Printer Friendly
The Free Library
4,655,439 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ABN AMRO Incorporated Completes Transfer of Energy Futures Business From Merrill Lynch.


Business Editors

CHICAGO--(BUSINESS WIRE)--April 19, 2000

ABN AMRO ABN AMRO Algemene Bank Nederland-Amsterdam Roterdam Bank (Dutch bank)  Incorporated announced today that it has completed the transfer of the energy futures and options business from Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. .

Under the terms of the agreement, approximately 30 people, including three principals from Merrill Lynch, have joined ABN AMRO Incorporated's global energy futures group in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and London. John Hill, Richard Redoglia and Richard Kane have joined Richard Schaeffer, of ABN AMRO Incorporated, as co-directors of the global energy futures business.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Allan Zavarro, senior managing director for ABN AMRO Incorporated in New York, "We have gained a skilled team of professionals and a quality portfolio of clients. With the addition of personnel and accounts from Merrill Lynch, ABN AMRO is now among the largest energy futures brokerages in the world."

ABN AMRO Incorporated, a subsidiary of ABN AMRO Bank N.V., is a full-service investment banking, advisory and brokerage firm. Its services include trading, underwriting and research in equity, fixed-income and money-market securities; execution and clearing for equities, options and futures; institutional, commercial and private client brokerage; and tax-exempt, commercial and federal leasing. ABN AMRO Incorporated is a member of all principal U.S. exchanges and a primary dealer in U.S. government securities. It is the U.S. affiliate of ABN ABN Advance beneficiary notice, see there  AMRO's worldwide investment banking network, which extends to 66 countries and employs over 9,000 people.

Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat.

Trained by D.
: ABN AMRO is an acronym and always capitalized.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:4EUNE
Date:Apr 19, 2000
Words:240
Previous Article:United Shipping & Technology Selected By SwapIt To Manage Logistics.
Next Article:American Century Subsidiary Acumation, Inc. Announces Appointment of Patrick Lin as President; Jim Blachman Joins as VP/Director of Investment...
Topics:



Related Articles
ABN AMRO Incorporated Adds Energex Group Bolstering Energy Futures Business.
LaSalle National Bank and AMRESCO Announce New Alliance.
Whither corporate tax shelters?(tax shelter litigation)
ABN AMRO Incorporated To Solidify Global Position With Energy Futures Acquisition From Merrill Lynch.
Merrill Lynch Announces Intent to Sell Energy Futures Business to ABN Amro Incorporated.
Fixed-Income Veteran James G. Ednie Joins Visible Markets.
ABN AMRO Announces Formation of Global Clearing and Execution Services Unit.
LaSalle Broker Dealer Services Division to Offer the Tennesee Valley Authority Electronotes.
INDEX OF ORDERS ISSUED OR ACTIONS TAKEN BY THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (OCTOBER 1, 1999-DECEMBER 31, 1999).(Illustration)
The Speculators.

Terms of use | Copyright © 2008 Farlex, Inc. | Feedback | For webmasters | Submit articles