NYSE:BKCapital Markets
Is BNY’s Latest ADR Mandate Deepening Its Role in Global Capital Flows (BK)?
In early February 2026, Chilwa Minerals Limited announced it had appointed Bank of New York Mellon as depositary bank for a sponsored ADR program, a key step as Chilwa advances toward a planned Nasdaq listing and seeks broader access to U.S. capital markets.
This move reinforces BNY’s role at the center of cross-border capital flows by using its ADR infrastructure to connect overseas issuers with U.S. investors.
We’ll now examine how BNY’s expanding ADR role for issuers like Chilwa Minerals...