Piper Jaffray Lands on Shanghai
September 28, 2006
Piper Jaffray Lands on Shanghai. Check it out:(SinoCast China Business Daily News Via Thomson Dialog NewsEdge) SHANGHAI, September 29, SinoCast -- 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.
Copyright 2006 SinoCast LLC Source: Financial Times Information Limited -
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