Bank of New York Mellon has expanded its regional team focusing on depositary receipts (DRs) with the hire of Frances Ni, who will take on a role as head of DRs in Taiwan. Based in Taipei, her job will be to define and coordinate the implementation of future strategic growth opportunities within Taiwan."Taiwan continues to be a dynamic and growing market and remains one of the most active depositary receipts markets in Asia-Pacific," said Christopher Kearns, head of Asia-Pacific for BNY Mellon's DR business. "We expect to see DR capital raising activity continue this year ...