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Baader Bank AG — Board/Management Information 2012
Apr 20, 2012
4539_rns_2012-04-20_647d2771-f3a2-4d66-ba94-22797742c228.html
Board/Management Information
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Corporate | 20 April 2012 07:30
Baader Bank adds six analysts to Research team
Baader Bank AG / Key word(s): Strategic Company Decision/Product Launch
20.04.2012 / 07:30
Baader Bank AG, Unterschleissheim, is significantly expanding its Research activities. Starting in April and May, respectively, six analysts are going to strengthen the team and will cover the following sectors: Automobile, Chemicals, Steel & Metal Industry, Software & IT Services, Technology Hardware as well as the Small & Mid Caps Sector. With these additions the Institutional Research team will grow to 12 senior analysts.
'With our six new hirings we managed once again to win top analysts. Accordingly we are diversifying our range of products for institutional investors significantly.', noted the board member in charge of Investment Banking, Nico Baader. 'Due to this extensive sector coverage we can offer our investors an attractive spectrum of German and Austrian companies. This is also reflected in the exceptionally positive feedback we received regarding our invitation to the Baader Investment Conference, which will take place 25-27 September at BMW Welt Munich and in which a significant number of listed German and Austrian companies have confirmed their participation.'
The following analysts will expand the Baader Bank Research team:
Jose Asumendi – Automobile: Since 2006 equity analyst with the main focus Automobile. Since 2008, he worked as the Head of Equity Research-Automobile at the Royal Bank of Scotland. Prior to this position, Mr. Asumendi worked at WestLB as a Director in Equity Research.
Norbert Barth – Chemicals: Equity analyst with more than 20 years of work experience in well-known investment banks; his last employer was WestLB in Frankfurt. Mr. Barth has expert know-how in the chemicals sector and is known to be a competent professional to companies and institutional investors.
Günther Hollfelder – Technology Hardware: Equity analyst with 12 years of work experience in this sector. He started in 2000 as a Technology analyst at Merrill Lynch. In 2001, he began working as an analyst at HypoVereinsbank/UniCredit and headed the Technology Hardware team since 2009.
Christian Obst – Steel & Metal Industry: Equity analyst since 1991 with focus on industrial enterprises. At HypoVereinsbank/UniCredit, he headed the Transportation & Logistics team from 2000-2003; he moved on heading the team analyzing cyclical equities until 2009 and conclusively headed the team analyzing European steel and metal equities until 2011.
Christian Weiz – Small & Mid Caps: After positions in Switzerland, London and Paris (inter alia UBS Brinson and BT Alex Brown) he started working at HypoVereinsbank/UniCredit in 2002 and was part of the repeatedly awarded Chemicals team. He took up the coverage of the Small & Mid Cap Sectors in 2010 and drove the development of a European product.
Knut Woller – Software & IT Services: Equity analyst with 13 years of work experience in this sector. He headed the German Technology team of HypoVereinsbank/UniCredit from 2003 to 2009 and was responsible for the set-up of the pan-European coverage of the Software & IT Services sector since August 2009.
At the same time, Baader Bank appoints Volker Bosse and Andre Remke to Co-Heads of Equity Research. Both analysts are working since January 2011 for the Bank. 'We are forcefully pursuing our growth strategy with the expansion of the Research department. It is our mid-term target to analyze around 150 German and Austrian stocks on a regular basis and to cover them by the Baader Bank Research team.', explained Nico Baader.
Baader Bank profile:
Baader Bank AG is one of the leading investment banks in Germany in the field of financial instrument trading. The bank with 420 employees is based in Unterschleissheim near Munich.
The Bank advises and assists small and mid-cap companies in relation to corporate actions, IPOs and the issuing of corporate bonds. In its role as a corporate broker, it produces equity research and acts as a designated sponsor and market maker.
With Equity and Derivative Sales as well as Sales Trading, Baader Bank provides institutional investors with a powerful distribution platform. Investment decisions are assisted by an experienced team of senior analysts focusing on German and Austrian stocks.
Baader Bank offers its clients expertise acquired over many years and the highest standards of financial instrument market making, trading and settlement in the world's financial markets. Using its innovative technology, Baader Bank manages trading in a total of 680,000 securities, making it the leading securities trading specialist in Germany.
The independent, majority owner-managed institution has a full banking licence and is a member of the Deposit Protection Fund ( Einlagensicherungsfonds ) of the Association of German Banks.
www.baaderbank.com; www.baadermarkets.de
Baader Bank AG
Dr. Hans-Wilhelm Eckert
Head of Corporate Communications
Weihenstephaner Str. 4
85716 Unterschleissheim
Phone. +49 89 5150 1881
Fax +49 89 5150 29 1880
End of Corporate News
20.04.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
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| Language: | English |
| Company: | Baader Bank AG |
| Weihenstephaner Str. 4 | |
| 85716 Unterschleissheim | |
| Germany | |
| Phone: | +49 (0)89/ 5150-0 |
| Fax: | +49 (0)89/ 5150-291030 |
| E-mail: | [email protected] |
| Internet: | www.Baaderbank.de |
| ISIN: | DE0005088108 |
| WKN: | 508810 |
| Listed: | Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München (m:access), Stuttgart; Open Market in Frankfurt |
| End of News | DGAP News-Service |
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