First Chicago hopes Roney buyout will bolster retail effort

Shields, Yvette
November 1997
Bond Buyer;11/20/97, Vol. 322 Issue 30277, p1
Trade Publication
Reports on Chicago, Illinois-based First Chicago NBD Corp.'s acquisition of Detroit, Michigan-based Roney & Co. Move to boost its retail brokerage and underwriting presence in several key Midwest markets; Appeal of the attractiveness and high quality of Roney's brokers and client accounts; Advantage of the geographic match.


Related Articles

  • 1st Chicago to bring equity underwriting in-house. Tarquinio, J. Alex // American Banker;5/12/1998, Vol. 163 Issue 89, p10 

    Presents information on the acquisition of Roney & Company, of Detroit, Michigan, by First Chicago NBD Corporation. Assets of First Chicago; Indepth look at the acquisition; Information on Roney & Company; What Roney specializes in; Comments from Gerry Byrne, chairman of First Chicago.

  • Roney purchase leaves investment-bank void.  // Crain's Detroit Business;11/24/97, Vol. 13 Issue 47, p8 

    Opinion. Discusses the November 1997 purchase of the Detroit brokerage firm Roney & Company by First Chicago NBD Corporation. Impact of the purchase; Information on regional investment banking.

  • First Chicago NBD vows to leave Roney alone. Roush, Matt; Daniels, Steve // Crain's Detroit Business;11/24/97, Vol. 13 Issue 47, p55 

    Presents information on First Chicago NBD Corporation's relationship with Roney & Company. Questions relating to the two businesses; Details on First Chicago's plans for Roney.

  • NBD completes Roney acquisition.  // Grand Rapids Business Journal;05/18/98, Vol. 16 Issue 20, p2 

    Announces First Chicago NBD Corp.'s acquisition of Roney & Co., a regional full-service investment firm.

  • First NBD'S new buyout quandary. Strahler, Steven R. // Crain's Chicago Business;12/01/97, Vol. 20 Issue 48, p1 

    Focuses on speculations pertaining to a possible sale of the First Chicago NBD Corporation. Reluctance by First NBD to enter into the consolidation and megers within the banking industry; Comments by Thomas H. Hodges, a former executive vice-president for First NBD; Information on bank...

  • Bank exits trust business. Hemmerick, Steve; Williamson, Christine // Pensions & Investments;8/19/1996, Vol. 24 Issue 17, p2 

    Reports that First Chicago NBD Corp. is exiting the trust and custody bank business. Reasons for the business exit; Reaction of clients to the bank's decision.

  • Quarterly earnings.  // Grand Rapids Business Journal;02/16/98, Vol. 16 Issue 7, p28 

    Reports on the record net income and earnings of First Chicago NBD Corp. in the fourth quarter of 1997.

  • First NBD banks on South Loop.  // Crain's Chicago Business;03/30/98, Vol. 21 Issue 13, p54 

    Discusses the consolidation of four Chicago offices by First Chicago NBD Corporation. Cost of an operations center which First Chicago will open; Where the center will be located; Information on the center.

  • First Chicago NBD reorganizes.  // Crain's Detroit Business;10/21/96, Vol. 12 Issue 43, p49 

    Reports that First Chicago NBD Corporation has reorganized into three key business segments, each headed by vice chairmen, Thomas Jeffs, and David Vitale.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics