Deutsche Bank appointed as Successor Depositary Bank for the American Depositary Receipt Program of Swisscom AG
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Key Terms
american depositary receiptfinancial
An American depositary receipt (ADR) is a certificate that represents shares of a foreign company traded on U.S. stock exchanges. It allows investors to buy and sell parts of a foreign company's stock easily, much like purchasing shares of a company based in their own country. ADRs make international investing more convenient and accessible for U.S. investors.
level i adrfinancial
A Level I ADR is a basic U.S. certificate that represents shares of a foreign company and allows those shares to trade on over‑the‑counter (OTC) markets rather than major U.S. stock exchanges. Think of it as a storefront window in a quieter neighborhood: it gives U.S. investors access to a foreign stock with lower setup costs and fewer reporting requirements, but usually brings lower liquidity, less transparency and potentially higher trading risk.
cusipfinancial
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
isinfinancial
A 12-character International Securities Identification Number (ISIN) is a unique code that acts like a passport for a specific stock, bond or other tradable security so it can be identified worldwide. Investors and systems use it to ensure they are buying, selling and tracking the exact same instrument across exchanges and data feeds, which prevents costly mix-ups and makes portfolio reporting, settlement and regulatory checks simpler and more reliable.
NEW YORK--(BUSINESS WIRE)--
Deutsche Bank announced today its appointment as successor depositary bank for the sponsored American Depositary Receipt program of Swisscom AG.
Swisscom AG (OTC: SCMWY) is a leading information and communications technology company in Switzerland and Italy. Swisscom offers mobile, internet and TV, as well as comprehensive IT and digital services to private and business customers. Swisscom is 51% owned by the Swiss Confederation, employs nearly 20,000 people and is headquartered in Ittigen, Switzerland.*
In addition to specializing in administering cross-border equity structures such as New York Shares and American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. Deutsche Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.
* This information was provided by Swisscom AG (January 2026).
Issued by press department of Deutsche Bank AG NY
1 Columbus Circle, New York, NY 10019
Phone +1 212 250 7171
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. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.