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Enron Mail |
Sara,
ECTI has a broker Agreement in place with Furman Selz (as listed on the=20 "Brokerage Agreements" schedule, We should change name to ING Baring Furman Selz LLC . Thanks. Sheila In October 1997, Furman Selz LLC was acquired by ING Group, N.V., a global financial institution of Dutch origin which is activ= e=20 in the fields of banking, insurance and asset management. On July 1, 1998 the U.S. broker dealers of ING Barin= gs=20 and Furman Selz were merged. The merger of the two broker dealers allows the=20 U.S.-based securities businesses of ING Barings and Furman Selz to operate the tradin= g,=20 research, sales, corporate finance and prime brokerage businesses as one entity= .=20 The combined company operates under the legal name ING Baring Furman Selz= =20 LLC and is part of the global ING Barings organization. ING Group is the largest financial services group in= =20 the Netherlands and the third largest financial institution in Europe. ING Group h= as=20 total assets of US$440 billion, shareholder equity of US$30 billion, and=20 81,000 employees in 60 countries. ING Group has credit ratings of Aa2 from= =20 Moody=01,s Investor Services and AA- from Standard & Poor=01,s. ING Group acquired Furman Selz in order to increase= =20 further the U.S. equity market presence of ING Barings, the international=20 corporate and investment banking division of ING Group. ING Barings is one of the world=01,s major corporate= and=20 investment banking operations, with an extensive international network= =20 and memberships in over 60 stock, futures and commodities exchanges around the= =20 world. Its head office is in London and its principal regional offices in New Yor= k=20 and Hong Kong. Today, ING Barings has over 9,000 staff around the world wi= th=20 offices in over 50 countries: of these, 25 are in the emerging markets = of=20 Africa, Asia, Eastern Europe, India and Latin America. The websites of ING Barings and Furman Selz are=20 currently being revised to reflect the acquisition and subsequent merger. Until these changes are made, please continue to use= =20 this website to learn about our current financial services in the U.S.. To learn= =20 more about the international corporate and investment banking activities of ING= =20 Barings, please go to www.ingbarings.com. The Total Prime Brokerage Solution / Basic &= =20 Value-Add
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