Taiwanese Brokerage Yuanta Taps Banks for $1.3 Billion of Loans

Yuanta Securities Co., Taiwan’s largest brokerage, and its subsidiary, are seeking up to NT$42 billion ($1.3 billion) through two syndicated loans, according to people familiar with the matter, a fundraising that highlights surging demand for financial services amid the stock… Yuanta Securities Co., Taiwan’s largest brokerage, and its subsidiary, are seeking up to NT$42 billion ($1.3 billion) through two syndicated loans, according to people familiar with the matter, a fundraising that highlights surging demand for financial services amid the stock boom.