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Financials : Banks | Large Cap Value
Company profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Closing Price
$24.09
Day's Change
0.60 (2.55%)
Bid
--
Ask
--
B/A Size
--
Day's High
24.31
Day's Low
23.79
Volume
(Light)
Volume:
47,996,895

10-day average volume:
60,590,044
47,996,895

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Li Auto Inc.

2:14 pm ET August 3, 2020 (BusinessWire) Print

Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Li Auto Inc.

Li Auto Inc. (NASDAQ: LI) designs, develops, manufactures, and sells premium smart electric SUVs, including extended-range electric vehicles, or EREVs, in China. Its first model, Li ONE, is a six-seat, premium electric SUV equipped with a range extension system and smart vehicle solutions. Li Auto started the volume production of Li ONE in November 2019 and delivered over 10,400 Li ONEs as of June 30, 2020.*

"We are very pleased to be appointed as depositary bank for Li Auto's NASDAQ-listed Level III American Depositary Receipt program," said Daniel Clark, Global Head of Depositary Receipts at Deutsche Bank. "This is a key addition to our portfolio of clients and demonstrates the strength of our product offering in the Asia-Pacific region. We look forward to providing dedicated client service and investor relations support to help drive the program's future success."

In addition to specializing in administering cross-border equity structures such as New York Shares and American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. Deutsche Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

* This information was provided by Li Auto Inc. (August 2020).

Depositary Receipt Information                                             Depositary Receipt Contacts
Country                China (Cayman Islands            Head of Depositary          New Business
                                          incorporated)                    Receipts                                       Development
Custodian Bank         Deutsche Bank AG, Hong           Daniel Clark                William Ng
                                          Kong Branch
Effective Date         July 29, 2020                    Tel: +44 (0) 20 7541 6888   Tel: +852 2203 7889
                                                                            
                          
Level III ADR                                
CUSIP                  50202M 102                       www.adr.db.com              Markets Distribution
ISIN                   US50202M1027                     adr@db.com                  London
Symbol                 LI                                        Tel: +44 (0) 20 7547 6500
Exchange               NASDAQ                           gtb.db.com                  New York
                                                                           -------------------------
Current Ratio          1 ADS: 2 Class A ordinary shares          Tel: +1 212 250 9100
Eligibility            DTC                                       Hong Kong

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany's leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright(C) August 2020 Deutsche Bank AG. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200803005690/en/

SOURCE: Deutsche Bank

For further information:
Deutsche Bank AG
Press & Media Relations


Maryanne Caruso
Phone: +1 212 250-2186
E-Mail: Maryanne.caruso@db.com
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