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BNP inks Taiwanese asset management JV

January 24, 2010  

From Leigh Powell

The asset management arm of BNP Paribas has signed a deal with Taiwan Cooperative Bank to form a joint-venture company. The match appears to be a promising one as the island’s financial markets continue to develop.

BNP Paribas Investment Partners has signed a deal with Taiwan Cooperative Bank (TCB) to form a joint-venture asset management firm in the country.

The two firms are seeking to capitalise on a common distribution platform to provide funds and other...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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