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Article: Republic unit seeks stock exchange seats. (Republic New York Corp. applies for a seat on the New York Stock Exchange) (Brief Article)
- Article from:
- American Banker
- Article date:
- October 15, 1992
CopyrightCOPYRIGHT 1992 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK - A brokerage affiliate of Republic New York Corp. said it had applied for membership on the New York Stock Exchange and other principal exchanges.
Republic New York Securities said it expected the applications to be approved within two weeks. Initial capitalization will be $100 million, it said.
The business will engage in "full-service brokerage, prime brokerage, securities ...