BNY Mellon, (NYSE: BK) a company involved in investment management and investment services, has been appointed by Anglo American plc as depositary bank
for its sponsored American depositary receipt (ADR) programme, replacing a previously unsponsored facility.
The Company has appointed BNY Mellon, a global leader in investment management and investment services, as depositary bank
for the Company's ADRs.
Under the AIFMD, which came into effect on July 22 of this year, non-Ucits funds in Europe must select a depositary bank
for cash monitoring, oversight and safekeeping of assets.
An ADR is a receipt that is issued by a depositary bank
that represents ownership of a company's underlying shares.
11 May 2011 - US investment bank Citigroup (NYSE:C) said that its Global Transaction Services unit would act as depositary bank
for Chinese social networking Internet platform operator Renren (NYSE:RENN).
JP Morgan said it has been appointed the successor depositary bank
for the American Depositary Receipt (ADR) program of TNT, the Netherlands-based international express and mail company.
New York, as depositary bank
, has announced that Grupo Industrial Saltillo, S.
For example, investors who want to own Volvo shares need not purchase Swedish securities but, instead, can buy Volvo ADRs--certificates that represent ownership of Volvo shares held by a depositary bank
RDA"), a Cayman Islands company based in China, as the depositary bank
for its NASDAQ-listed Level 3 American Depositary Receipt (ADR) program.
Global Banking News-November 18, 2015--Stora Enso hires Citi as successor depositary bank
The Bank of New York Mellon is acting as the depositary bank
Under the AIFMD, which came into effect on July 22nd of this year, non-UCITS funds in Europe must appoint a depositary bank
such as BNP Paribas Securities Services for cash monitoring, oversight and safekeeping of assets.