DALLAS -- Rodman & Renshaw Capital Group, a Chicago-based investment banking and brokerage firm, has opened a Dallas office to expand its activities in cross-border finance between Mexico and the United States and to offer other money management and investment banking services.

The office is expected to work in conjunction with investment banking and securities operations in Mexico owned by Rodman's principal shareholder, Abaco Casa de Bolsa. The Mexican firm acquired a majority interest in the Chicago company in December.

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