Piper Jaffray Lands on Shanghai. Check it out:
(SinoCast Via Thomson Dialog NewsEdge) SHANGHAI, Sep 29, 2006 (SinoCast via COMTEX) --Piper Jaffray & Co., the principal operating subsidiary of the America-based investment bank Piper Jaffray Companies (PJC), set up its third overseas branch in Shanghai on September 26 after the branches in London and Bombay.
Andrew Duff, the CEO of the bank revealed the move in Shanghai is a key part of the comprehensive development strategy of the bank, which would enhance its strength in the international medium-size investment and security market.
The bank, established in 1895 in Minneapolis, US, specializes in serving medium enterprises, investment groups, institutions, non-profit-making associations and institutional investors.
Since 2000, it had tapped into Asian financial markets and undertaken the first public placement of the Chinese enterprise UTStarcom in US.
From China Securities, Page 1, Thursday, September 28, 2006
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