Commerce Capital Markets Retains Position as New Jersey's No. 1 Short-Term Municipal Underwriter for Fifth Consecutive Year.Business Editors PHILADELPHIA--(BUSINESS WIRE)--Jan. 31, 2001 Commerce Capital Markets, Inc., a wholly-owned subsidiary of 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 (NYSE NYSE See: New York Stock Exchange Symbol: CBH CBH cutaneous basophil hypersensitivity. ), ranked as New Jersey's most active underwriter of short-term municipal bonds and notes in 2000 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. statistics compiled by Securities Data, Inc. of Newark, New Jersey. Commerce Capital has been New Jersey's number one short-term underwriter since 1996. Commerce Capital's total of 161 issues during 2000 put the firm well ahead of the state's second two most active public finance companies, which each completed 25 issues. The total principal amount of Commerce Capital's issues in 2000 was nearly $992 million, approximately $791 million more than the closest competitor on the list of the top 25 public finance companies serving New Jersey. "We are extremely proud of our five-year record of being New Jersey's leading short-term municipal underwriter," said Commerce Capital Chief Executive Officer Vincent J. Stafford. "Our success in 2000 reflects the expertise and continuing commitment of our talented financial experts who are devoted to providing the municipalities we serve with unmatched service." Commerce Capital Markets is the region's largest public finance firm specializing in meeting the needs of state and municipal, health care and higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. clients including: Essex County Essex County can refer to:
For other uses, see Middlesex (disambiguation). Middlesex County is the name of six counties in North America:
Commerce Bancorp, the region's fastest growing independent financial services retailer, specializes in providing a full range of banking, insurance and public finance services. Headquartered in Cherry Hill, New Jersey, Commerce has assets of $8.3 billion and a network of 150 branches serving Pennsylvania, New Jersey and Delaware. For more information about Commerce, please visit the company's interactive financial resource center on-line at www.commerceonline.com. For more information contact David Flaherty, Vice President / Corporate Communications - 856-751-4069. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion