Commerce Bancorp Completes Acquisition of A.H. Williams & Co. Inc. to Form Commerce Capital Markets Inc.CHERRY HILL Cherry Hill, township (1990 pop. 69,319), Camden co., W central N.J.; name was changed from Delaware township to Cherry Hill in 1961. Largely residential, Cherry Hill has been marked by great development and housing growth, especially since the 1970s. , N.J.--(BUSINESS WIRE)--March 27, 1998--Commerce Bancorp Inc. (NYSE NYSE See: New York Stock Exchange Symbol: CBH CBH cutaneous basophil hypersensitivity. ) announced Friday it has completed the acquisition of A.H. Williams & Co. Inc., a major public finance and financial advisory firm headquartered in Philadelphia. A.H. Williams specializes in government, non-profit, education and health care financing throughout the Mid-Atlantic region and provides structured public financing services for clients across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Commerce Bancorp This article is about the bank headquartered in Cherry Hill, New Jersey. For other uses, see Commerce Bank. Commerce Bancorp (NYSE: CBH), doing business as Commerce Bank will combine A.H. Williams with Commerce Capital, its existing public finance underwriting division and New Jersey's number one public finance underwriter in 1997, to create Commerce Capital Markets Inc. The new subsidiary will be the Mid-Atlantic region's preeminent public finance firm with the capabilities to provide investment banking, financial advisory and securities distribution services for both regional and national clients. Commerce Capital Markets will be headquartered in Philadelphia and have additional offices in: -- Cherry Hill, N.J. -- Ramsey, N.J. -- Pittsburgh -- Boston -- San Francisco Commerce Bancorp Inc. is a multi-bank holding company headquartered in Cherry Hill, with $4 billion in assets and 76 branches serving New Jersey and Pennsylvania. CONTACT: Commerce Bancorp David A. Flaherty, 609/751-9000 ext. 7981 fax: 609/424-1629 |
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