Financial Services Industry
Industry: Email Alert RSS FeedH&Q picks Ameritrade as IPO partner.(Brief Article)
Investment News, October, 1999
Hambrecht & Quist will soon start offering the customers of discount broker Ameritrade Holding Corp. access to initial public offerings. Omaha, Neb.-based Ameritrade is among a short but growing list of online brokerages that the San Francisco investment bank has hooked up with. Hambrecht & Quist initially started offering these services with Charles Schwab & Co.
in 1997 and expects to selectively add to its online brokerage alliances in the future. Most recently, H&Q, which is being acquired by Chase Manhattan Corp., has raised more than $12 billion in financing for start-up companies.
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