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MABON SECURITIES TO OPEN RICHMOND OFFICE

 NEW YORK, July 19 /PRNewswire/ -- Mabon Securities Corp. today announced that it was opening an office in Richmond, Va., on July 22, 1993.
 Salvatore Trani, chairman, noted that "The Richmond office complements our other locations in New York, Chicago, San Francisco and Boston. We plan a careful expansion in selected financial regional centers. Richmond will be a key location for Mabon."
 Trani described the Southeast and the South as crucial markets for financial services. He added that Mabon's strategy was to expand its institutional marketing base to that area of the U.S.
 Mabon is a member of the New York Stock Exchange and other principal exchanges. It offers services to institutional investors, broker dealers, banks, corporations and individuals. Mabon, headquartered in New York City, is part of the IMI Group, a preeminent European financial institution based in Rome.
 -0- 7/19/93
 /CONTACT: Edward Boyer of Mabon Securities, 212-346-5079, or Tim Branton of Institute for Corporate and Government Strategy, Inc., 212- 980-0729 or 212-758-0386, for Mabon Securities/


CO: Mabon Securities Corp. ST: Virginia, New York IN: FIN SU:

LG-MP -- NY034 -- 2972 07/19/93 10:24 EDT
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Publication:PR Newswire
Date:Jul 19, 1993
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