November 27, 2006

Nedbank, ABN AMRO in investment banking tie-up

Category: Uncategorized – Author: johnP – 3:52 am

JOHANNESBURG (Reuters) - South Africa’s Nedbank and the Netherlands’ biggest bank ABN AMRO have formed an investment banking alliance to give South African clients access to international markets, the companies said on Monday.

The firms said in a statement the partnership would offer investment grade and high-yield corporate bonds, syndicated loans, offshore corporate leverage and acquisition finance.

It would also offer international equity listings, rights issues and secondary block trades. The companies would share equity research.

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