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Deutsche Bank named as depositary bank for Sponsored Level I American Depositary Receipt Program of Inchcape.

BANKING AND CREDIT NEWS-January 17, 2017-Deutsche Bank named as depositary bank for Sponsored Level I American Depositary Receipt Program of Inchcape

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Deutsche Bank has been appointed as depositary bank for the non-capital raising sponsored Level I American Depositary Receipt program of Inchcape plc ("Inchcape"), the bank said.

Inchcape (OTC: INCPY) is a global premium automotive group, operating in 29 markets with a portfolio of the world's leading car brands in the fast-growing luxury and premium segments. It has diversified multi-channel revenue streams including the sale of new and used vehicles, parts, service, finance and insurance. The company has been listed on the London Stock Exchange since 1958, is headquartered in London and employs around 16,000 people.

Deutsche Bank's Depositary Receipts team is part of the Issuer Services business within the Bank's Global Securities Services unit.

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals.

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Publication:M2 Banking & Credit News (BCN)
Date:Jan 17, 2017
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