The move follows the decision by the Securities and Futures Commission of Taiwan to award Deutsche a securities brokerage license.
Deutsche Banks decision to apply for these licenses and establish a fully owned branch underscores the importance of the Taiwan market to the bank, says T C Lee, Deutsche Banks chief country officer for Taiwan.
Ed Peter, Deutsche Bank's head of equities, Asia ex-Japan, said the establishment of DSAL as a securities broker is a major step towards building a comprehensive line of businesses in Taiwan.
DSAL is a...
