Frankfurt/Main, November 8th 2024
On Thursday, November 7, more than 500 participants comprising Institutional Investors, domestic banks, leading law firms and service providers met at Riga’s incumbent Baltic Capital Markets Conference, organised by Signet Bank. Participants were presented with promising growth companies from the Baltics as well as numerous epochal subject-matters in regard to the development of the European Capital Markets. In one of several panel discussions, Bankhaus Scheich, represented by Arne Aßmann, Director Capital Markets, demanded more swiftness from decision-makers in regard to the implementation of the European Capital Markets Union (CMU), as propagated by former ECB chairman, Mario Draghi. Only fiscally and regulatorily harmonised and aligned Capital Markets within the EU could lead to sustainable competitiveness and mobilise private investments for future growth. Referring to the successful capital market transactions of Baltics issuers like 4Finance, IUTECredit, Amber Beverages and Eleving Group, listeners were presented the benefits of a dual listing on the Frankfurt Stock Exchange on the back of consistent IR activities to address the German-speaking investor base. Bankhaus Scheich is one of Frankfurt’s largest specialists, trading more than 5,000 different securities of mostly foreign issuers on a daily basis. The panel discussion was chaired by Andreas Heinzmann (Partner at GSK Stockmann) involving Santa Purgaile (Deputy Governor of Latvijas Banka), Uldis Cerps (Head of Finance Latvia Association) and Manfred Steinbeisser (Managing Director Aalto Capital).