ABN Amro, the Netherlands' largest bank, announced today that it has moved into the China and Hong Kong markets by taking a 40 percent equity stake in the B2B e-commerce unit of General Electric In its first pure e-commerce venture in Asia, ABN Amro's Asian investment unit took a position in GE EXCpress (HK) Ltd., which was established with a Taiwa...
Online brokers Charles Schwab, Ameritrade (Nasdaq: AMTD) and TD Waterhouse (NYSE: TWE) announced today that they will join three prominent Internet venture capital firms to open an Internet-based investment bank by early next year The companies say that the yet-to-be-named bank will be based in Silicon Valley and will focus on initial public offeri...
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