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Yuanta Securities is a Taiwanese investment bank headquartered in Taipei City, Taiwan and is the subsidiary of Yuanta Financial Holdings. The firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research.[1]
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Investment Services |
| Founded | 1996 |
| Headquarters | Taipei City, Taiwan |
| Products | Financial services Investment banking |
| Revenue |  NT$ 41.12 billion (12/31/18) |
| NT$ 10.18 billion (12/31/18) | |
| NT$ 10.08 billion (12/31/18) | |
| Parent | Yuanta Financial Holding Co., Ltd.(100.00%) |
| Website | 元大證券 |
Currently Yuanta Securities is the largest brokerage house in Taiwan, with about 12% of market share[2] in the Taiwanese stock market.
History
editThe predecessors of Yuanta Securities include Yuanta Securities established in 1961, Core Pacific Securities and Polaris Securities established in 1988, and Fuhua Securities established in 1996. In 2000, Yuanta Securities and Core Pacific Securities merged into Yuanta Core Pacific Securities;[3] in 2007, Yuanta Core Pacific Securities and Fuhua Securities were merged into Yuanta Securities;[citation needed] in 2012, Yuanta Securities and Polaris securities were merged into Yuanta Polaris Securities;[4] in 2015, Yuanta Polaris Securities was renamed Yuanta Securities.[5][deprecated source]
Yuanta Securities is now dominated by Yuanda Financial Holdings, after many mergers, while Fuhua Securities is the surviving company.
Controversies
editA board member of Yuanta Financial Holdings resigned in 2012 after his son, Justin Lee, was found to have drugged and raped many women.[6]
References
edit- ^ "About Yuanta Securities".
- ^ "More than half of the Taiwanese brokerage brokerage market accounts for less than 1%".
- ^ "Merger Between Yuanta and Core Pacific Securities".
- ^ "Merger Between Yuanta Financial Holdings and Polaris Securities".
- ^ "Yuanta Polaris Securities is renamed Yuanta Securities".
- ^ "Model breaks down amid fugitive socialite scandal - Taipei Times". 19 August 2012.