Deutsche Bank appointed as depositary bank for the Level I American Depositary Receipt program of Daiwa Securities Group Inc.
Deutsche Bank today announced its appointment as depositary bank for the Level I American Depositary Receipt (ADR) program of Daiwa Securities Group Inc.
Daiwa Securities Group Inc. (the “Group) is a comprehensive financial services company with securities-related operations as a foundation. Through its global network, the Group offers a multitude of services to clients in Japan, North America, Europe, Asia and Oceania.*
Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said, “We are delighted to add Daiwa Securities Group Inc. to our established franchise of Japanese ADR issuers. The mandate for Daiwa’s ADR program exemplifies our strong capabilities in ADR depositary services, leveraging our considerable global network and market knowledge to support the capital strategies of our clients. We will continue to deliver a broad range of customized ADR services to enhance our clients’ IR strategies and shareholder bases.”
*Source: Daiwa Securities Group Inc.
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About Deutsche Bank
Deutsche Bank <NYSE: DB> is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 78,530 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
In Japan, Deutsche Bank Group is engaged primarily in investment banking for corporate and institutional clients, corporate banking and asset management. The Group employs about 1,219 people.
Trust & Securities Services
Deutsche Bank's Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, Nasdaq, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers fund and hedge fund administration and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in more than 30 securities markets. Additional details are available on www.adr.db.com