Tullett & Tokyo to Sell Futures Business to First
7.06.1999, 06:43
Chicago Futures TOKYO (PROTEXT) - Tullett & Tokyo Limited announced today thatit is selling its futures business to First Chicago Futures, Inc.The transaction is expected to be finalized by the end of July. "Moving this business as a whole to First Chicago Futuresallows our current staff to maintain its high level of service toour valued clients while Tullett focuses on our other traditionalproducts and continues our investment in a diversified productbase," said David J. Tuffley, chief executive officer of Tullett& Tokyo. "We are extremely pleased to work with Tullett and itsprofessional staff on this transaction," said W. Robert Felker,president of First Chicago Futures. "These professionals whoprimarily specialize in the execution of futures and optionstrades will add to First Chicago Futures' core business." Tullett & Tokyo manages its futures businesses from New York,London and Singapore. First Chicago Futures, headquartered inChicago, has offices in New York, Tokyo, London and Singapore. Itis a subsidiary of BANK ONE CORPORATION, the 5th largest U.S.bank holding company, with assets of more than $250 billion, anda major corporate bank in the United States and in selectedinternational markets. ots Original Text Service: BANK ONECORPORATION Internet: http://www.newsaktuell.de Contact: ThomasKelly of BANK ONE, (in the USA) 312-732-7007
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