Foreign Banks Expanding in Taiwan

March 9th, 2011
in econ_news

Taiwan Taipei 101Econintersect:  Many foreign banks, such as BNP Paribas Taipei, Societe Generale, Deutsche Bank (Taipei Branch), Barclays Capital, Bank of New York Mellon (BNY Mellon), will expand operations in Taiwan.  This is reflective of Taiwan's favorable economic climate and the opening of financial markets between the island and mainland China, according to

Follow up:


A senior BNP Paribas manager says that Taiwan`s financial market is ideal for wealth management, asset management and securities investment, hence its focus on the said three sectors. Besides, the bank plans to introduce derivative financial products into Taiwan from its operations in Hong Kong and BNP Paribas Securities Services, an affiliate of the BNP Group.

C. J. Liu, general manager of BNY Mellon`s Taiwan branch, says that the mutual opening of financial markets between Taiwan and China is encouraging foreign banks in Taiwan to reinforce capacities in Greater China, and BNY Mellon`s 20 international asset management firms all plan to establish footholds in Taiwan.

Deutsche Bank and Barclays Capital both aim to bring into Taiwan ETFs and bonds that are preferred by Asian investors, believing Taiwan`s investors are looking for stable, safer financial products from foreign financial institutions.


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved