Topic: Depositary Banks
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Answers to Common Questions
Which of the following requires the depositary bank to place endo...
Uniform Commercial Code Read More »
Source: http://answers.yahoo.com/question/index?qid=20060726131907AAMhP7V
What is financial definition of Depositary Bank ?
A bank that keeps assets or securities on behalf of a client. All retail banks are depositary banks, because they hold money for account holders. Depositary bank. A US bank that holds American depositary shares (ADSs), or shares of corporat... Read More »
Source: http://financial-dictionary.thefreedictionary.com/Depositary+Bank
Who is the depositary bank for Noah?
The Bank of New York Mellon serves as Noah’s depositary bank. Read More »
Source: http://ir.noahedu.com.cn/phoenix.zhtml?c=215469&p=irol-faq
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Depositary Banks
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Answers to Other Common Questions
Siemens has an ADR program with JPMorgan Chase Bank NA (former Morgan Guaranty Trust Company of New York).
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Source: http://www.siemens.com/investor/en/service_information/faqs.htm
The Bank of New York.
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Source: http://www.xinhuafinance.com/en/for-investors/faq/adr/?section=ad...
The Bank of New York, P.O. Box 11258, Church Street Station, New York, NY 10286-1258.
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Source: http://production.investis.com/ip/investors/shareholderinfo/faqs/
The Bank of New York Mellon (BNYM). The depositary bank plays a key role in the process of issuance and cancellation of ADRs. It also maintains the ADR holder register and distributes the dividends in U.S. dollars. The Bank of New York Mell...
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Source: http://www.glpg.com/investor/faqs.htm
3SBio’s ADR program is administered on behalf of the company by JPMorgan Chase Bank, N.A. Further information on 3SBio’s ADR program can be found at www.adr.com
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Source: http://www.3sbio.com/en/News/ShowInfo_n26.aspx?ID=40
The intended payee cannot sue if it never had possession of the check or if the check was never issued to it. The drawer cannot sue the depositary bank for conversion. It also cannot sue the depositary bank for breach of warranty. The drawe...
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Source: http://www.ckfraud.org/responsible.html