Shareholders who wish to attend the EGM either in person or by proxy are asked to register by SWIFT via their custodian bank
with BNP Paribas Securities Services, S.
HSBC Holdings (LSE: HSBA) has become the custodian bank
of Swiss Re's Chinese securities.
NBAD is the first licensed custodian bank
and the only banking institution originating from the UAE that is licensed by the Emirates Securities & Commodities Authority to be a custodian or custody services provider.
Bank of New York Mellon, the world's largest custodian bank
, currently has no plan to list in Shanghai, although it hopes to increase the number of shareholders from Asia including China, sad Chairman Robert Kelly at a press conference yesterday.
Morgan Chase and the Bank of New York), the Fixed Income Clearing Corporation, securities dealers, an interdealer broker, a custodian bank
, a money market fund, The Bond Market Association, and the Investment Company Institute.
The receipt is the equivalent of shares and represents the underlying security deposited at a custodian bank
by its issuer.
It represents foreign shares at a custodian bank
in the issuer's home country and carries the corporate and economic rights of the underlying shares.
If you are a beneficial owner of shares of the Company's Class A common stock whose shares are registered in the name of a broker, custodian bank
, or other nominee and wish to participate in the rights offering, you must instruct your broker, custodian bank
or other nominee to exercise your rights and deliver all documents and payment on your behalf.
Work with the custodian bank
and County to assure coordination of investments, delivery of securities and the availability of funds as needed to pay drawdown requirements.
BNP Paribas Securities Services, a global custodian bank
and a subsidiary of BNP Paribas SA (BNPP.
Being the only licensed custodian bank
to sponsor this event, we showed all participants that a GCC bank generally, and a UAE financial institution specifically, is able to offer services that were historically exclusive to international providers," Samir said.
This practice may be feasible when, for example, two RP counterparties agree to use the same custodian bank
(a "tri-party RP").