Dow Jones
CHICAGO Dain Rauscher Corp. agreed to acquire ABN Amro Holding NVs Chicago-based private-client brokerage office.
Financial terms werent disclosed.
In a press release Monday, Dain Rauscher said that after the deal its Chicago office would double in size, with the addition of 41 employees, including 24 registered investment executives.
Peter Wendell, manager of ABN Amros private-client office in Chicago, is to be managing director of Dain Rauschers Chicago branch office.