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MFC Bancorp Ltd. Announces Opening of a Agency Office in Zurich.


Business Editors

GENEVA--(BUSINESS WIRE)--Aug. 11, 2000

MFC (Microsoft Foundation Class) An application framework for writing Microsoft C/C++ and Visual C++ applications. See application framework.

MFC - Microsoft Foundation Class
 Bancorp Ltd. (Nasdaq: MXBIF and Frankfurt Stock Exchange Frankfurt Stock Exchange

The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS.
: MFC GR) today announced that the Company's wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, MFC Merchant Bank S.A. has opened an office in Zurich, Switzerland.

Zurich is an ideal base from which to serve the German and northern European markets.

Business at the new location will commence on August 14, 2000 and will specialize in the merchant and investment banking. Senior Vice President Mr. Silvio Campestrini will manage the new operation.

Mr. Campestrini is a corporate finance veteran with more than 25 years of experience, and has extensive knowledge in the investment and merchant banking field having been a lead advisor and investment banker Investment Banker

A person representing a financial institution that is in the business of raising capital for corporations and municipalities.

Notes:
An investment banker may not accept deposits or make commercial loans.
 with industry competence in the international trade, media, pulp and paper, franchising, machine tool, retail and Internet technology industries. He sent the 4 years prior to joining MFC, in the Corporate Finance Department of ATAG ATAG Authoring Tool Accessibility Guidelines
ATAG Air Transport Action Group
ATAG Automatic Tag
 Ernst & Young.

Michael Smith Michael or Mike Smith may refer to: Journalists
  • Michael Smith (sports reporter), American sports reporter for the The Boston Globe and ESPN
  • Mike Smith (television presenter), British television and radio presenter
, President of MFC Bancorop Ltd commented, "This move is a commitment to our future and our plans to build a significant presence in the rapidly growing merchant and investment banking field in Europe. We are pleased to welcome Mr. Campestrini and his team on board."

MFC Bancorp Ltd. owns companies that operate in the financial services industry, specializing in merchant banking internationally.

Certain statements included herein are "forward-looking statements'" as defined by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Management cautions that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause the actual results of operations or financial condition of the Company to differ include, but are not necessarily limited to, the risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission.
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Article Details
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Publication:Business Wire
Geographic Code:4EXSI
Date:Aug 11, 2000
Words:303
Previous Article:Corporate Profile for Teletrac Inc., dated Friday, Aug. 11, 2000.
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