dcsimg
Emerging Markets

Taiwan rule change could encourage ADR issuance

The island's financial regulator has quietly opened the way to let local companies issue depository receipts into the US. At the same time it has also allowed a wider array of investors to invest in the equity-linked products.

  • 18 Nov 2010

The decision by Taiwan’s financial watchdog to let local companies print level 1 American depository receipts (ADRs) for the first time could lead to several local companies issuing equity to US investors.

In October the Financial Supervisory Commission (FSC) quietly changed its approach to the instruments to allow Taiwanese companies ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please call Mark Goodes on +44 (0)20 7779 8605 or email mark.goodes@globalcapital.com to discuss your requirements.

Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Sep 2014
1 HSBC 40,894.76 271 0.00%
2 Citi 38,642.99 185 0.00%
3 JPMorgan 33,778.05 143 0.00%
4 Deutsche Bank 29,959.72 147 0.00%
5 Bank of America Merrill Lynch 20,886.95 116 0.00%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Sep 2014
1 Citi 11,278.88 47 10.70%
2 HSBC 10,927.27 42 10.36%
3 JPMorgan 9,839.95 34 9.33%
4 Bank of America Merrill Lynch 9,413.93 36 8.93%
5 Deutsche Bank 9,109.83 32 8.64%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Sep 2014
1 Citi 12,720.95 47 6.34%
2 JPMorgan 11,277.13 31 5.62%
3 Deutsche Bank 8,569.78 33 4.27%
4 Barclays 8,394.44 24 4.18%
5 HSBC 8,013.75 34 3.99%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 15 Sep 2014
1 JPMorgan 285.47 88 7.92%
2 Goldman Sachs 282.75 94 7.84%
3 Bank of America Merrill Lynch 212.19 68 5.89%
4 Lazard 206.53 111 5.73%
5 Deutsche Bank 202.42 79 5.61%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Sep 2014
1 RBS 1,515.49 5 9.32%
2 ING 1,419.19 15 8.73%
3 Deutsche Bank 1,361.01 9 8.37%
4 UniCredit 1,307.83 10 8.04%
5 SG Corporate & Investment Banking 1,174.66 9 7.23%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Sep 2014
1 Standard Chartered Bank 3,147.01 26 10.95%
2 AXIS Bank 2,620.23 64 9.12%
3 Deutsche Bank 2,204.26 29 7.67%
4 HSBC 1,918.14 18 6.67%
5 Citi 1,639.24 11 5.70%