Bank to start N.Z. branch
Morgan Grenfell and Company, Ltd, the merchant bank has announced the establishment of a New Zealand subsidiary, Morgan Grenfell New Zealand, Ltd. Morgan Grenfell said it had already developed a close association with a significant number of New Zealand companies and had handled the stock exchange listing in Australia for Feltex, Chase Corporation and Robt Jones Investments, as well as the New Zealand listing for FAI Insurance and Adelaide Steamship. In the United States Morgan Grenfell was financial adviser to the Brierley subsidiary, Industrial Equity (Pacific), Ltd, in its acquisition of the Higbee Company. The head office for New Zealand will be in Auckland and the managing director will be Dr Don Turkington, formerly corporate finance manager of Challenge Corporate Services, and a former member of the Prime Minister’s advisory group. Dr Turkington said the company would initially concentration on corporate and project advisory services and capital markets activities, later expanding into other investment banking functions. Morgan Grenfell is a Lon-don-based financial institution, which goes back to 1838.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19860416.2.174.33
Bibliographic details
Press, 16 April 1986, Page 49
Word Count
173Bank to start N.Z. branch Press, 16 April 1986, Page 49
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in