Laidlaw Global Corporation Granted License to Provide Financial Services in France

Apr 03, 2001, 01:00 ET from Laidlaw Global Corporation

    NEW YORK, April 3 /PRNewswire/ -- Laidlaw Global Corporation (Amex:   GLL),
 announced today that the Company has been granted a license from Banque de
 France, allowing it to operate as a broker/dealer of securities in the French
 financial markets as well as in other countries of the European Economic
 Community. The Laidlaw license is only one of approximately five licenses that
 have been issued in the past ten years. The Company will be operating in
 France under the name Laidlaw International, S.A.
     In September of last year, Laidlaw Global announced its intent to
 restructure its international division, in particular focusing on upgrading
 its operations based in Paris.
     "With this license from Banque de France, we can now move forward with new
 opportunities throughout the European Community, and in the French marketplace
 in particular. This allows us to further our strategy of focusing on mature
 markets," explains Roger Bendelac, President and CEO of Laidlaw Global
 Corporation.
     Laidlaw Global Corporation is a provider of global investment and
 financial services, with offices in Miami, New York, Paris, Geneva, Nassau,
 Barcelona and Hong Kong. Laidlaw Global Corporation subsidiaries operate in
 three areas of financial services: investment banking, asset management and
 trading/brokerage. Its website is http://www.laidlawglobal.com. It also owns
 Globeshare, Inc., the first 24-hour, five day a week online global trading
 platform, found at http://www.Globeshare.com.
 
     This release contains statements relating to the future results of the
 Company and the Company's market share in the industry (including certain
 projections and business trends) that are "forward-looking statements" as
 defined in the Private Securities Litigation Reform Act of 1995.
 
 

SOURCE Laidlaw Global Corporation
    NEW YORK, April 3 /PRNewswire/ -- Laidlaw Global Corporation (Amex:   GLL),
 announced today that the Company has been granted a license from Banque de
 France, allowing it to operate as a broker/dealer of securities in the French
 financial markets as well as in other countries of the European Economic
 Community. The Laidlaw license is only one of approximately five licenses that
 have been issued in the past ten years. The Company will be operating in
 France under the name Laidlaw International, S.A.
     In September of last year, Laidlaw Global announced its intent to
 restructure its international division, in particular focusing on upgrading
 its operations based in Paris.
     "With this license from Banque de France, we can now move forward with new
 opportunities throughout the European Community, and in the French marketplace
 in particular. This allows us to further our strategy of focusing on mature
 markets," explains Roger Bendelac, President and CEO of Laidlaw Global
 Corporation.
     Laidlaw Global Corporation is a provider of global investment and
 financial services, with offices in Miami, New York, Paris, Geneva, Nassau,
 Barcelona and Hong Kong. Laidlaw Global Corporation subsidiaries operate in
 three areas of financial services: investment banking, asset management and
 trading/brokerage. Its website is http://www.laidlawglobal.com. It also owns
 Globeshare, Inc., the first 24-hour, five day a week online global trading
 platform, found at http://www.Globeshare.com.
 
     This release contains statements relating to the future results of the
 Company and the Company's market share in the industry (including certain
 projections and business trends) that are "forward-looking statements" as
 defined in the Private Securities Litigation Reform Act of 1995.
 
 SOURCE  Laidlaw Global Corporation