locations. This unique combination has resulted in a broad and deep platform while retaining the feeling of empowerment and ability to change, which is so crucial to delivering results for our clients and satisfaction for our professionals worldwide,” Rosenbaum continued.

“Our unique approach has quickly provided us the opportunity to also simultaneously welcome the leading real estate and finance lawyers in the market for the last several decades, Marzio Longo and Corrado Angelelli, from the Freshfields firm. They will enhance our ability to take advantage of the real estate, finance, and distressed asset opportunities we believe will drive value to our private equity, real estate, banking, and other clients from our earliest days in Milan.”

Luigi Santa Maria, along with Mario Santa Maria, will become shareholders and will serve as co-managing shareholders of Greenberg Traurig’s Milan office, which will be known as Greenberg Traurig Santa Maria in Italy. Longo and Angelelli will join from Freshfields Bruckhaus Deringer, where they both practiced for decades. Longo was head of that firm’s Real Estate Practice in Italy and Angelelli was a leading finance partner in the firm’s global transactions group.

Santa Maria Studio Legale has been a leading independent law firm in Italy for over 50 years, operating internationally with a sophisticated team assisting clients in matters involving European Union law, international contracts and litigation, M&A, corporate law, and finance. In 2005, Greenberg Traurig and Santa Maria established an alliance relationship that included an Italian Desk at Greenberg Traurig’s New York City office.

“We are extremely proud of what we have been able to achieve for clients together and will now have the capability to do so as one ever-expanding platform,” Luigi Santa Maria said. “Beyond our legal experience, we look forward to bringing to our clients the technological know-how, including the use of artificial intelligence, crucial in the context of the epic change our profession is undergoing. Lawyers who make the difference and are supported by latest-generation technology, can achieve more for clients. We are also very excited to welcome Marzio Longo and Corrado Angelelli to Greenberg Traurig Santa Maria.”

Longo, with over 25 years of experience, has in-depth knowledge of all aspects of real estate consultancy, and has dealt with M&A transactions, development projects, co-investment structures such as joint ventures, and financing. He assists high-profile national and international players in the real estate market, such as private equity companies, sovereign funds and pension funds, investment funds, and companies involved in real estate development.

“Both Greenberg Traurig and the team at Santa Maria Studio Legale have always had an excellent reputation that go beyond legal expertise. Specifically, I look forward to having clients work with the award-winning real estate team not only here in Italy, but also worldwide. And I am confident that my experience will prove to be of value to clients across markets,” Longo said.

Angelelli is among the most experienced lawyers in Italy in the field of structured finance, having assisted many clients in securitization transactions concerning a wide range of asset classes. In addition, he has gained experience in restructuring, real estate financing and refinancing, has a strong expertise in NPLs and has aided clients with the legal aspects of the purchase and sale of loan and asset portfolios.

“Given that I assist foreign banks and investors, Italian companies, and financial institutions, the move to Greenberg Traurig Milan was an easy decision to make,” Angelelli said. “This is a highly sophisticated team that works well together across platforms, markets, and sectors. I look forward to expanding my reach and adding to the team’s already robust global capabilities.”

Robert J. Ivanhoe, co-chair of Greenberg Traurig’s Global Real Estate Practice, added, “It has been my pleasure getting to know Marzio and Corrado, they are top quality individuals who will fit well with both our dear friends at Santa Maria and with GT globally, and we can’t wait to explore the many opportunities before us.”

SOURCE Greenberg Traurig, LLP

Fintech PR

China’s AIMA brand electric motorbike is now in Bangladesh

Published

10 hours ago

November 23, 2024

CISION (PR Newswire)

DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.

In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.

Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.

AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.

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View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html

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China Telecom Gulf Officially Launches in Saudi Arabia for Business

Published

11 hours ago

November 23, 2024

CISION (PR Newswire)

china-telecom-gulf-officially-launches-in-saudi-arabia-for-business

HONG KONG, Nov. 23, 2024 /PRNewswire/ — On November 21, China Telecom Gulf was officially launched in Riyadh. This milestone marks a significant step in China Telecom’s efforts to provide deep services under the “Belt and Road Initiative” and to promote the building of a “China-Arab Community with a Shared Future.” It signifies another solid advancement on China Telecom’s path toward internationalization. Mr. Liu Guiqing, Executive Director and EVP of China Telecom Corporation, delivered an opening speech, along with Mr. Fawaz, Representative of Contact Office of Chinese Companies in the KSA, Deputy General Manager of Industrial and Commercial Bank of China Riyadh Branch. Over 100 guests and leaders from the Economic and Commercial Office of Embassy of the PRC of the KSA, Saudi Telecom Company (STC), Bank of China, Huawei, and others attended to witness this momentous occasion.

In his address, Mr. Liu Guiqing emphasized China Telecom’s commitment to openness, cooperation, and mutual benefit. He expressed the company’s willingness to share its experiences in cloud-network integration, cloud transformation, intelligent operations, and technological innovation. China Telecom aims to work closely with various levels of Saudi governments, enterprises, and partners to actively participate in the development of local digital infrastructure, drive the rapid advancement of next-generation information technologies, and establish a robust bridge for cooperation between China and Saudi Arabia in the field of information technology. Leveraging its extensive resources and global operational capabilities, China Telecom plans to bring its strengths in 5G, cloud computing, artificial intelligence, and other fields to provide innovative, high-quality communication products and services to Saudi enterprises, institutions, and consumers.

Mr. Fawaz extended his warm congratulations on the opening of China Telecom Gulf. He highlighted that as a leading global provider of communication services, China Telecom possesses abundant cloud-network resources and mature international service capabilities. The establishment of China Telecom Gulf is a significant step toward supporting the digital transformation of businesses in the region. He expressed confidence that through joint efforts, the company will seize opportunities in the digital era and contribute to Saudi Arabia’s socio-economic development and practical cooperation between China and Saudi Arabia in various fields.

China Telecom showcased its global resources, business capabilities, and its investments and partnerships in the Middle East and Africa. Key services introduced included eSurfing Cloud, computing power solutions, quantum technology, and customized 5G networks. Currently, China Telecom operates branches in 42 countries and regions worldwide, owns 53 international submarine cables, and manages 27 self-operated Internet Data Centers (IDCs). Its cloud-network integrated infrastructure and customer-centric digital service systems provide coverage across the globe.

During the event, China Telecom Gulf signed strategic cooperation agreements with Saudi Telecom Company (STC), Huawei Saudi Arabia, and Baud Telecom Company. The parties committed to deep collaboration, leveraging their respective strengths to provide optimized and convenient digital experiences to Saudi customers.

The establishment of China Telecom’s presence in Saudi Arabia marks a major milestone in the company’s entry into the Middle Eastern communications market, representing a key development in its global strategy. Moving forward, China Telecom Gulf will leverage China Telecom’s robust digital infrastructure and resource integration capabilities. We will collaborate closely with local Saudi enterprises, Chinese businesses expanding internationally, and global companies to strengthen cooperation and enhance exchanges. The company aims to contribute to the growth of Sino-Saudi and Middle Eastern industrial cooperation, continuously offering more smart solutions for the development of the Middle East’s digital economy, while striving to become a world-class provider of digital and intelligent technology services.

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View original content:https://www.prnewswire.co.uk/news-releases/china-telecom-gulf-officially-launches-in-saudi-arabia-for-business-302314765.html

Fintech PR

Redefining Financial Frontiers: Nucleus Software Celebrates 30 Years with Synapse 2024 in Singapore

Published

1 day ago

November 23, 2024

CISION (PR Newswire)

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SINGAPORE, Nov. 23, 2024 /PRNewswire/ — The thriving India–Singapore partnership in banking and technology reached a new milestone as Nucleus Software celebrated 30 years of transformative innovation at Synapse 2024, held in Singapore. The event underscored the company’s role in redefining financial services across Southeast Asia (SEA) and the globe, bringing together leaders in finance and technology to explore a shared vision for the future of banking.

Synapse 2024 celebrated 30 years of Nucleus Software’s leadership in driving transformative change across Singapore and Southeast Asia’s financial ecosystem. The event also shone a spotlight on the Global Finance & Technology Network (GFTN), an initiative supported by the Monetary Authority of Singapore (MAS) to champion responsible technology adoption. The event highlighted the deepening synergies between India and Singapore, driven by their shared commitment to innovation, cross-border collaboration, and financial inclusion. As the financial services sector undergoes rapid evolution with advancements in artificial intelligence, blockchain, and digital banking, these partnerships are setting the stage for a more connected, resilient, and inclusive global ecosystem.

Vishnu R. Dusad, Co-founder and Managing Director of Nucleus Software, reflected on the milestone: “For over 30 years, we’ve had the privilege of aligning our journey with Singapore’s ascent as a global financial powerhouse. Back in 1994, when we chose to go East instead of West, it was a bold and emotional decision—guided by our belief in Singapore as a hub for innovation and collaboration. We saw then what remains true today: Singapore is at the heart of the global financial landscape, a place where new ideas take root, and partnerships thrive.”

The event brought together a distinguished array of participants, highlighting the transformative potential of India–Singapore collaboration. Mr. Piyush Gupta, CEO of DBS Group and the Guest of Honor, set the tone for the event with his opening remarks, emphasizing the transformative role of big tech in reimagining scalable, customer-centric financial services in the digital age.

Following his address, key speakers enriched the discussions with their insights. Mr. Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore and Group CEO-Designate of The Global Finance & Technology Network (GFTN), underlined the importance of fostering responsible technology adoption and building inclusive financial ecosystems. Mr. Vinod Rai, globally respected public policy expert, Distinguished Visiting Research Fellow at the National University of Singapore, and former Comptroller and Auditor General of India, shared his perspectives on governance and policy frameworks in financial systems. Mr. S.M. Acharya, Chairman of Nucleus Software and former Defence Secretary of India, offered a visionary outlook on leveraging technology to modernize and secure banking frameworks. Finally, Mr. Pieter Franken, Co-founder and Director of GFTN (Japan), a global FinTech pioneer and deep tech innovator, discussed the future of decentralized finance and its implications for the financial sector.

The event showcased the transformative role of technology in global financial systems, emphasizing innovations that set benchmarks for scalability and inclusivity. Panelists discussed the importance of localized solutions, the challenges of cross-border integration, and leveraging dual business models to optimize capital and foster public participation. The dialogue highlighted the need for common standards, unified frameworks like APIs, and collaborative efforts to accelerate financial inclusion and drive global connectivity in the digital age.

For 30 years, Nucleus Software has consistently introduced advanced lending and banking solutions that support financial institutions’ evolving needs in Singapore and South East Asia. Driven by lean development methodologies like Acceptance Test-Driven Development (ATDD) and Continuous Integration/Continuous Delivery (CICD), Nucleus Software continues to push boundaries in efficient, flexible, and secure financial technology.

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